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JLL closes $59 million sale of 269-unit multifamily community in Minnesota

JLL closes $59 million sale of 269-unit multifamily community in Minnesota
rejournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rejournals.com Daily Mail and Mail on Sunday newspapers.

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Jones Lang LaSalle Incorporated : New multi-housing community near Minneapolis sells for $59M

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MINNEAPOLIS, July 22, 2021 -JLL Capital Markets announced today that it has closed the $59 million sale of and arranged $44.25 million in acquisition financing for The Cielo Apartments, a 269-unit, multi-housing community in the Minneapolis suburb of Fridley, Minnesota.
JLL marketed the property on behalf of the seller, Trident Development. Peak Capital Partners acquired the property. Additionally, JLL worked on behalf of the new owner to secure the seven-year loan through Freddie Mac. The loan will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo℠ lender.
The Cielo Apartments comprises studio, one-, two- and three-bedroom units ranging from 586 to 1,345 square feet. The apartments feature granite or quartz countertops, modern appliances, undermount sinks and kitchen islands. The community amenities include a fitness center, game room, community room and lounges, study area and media rooms, walking paths, gri ....

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JLL Capital Markets closes $17 million sale of multi-housing portfolio in St. Paul

JLL Capital Markets closes $17 million sale of multi-housing portfolio in St. Paul
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United States , Cathedral Hill , Mox Gunderson , Adam Haydon , Josh Talberg , Dan Linnell , Skip Thaler , Summit Hill , Merriam Park , Senior Directors Dan Linnell , Director Adam , ஒன்றுபட்டது மாநிலங்களில் , கதீட்ரல் மலை , மாக்ஸ் குண்டர்சன் , ஆடம் ஹைடன் , டான் லின்னெல் , உச்சிமாநாடு மலை , மெரீயம் பூங்கா , மூத்தவர் இயக்குநர்கள் டான் லின்னெல் , இயக்குனர் பண்படாமனித இயல்பு ,

JLL Capital Markets Announces $30 Million Sale of 117-Unit Lake Jonathan Flats Luxury Apartments in Minneapolis Submarket

MINNEAPOLIS, MN - JLL Capital Markets announced today it has closed the $30 million sale for Lake Jonathan Flats, a multi-housing property totaling 117 units and located in Chaska, Minnesota, about 25 minutes southwest of Minneapolis.
JLL worked on behalf of the seller, Trident Development, to complete the sale to Ridgebrook Investments. JLL also worked on behalf of Ridgebrook Investments to secure a fixed rate loan through Bridgewater Bank.
The newly-constructed Lake Jonathan Flats feature studio, one- and two-bedroom floorplans with open concepts, modern kitchens, granite countertops, stainless steel appliances, custom cabinetry and private balconies. Community amenities include a fitness center, rooftop bar and coffee bar area. ....

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JLL Capital Markets Fetches $230,000 Per Unit for Sale of 38-Unit Regency Hill Apartments in Minneapolis-Saint Paul Metropolitan Area

JLL Capital Markets Fetches $230,000 Per Unit for Sale of 38-Unit Regency Hill Apartments in Minneapolis-Saint Paul Metropolitan Area
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