Granite Towers Equity Group purchased a 294-unit multifamily portfolio in the Minneapolis area for $67.6 million, or approximately $230,000 per unit.
Pair of Twin Cities multifamily properties trade hands for $67.6 million
Texas-based Granite Towers Equity Group acquired a total of 294 apartment units in the Minneapolis area in two deals from the same seller
By Alex Collie with
September 28, 2025 | 7:13 P.M.
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IN THIS ARTICLE
- Properties
- Waterstone Place
9700 Waterstone Pl, Minnetonka, MN
- Chaska Place Apartments
325 Engler Blvd, Chaska, MN
- Companies
- Bader Companies
Real Estate
- Contacts
- Ted Abramson
Senior Vice President, CBRE
- Keith Collins
Executive Vice President, CBRE
- Abe Appert
Executive Vice President, CBRE