Month: June 2017

MINNEAPOLIS—Calvera Partners recently acquired Grant Street Commons, an 85-unit apartment building located at 515 E. Grant St. in downtown Minneapolis’ Elliot Park neighborhood. The $11.375 million deal is the first in San Francisco-based Calvera’s national expansion, and a sign that Minneapolis has become one of the go-to locations for investors interested in emerging urban markets. The city…

Among apartment investors, it’s no secret that the Twin Cities is one of the healthiest markets in the nation. Rents are on the rise, vacancy rates are below average and the economy is humming. Those attractions lured Calvera Partners, a California-based private real estate investment firm, to launch its national expansion in the Twin Cities.…