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JLL Facilitates Trade of Twin Cities Apartment Complex
Summary by Connect CRE
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1 Articles
JLL Facilitates Trade of Twin Cities Apartment Complex
JLL has arranged the sale of Lyra at Riverdale Station, a luxury 180-unit multifamily community in the Twin Cities’ north suburbs of Coon Rapids, Minnesota. JLL represented the seller in the transaction and procured the buyer, MLG Capital. Acquisition financing was secured by assuming the property’s existing HUD loan, which was placed and is serviced by JLL. JLL Capital Market’s Investment Sales and Advisory team was led by Managing Director Jos…
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