Reported Oct 30, 2026 · Source: Finance & Commerce
A local investment group purchased Parkway Gardens, a 160-unit affordable senior apartment community at 1145 Hudson Road in St. Paul, for $13 million. The seller was CAPREIT. Source: Finance & Commerce.
Summarized from the article; the quoted lines below are from the article itself.
Read the full report at Finance & Commerce. What the article says:
Quantum Acquisitions bought Blaine’s Rainbow Village retail center as The Picklr bankruptcy reshapes pickleball plans. Investors acquired Parkway Gardens senior housing in St. Paul.
Local investment group purchased 160-unit Parkway Gardens for $13 million.
Place: Parkway Gardens, 1145 Hudson Road, St. Paul Price: $13 million Buyer: N/A Seller: CAPREIT, Rockville, Maryland Date: N/A RELATED: Just Sold: Pickleball promoter buys Blaine center First Washington buys Blaine retail for $45.8M CAPREIT buys third metro senior project in 2 years
Price: $7,300,000; $1,825,000 down payment; new mortgage Buyer: Quantum Acquisitions LLC, Blaine Seller: 405 87th LLC, Edina Date: 10-15-26 Download CRV Local real estate veterans have paid $13 million for Parkway Gardens, a 160-unit affordable senior apartment community at 1145 Hudson Road in St. Paul. (Submitted photo: Michel Commercial) – Parkway Gardens senior apartments draw $13M A year ago an East Coast equity partner decided to exit its investment in Parkway Gardens, a 160-unit affordable senior apartment community in St. Paul.
Article date: 2026-10-30T18:18:39+00:00
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