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JLL Capital Markets Secures $67 Million in Refinancing for 100-Unit Mid-Rise Apartment Community in Edina, Minnesota

CHICAGO, IL - JLL Capital Markets announced that it has arranged a $67 million refinancing for Nolan Mains, a 100-unit, mixed-used, mid-rise apartment community located in the 50th and France neighborhood of Edina, Minnesota.
JLL worked on behalf of the borrower, Buhl Investors and Saturday Properties, to secure the Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender.
Built in 2019, Nolan Main was a public-private partnership with the City of. ....

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JLL Capital Markets closes $67 million refinance for 100-unit apartment complex in Minnesota

JLL Capital Markets closes $67 million refinance for 100-unit apartment complex in Minnesota
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United States , City Of Edina , Capital Markets Debt Advisory Team , Real Estate Capital , Fannie Mae , Nolan Mains , Buhl Investors , Saturday Properties , Estate Capital , Nolan Main , Markets Debt Advisory Team , Managing Director Scott Loving , Analyst Will ,

50th & France Shake Up: Buhl Investors Takes Charge


Rendering of planned updates to the Carillon building at 50th & France, just purchased by Buhl Investors
50th & France Shakeup: Buhl Investors Takes Charge
The developers of Nolan Mains now control nearly a quarter of the commercial space at 50th & France. What will it mean for Edina’s crown jewel?
Should we just start referring to the entire 50th & France shopping district as Nolan Mains?
Buhl Investors, the firm responsible for the new development on the backside of 50th Street that is attracting popular indie boutiques and sought-after new-to-market nationals, has snapped up two other commercial buildings in downtown Edina. With the Carillon building at 3922 W. 50th St. and the Pinehurst Building anchored by Anthropologie at 4999 France Ave. S. in its portfolio, Buhl Investors now controls nearly 100,000 square feet of commercial space at 50th & France about a quarter of total space available in the retail district (aside from anchors Lunds & ....

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