[New post] Rochester, Minn., Apartment Property Sells for $34Mln

Dan Moynihan posted: "Regency Multi-Family has paid $34 million, or about $213,836/unit, for Red44, a 159-unit apartment property in Rochester, Minn. The Champaign, Ill., investment firm purchased the property from a venture of Roers Investments, Reuter Walton Development a" New post on Commercial Real Estate Direct Rochester, Minn., Apartment Property Sells for $34Mln by Dan Moynihan Regency Multi-Family has paid $34 million, or about $213,836/unit, for Red44, a 159-unit apartment property in Rochester, Minn. The Champaign, Ill., investment firm purchased the property from a venture of Roers Investments, Reuter Walton Development and North Bay Cos., which was represented by JLL Capital Markets. The property, at 839 16th St. SW, was built […] Read more of this post Dan Moynihan | September 27, 2021 at 3:39 pm | Categories: General News | URL: https://wp.me/pcdE10-2iQD Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/09/27/rochester-minn-apartment-property-sells-for-34mln/