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MinnesotaCRE

Oak Grove Capital provides $72.8 million worth of financing to multi-family facilities in Iowa, Minnesota

Staff Writer April 5, 2017
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Oak Grove Capital between Feb. 22 and Feb. 28 originated a total of $109.4 million in financing for affordable, market-rate and seniors housing across the United States. The 11 loans range from $23 million to $2 million, with $72.8 million of the financing for facilities in the Midwest.

Midwest multi-family complexes funded by Oak Grove Capital during this time include: St. Anthony Mills Apartments in Minneapolis; Villas Plus at Rosaland in Savage, Minn.; Chaska Place Apartments in Chaska, Minn; The Highlands in St. Cloud, Minn.; Timberland Springs in Urbandale, Iowa; Summit Place Senior Apartments and Summit Place Assisted Living in Eden Prairie, Minn.; and ElderCare of Bemidji Supplemental in Bemidji, Minn.

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