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Twin Cities' Second-Priciest Multifamily Deal of Year Shows Strength of Suburbs

Utah Buyer Pays Top Dollar for Luxury Apartments in Golden Valley
Continental Property Group built Hello Apartments on the site of a former car dealership in Golden Valley, which sits just northeast of the cloverleaf connecting U.S. Highway 169 with Olson Memorial Highway. (CoStar)
Continental Property Group built Hello Apartments on the site of a former car dealership in Golden Valley, which sits just northeast of the cloverleaf connecting U.S. Highway 169 with Olson Memorial Highway. (CoStar)
By Clare Kennedy
CoStar News
June 22, 2021 | 1:45 P.M.

A local developer has landed $44.7 million for an upscale Golden Valley, Minnesota, apartment complex, in what is the second-largest multifamily sale in the Twin Cities this year by total dollar amount.

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