MINNEAPOLIS-An insurance company owned by labor unions has provided a $20-million financing to help construct the 354-unit apartment tower coming up in Minneapolis' Loring Park neighborhood. According to Finance & Commerce, Ullico (Union Labor Life Insurance Co.) has extended its support to the Loring Park apartment project.
Work started on the residential tower last month. Chicago-based Magellan Development Group is the developer of the Loring Park apartment tower. For the full story, go to Minneapolis/St. Paul Business Journal .
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