Associated Bank Provides $67.5M Loan For Maple Grove Development Site

A development site located at 15400 105th Avenue North in Maple Grove, MN has been involved in a recent transaction. The property, situated in a prime market, was the subject of a loan. The lender, Associated Bank, provided a loan amounting to $67,534,926. The loan was secured for the development of the site.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $67,534,926
• Lender: Associated Bank - Edward “Ted” Notz
• Landlord: Greystar
• Address: 15400 105th Avenue North, Maple Grove, MN

Edward “Ted” Notz, representing Associated Bank, played a significant role in facilitating the loan for the development site. The loan amount will support the future development plans for the property, opening up opportunities for growth and expansion in the Maple Grove market. Greystar, the landlord, will benefit from the financing to enhance the site's potential.