DSI Transactions

June 2, 2015 Central Park West – $7.79MM JV Equity Investment and $7.65MM of Preferred Equity

Central Park West is a 199 unit, Class A, multifamily development in St. Louis Park, Minnesota.

DSI's co-investment of $7,650,000 funded in May 2015 along with $7,789,595 of preferred equity, for a total equity investment of $15,439,595 .

 

Highlights:

  • Desirable infill location adjacent to The Shops at West End and minutes away from Downtown Minneapolis
  • Sponsor is a fully integrated multifamily development company with over 1,750 multifamily units developed throughout the United States
  • 2nd multifamily JV between DSI and the Sponsor