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Greystar expands Twin Cities footprint with Maple Grove buy

Suburban Minneapolis 264-unit multifamily property trades hands
The three-building apartment complex in suburban Minneapolis was 95.5% occupied at the time of sale. (CoStar)
The three-building apartment complex in suburban Minneapolis was 95.5% occupied at the time of sale. (CoStar)
By Jack Quinn with
CoStar Research
May 1, 2026 | 9:40 P.M.

Greystar Real Estate Partners acquired a 264-unit apartment complex in Maple Grove, Minnesota, from Dunbar Development for $53 million, or about $200,758 per unit.

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