JLL Capital Markets handles the sale and secures financing for the 480-home multi-housing complex in Brooklyn Park, Minnesota
News release
08 January 2025
Sale and financing arranged for premier Twin Cities multi asset 610 West Apartments
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 111,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About The Doran Group
The Doran Group, a multigenerational real estate company founded by Kelly Doran and now led by Evan Doran, is one of the most prolific developers in the Twin Cities. Recognized for developing exclusive luxury apartment communities, retail centers and high-end student housing, the company operates as a fully integrated real estate development firm with a commitment to delivering best-in-class developments and services. The Doran Group's long-term approach to community development, focus on quality and strong partnerships with investors and cities have established it as a trusted name in the industry.
About Spyglass Capital Partners
Spyglass Capital Partners is a niche private equity firm specializing in value-add multifamily investments, having acquired 20 properties totaling more than $1 billion in asset value. The firm targets stable properties in areas with favorable demographics, focusing on strategic operational improvements and modest repairs to produce higher risk-adjusted returns. With a disciplined approach to acquisitions, relentless focus on asset management and a successful track record of harvesting gains, Spyglass has demonstrated its commitment to delivering exceptional results for its partners while maintaining a selective and hands-on investment strategy.