Minneapolis/St. Paul Business Journal FPA Multifamily has paid $89 million, or $204,597/unit, for Gates at Carlson Center, a 435-unit apartment property in Minnetonka, Minn. The San Francisco investment manager purchased the property from a trust managed by DWS Group, which was represented by CBRE. The property, at 300 Carlson Parkway, was built in 1990 and […]

The post FPA Multifamily Pays $89Mln for 435-Unit Apartment Property in Minnetonka, Minn. appeared first on Commercial Real Estate Direct.