Minneapolis, MN
ACRES Provides $19.2M Construction Loan for Luxury Apartment Development in Minneapolis
MINNEAPOLIS — ACRES Capital Corp. has supplied a $19.2 million mortgage for the development of Sawyer & Huck in Minneapolis. The condo improvement will home 83 luxurious items and 47 onsite coated parking areas. Facilities will embrace a health heart, roof deck and bike storage. The mission will likely be located within the historic St. Anthony West space, which lies on the east financial institution of the Mississippi River. Drew Miller of ACRES originated the mortgage on behalf of the borrower, Denver-based Charles Avenue Improvement Co.