Bloomington

JLL closes $16.45 million sale of 105-unit multifamily property in Minnesota

JLL Capital Markets closed the $16.45 million sale of Normandale Lake Estates, a 105-unit multifamily property in Bloomington, Minnesota. JLL worked on behalf of the…

Minnesota’s Bridgewater Bank adds SVP of commercial lending

Bloomington, Minnesota-based Bridgewater Bank has added Nick Richardson to its team as senior vice president of commercial lending. Richardson has more than 20 years of…

33-year industry veteran joins Minnesota’s NAI Legacy

Craig Patterson, a 33-year industry veteran, joined the Bloomington, Minnesota, office of NAI Legacy. Patterson will focus on pushing forward select development (build-to-suits), land acquisition…

Midwest Commercial Real Estate Hall of Fame Class 2020: Cushman & Wakefield’s Wendy Aaserud

Each year, Midwest Real Estate News inducts a new class in its Commercial Real Estate Hall of Fame. Last year -- despite the challenges it…

Colliers Mortgage closes $11 million refi loan for seniors housing in Minnesota

The Minneapolis office of Colliers Mortgage, part of Colliers International|U.S., recently closed an $11 million HUD 223(a)(7) loan for the refinancing of Realife Cooperative of…

Hanley Investment Group sells three retail properties in Indiana

Hanley Investment Group Real Estate Advisors has completed the sale of three multi-tenant retail properties in the Indianapolis metro area for a total consideration of…

Minnesota’s NAI Legacy debuts Private Client Program

Bloomington, Minnesota-based NAI Legacy has formally launched it Private Client Program, designed to provide tax-incentivized and tax-deferred real estate solutions to individual investors and family…

Associated Bank closes $29 million loan for senior living community in Minnesota

Associated Bank closed a $29 million construction loan to United Properties for the development of a 133-unit senior living community in Bloomington, Minnesota. The project…

CBRE closes sale of 386,000-square-foot warehouse near Minneapolis

CBRE recently arranged the sale of a 386,000-square-foot distribution center at 5501 West Old Shakopee Road in Bloomington to Onward Investors, a Minnesota-based national commercial…

United Properties starts construction on 133-unit independent-living facility in Bloomington

United Properties has broken ground on ThePOINTE Bloomington, a 55-plus independent living rental community at 5601 American Blvd. W. in Bloomington, Minnesota. ThePOINTE Bloomington will…

Bloomington

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