It's the latest in a series of deals for older rental properties in the Twin Cities. Insurer New York Life's real estate division has acquired the 490-unit Fountain Place Apartments complex in Eden ...

A California-based real estate investor has paid nearly $85 million for the Eden Place Apartments, a 30-year-old, 508-unit complex near the Eden Prairie Center regional mall. The buyer is FPACP3 Eden ...

MINNEAPOLIS—The value of many premier properties in the region have increased, and investors have started looking for value-add opportunities. MINNEAPOLIS—New York Life Real Estate Investors has just ...

The 490-unit Fountain Place Apartments complex in Eden Prairie on Wednesday became the latest aging multifamily property in the Twin Cities to lure an out-of-state investor with upgrade plans. A real ...