JLL Brokers $65.1M Sale of Apartment Community in Woodbury, Minnesota

Past Residences was in-built 2021.

WOODBURY, MINN. — JLL Capital Markets has brokered the $65.1 million sale of Past Residences in Woodbury, a suburb of the Twin Cities. In-built 2021, the 255-unit residence neighborhood options studios, one-, two- and three-bedroom models. Facilities embrace a sky lounge patio, pet wash, coworking lounge, health heart, golf simulator and underground parking. Mox Gunderson, Dan Linnell, Josh Talberg and Adam Haydon of JLL represented the vendor, Roers Cos. Associates of MLG Capital bought the asset. Scott Streiff and Brock Yaffe of JLL originated a 10-year Fannie Mae mortgage for the acquisition.

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