The Colliers Minneapolis-St. Paul Capital Markets|multifamily investments team represented Continental Property Group in its disposition of Hello Apartments in Golden Valley, Minnesota.
Utah-based Peak Capital Partners acquired the property for $44.72 million.
Hello Apartments is a 172-unit Class-A building built in 2017. The property includes a rooftop deck with a pool and volleyball court. Located at the Highway-55 and -169 connection, Hello Apartments offers easy access to the Twin Cities metropolitan area.
The Colliers MSP|multifamily investments team is made up of senior executive vice president Ted Bickel, executive vice president Jeff Budish, senior real estate analyst Lauren Panzer and senior property marketing strategist Lacey O’Connor.