11.26.12 | Tags: Apartments, Aquisition, Commercial, Constuction, Development, Finance, Leasing, Lofts, Minneapolis, Minnesota, Sherman Associates, St. Paul, Tax Credit
Sherman Associates closes on West Side Flats in St. Paul after 8 years
Sherman Associates, Inc.Sherman Associates closed on financing for a 178 unit multifamily development named West Side Flats the week of November 19th. Construction will commence immediately with initial occupancy scheduled for the winter of 2014. Eight years in the making, this development will help meet the strong demand for more market rate rental opportunities in St. Paul, MN.
MinnPost: Minnesota tax credits give a financial boost to film producers, historic preservationists … and big insurance companies
President Chris Sherman explains the utilization of tax credits for Sher [...]