BELLINGS

$76M in Capital Secured by JLL for Minneapolis MF Development

JLL has secured $76.25 million in financing for Thompson Oaks, a 291-unit multi-housing development along the Robert Street corridor in West St. Paul, Minnesota. JLL represented the sponsor, Greco and Swervo Management, in facilitating the $63 million, four-year, floating-rate…

JLL has secured $76.25 million in financing for Thompson Oaks, a 291-unit multi-housing development along the Robert Street corridor in West St. Paul, Minnesota. JLL represented the sponsor, Greco and Swervo Management, in facilitating the $63 million, four-year, floating-rate…

BELLINGS Intelligence Score: 10

Why it matters

This is a routine commercial real estate financing transaction for a multi-family development with no novel structure or systemic impact.

Sources

  • Connect CRE

    $76M in Capital Secured by JLL for Minneapolis MF Development

    JLL has secured $76.25 million in financing for Thompson Oaks, a 291-unit multi-housing development along the Robert Street corridor in West St. Paul, Minnesota. JLL represented the sponsor, Greco and Swervo Management, in facilitating the $63 million, four-year, floating-rate…