Local Group Pays $41M for Eagan Apartment Complex

Source:  Business Journals

Condor Corp. paid $41 million last week for a 281-unit apartment complex in Eagan. The deal was the second largest apartment sale in the Twin Cities this year, according to a press release from CBRE Group. CBRE Group brokered the sale on behalf of the seller, Hartford, Conn.-based Cornerstone Real Estate Advisers, which acquired the 1997-built property in 2005 for $43.43 million. Keith Collins, Abe Appert and Laura Hanneman represented the seller in the deal. Eagan-based Condor owns and ...

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