Sale and financing arranged for 270 Hennepin in Minneapolis
United States, Nov. 6 -- JLL Capital Markets announced today that it has arranged the sale and financing of 270 Hennepin, a newly constructed, 346-unit multi-housing community in Minneapolis, Minnesota.JLL represented the seller, a partnership between Diamond Realty Investments and Harlem Irving Companies, in the sale of the asset to Roundhouse. JLL also worked on behalf of Roundhouse to secure the seven-year acquisition loan through Freddie Mac.The transaction represents one of the largest multi-housing trades in the Twin Cities in over two years and underscores sustained investor conviction in the North Loop's exceptional fundamentals.Delivered in 2021, 270 Hennepin is a 21-story tower immediately adjacent to the Four Seasons, Whole Foods...
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