JLL Capital Markets closes .7 million sale of 227-unit housing community in Minneapolis market
JLL Capital s has closed the $74.7 million sale of and the financing for Millennium Edina, a 227-unit, mid-rise multi-housing community located wit...
JLL Capital s has closed the $74.7 million sale of and the financing for Millennium Edina, a 227-unit, mid-rise multi-housing community located within suburban Minneapolis in Edina, Minnesota. JLL Capital s worked on behalf of the seller, a joint venture between Dakota Pacific Real Estate and Landmark Companies, and procured the buyer, a private investor. Additionally, JLL worked on behalf of the new owner to secure the financing. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender.