Minnesota

MAPLEWOOD, MINN. — Dadder’s Estates LLC has acquired $2.7 million sale of Van Dyke Village Townhomes, a 20-unit community located at 2191 Van Dyke St. in Maplewood, eight miles northeast of St. Paul, Minnesota. Built in 2004, Van Dyke Village Townhomes is situated on 3.6 acres. The complex offers two- and three-bedroom units with attached garages. Evan Miller, Chris Collins, Eric Wagner and Matthew Shide of Marcus & Millichap represented the seller and original developer, Van Dyke Street Homes LP, in the transaction. Additionally, Miller and Collins procured the buyer.

GOLDEN VALLEY, MINN. — Chaska, Minnesota-based The Goodman Group has bought The Liberty, a 242-unit asset in Golden Valley, roughly seven miles west of Minneapolis. An entity related to the Schachtman family sold the property for $59.5 million. Abe Roberts of Marcus and Marcus & Millichap’s Minneapolis office represented the seller and procured the buyer. Completed in 2017, The Liberty offers 55 townhomes and 187 apartments. Units range from 568 square feet to 1,536 square feet and include full size washers and dryers, stainless-steel appliances and balconies. The community also …

EDEN PRAIRIE, MINN. — FPA Multifamily has purchased Cascade at Town Center, a 204-unit community in Eden Prairie, 18 miles southwest of Minneapolis. The community was bult in 2001 with 18 additional apartments added in 2018. The average unit size is 1,158 square feet. Amenities include a gym, clubroom, indoor pool, courtyard and garage parking. Josh Talberg, Joseph Peris and Mark Stern of JLL represented both the seller, a joint venture between Harbert Management and Magellan Investment Partners, and the buyer. Elliott Throne and Scott Loving of JLL originated acquisition …

MINNEAPOLIS — A joint venture consisting of Mortenson, The Excelsior Group and an institutional partner has sold Rafter Apartments, a 26-story high-rise community located at 333 East Hennepin Ave. in the Northeast neighborhood of Minneapolis. Boise, Idaho-based developer and operator Roundhouse acquired the property for an undisclosed price. Completed in 2019, Rafter Apartments offers a mix of studios, one-, two- and three-bedroom units. Amenities include a rooftop pool with a sundeck, fitness center, clubroom, coworking spaces. The property also features a maker’s room with work benches, community tools and tool …

WOODBURY, MINN. — Habitat has acquired Seasons Villas, a multifamily community with 214 townhome-style rental units in the Twin Cities suburb of Woodbury. The purchase price was undisclosed. Seasons Villas features 47 single-story units and 167 two-story units. Floor plans span 960 to 1,160 square feet. Habitat also assumed management of the property. In addition to performing routine asset preservation and maintenance improvements, Habitat plans to enhance the pet-friendly community with the addition of a dog park. The seller was Boston Capital Group, and Willow Bridge Property Co. previously managed …

ST. ANTHONY, MINN. ­— A partnership between ARTISAN Capital Group and Eastham Capital has purchased Equinox Apartments, a 266-unit property in St. Anthony, about 5 miles north of Minneapolis. Fannie Mae provided an undisclosed amount of financing for the acquisition. Built in 1974 on 17.5 acres, Equinox Apartments features a mix of 151 one-bedroom and 115 two-bedroom apartments. Each unit includes a walk-in closet and patio or deck. Amenities include a clubhouse with entertainment space, indoor and outdoor pools, a fitness center, grilling area, dog park, playground and detached parking …