Black Swan Real Estate Buys South Pointe Apartments in Minneapolis

SaleMultifamily & Mixed-useSouth Suburbs (Eagan / Burnsville / Shakopee)

Reported Oct 26, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
Black Swan Real Estate
Seller
Highland Management Group Inc. (Colliers represented seller)
Price
$15.3M
Size
142 units
Price per unit
$107,746 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
South Suburbs (Eagan / Burnsville / Shakopee)
Metro
Minneapolis-St. Paul
Reported date
Oct 26, 2026

Summary

Colliers Brokers $15.3M Sale of South Pointe Apartments in Bloomington, Minnesota. Source: REBusiness Online.

Summarized from the article; the quoted lines below are from the article itself.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Size / Buyer / Seller
    BLOOMINGTON, MINN. — Colliers has brokered the $15.3 million sale of South Pointe Apartments, a 142-unit community in Bloomington. Drew Jackson, Dan Linnell, Mox Gunderson, Adam Haydon and Devon Dvorak of Colliers represented the seller, Highland Management Group Inc., the property’s longtime owner and operator. Colliers also arranged acquisition financing on behalf of the buyer, Minnesota-based Black Swan Real Estate.
  • Deal
    Colliers Brokers $15.3M Sale of South Pointe Apartments in Bloomington, Minnesota

Article date: 2026-10-29T13:40:32+00:00

Frequently asked questions

Who bought South Pointe Apartments?
Black Swan Real Estate bought South Pointe Apartments in South Suburbs, Minneapolis, according to REBusiness Online.
How much did South Pointe Apartments sell for?
The reported price is $15.3M, per REBusiness Online.
Who sold South Pointe Apartments?
The seller was Highland Management Group Inc, per REBusiness Online.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.