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MINNEAPOLIS—CalveraPartners recently acquired Grant Street Commons,an 85-unit apartment building located at 515 E. Grant St. indowntown Minneapolis' Elliot Park neighborhood. The $11.375 milliondeal is the first in San Francisco-based Calvera's nationalexpansion, and a sign that Minneapolis has become one of the go-tolocations for investors interested in emerging urban markets.

The city has a booming office market, and young renters,many in the tech industry, have flocked toneighborhoods adjacent to the downtown.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.


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