Mesa West Capital Provides $85M Acquisition Loan for Multifamily Property in Suburban Minneapolis

by Kristin Harlow

BLOOMINGTON, MINN. — Mesa West Capital has provided an $85 million loan for the acquisition of Hampshire Hill, a 534-unit multifamily property in the Minneapolis suburb of Bloomington. Located at 10660 Hampshire Ave., the community was 96 percent occupied at the time of loan closing. The property was built in 1987 and partially renovated in 2019. Murray Kornberg of Colliers arranged the loan on behalf of the borrower, Minneapolis-based multifamily investment firm Bader Diamond Funds.

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