Kentaurus Capital Acquires 48-Unit Twin Cities Apartment Property
Colliers brokered the sale of Kestrel Village Apartments, a 48-unit community located at 16650 Brunswick Ave SE, Prior Lake, Minnesota.
The sale was led by the Colliers team of Executive Vice Presidents Dan Linnell, Mox Gunderson, and Adam Haydon, as well as Associate Vice President Devon Dvorak and Associate Drew Jackson, who represented the seller, TE Miller Development. ”It was great to be involved in the full lifecycle of this asset after our team first sold the property in 2015,” said Dvorak.
Kestrel Village features 33 two-bedroom and 15 three-bedroom units and offers a range of resident-focused amenities. The property is surrounded by dining, entertainment, and outdoor options, and offers convenient access to nearby parks and the Upper and Lower Prior lakes. The community was acquired by Kentaurus Capital, a Twin Cities-based investment firm focused on the strategic acquisition and management of multifamily assets.
Join us on Tuesday afternoon, June 2, 2026, at the Connect Midwest Multifamily Trends Conference as JDL Founder, Jim Leitchinger, is honored with the Changing Skyline Award, followed by an exclusive Keynote Interview. This is a rare opportunity to hear firsthand insights from one of the region’s most influential visionaries in multifamily development.
Other News
RK Investors Lands $81M Construction Loan for 299-Unit Charlotte Rental Community
An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
Learn more
Pasadena Offices Sell for Residential Conversion
NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...
Learn more
Berkadia Negotiates Student Housing Property Sale in Kansas
Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout