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Apartment Investor Pays Premium for Active Adult Rental Property in Minneapolis

Age-Restricted Apartments Grow in Demand Amid Graying Population
The Estates at Arbor Oaks is a 66-unit active adult community in Minneapolis. (CoStar)
The Estates at Arbor Oaks is a 66-unit active adult community in Minneapolis. (CoStar)
CoStar News
February 4, 2021 | 9:56 P.M.

A multifamily investment firm has acquired an active adult multifamily complex in Minneapolis in a sign of increasing interest in real estate oriented toward the United States’ aging population.

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News | Apartment Investor Pays Premium for Active Adult Rental Property in Minneapolis