Oakdale, MN
Overview
Torchlight Investors announces the closing of an $81.5 million note purchase secured by a 328-unit, newly delivered (2025), Class-A midrise multifamily property outside of the Minneapolis-St. Paul region. The collateral features a modern aesthetic and offers a comprehensive amenity package, including an outdoor swimming pool and sundeck, fitness center, yoga room, game room, co-working spaces, theater room, and three levels of structured parking. Additionally, there are two ground floor retail tenants. Located seven miles east of Downtown St. Paul, the property benefits from convenient access to major highways and public transportation.
Investment Profile
| Location | Oakdale, MN |
|---|---|
| Property Type | Multifamily |
| Loan Type | Note Purchase |
| Size | 328 Units |
Investment Amount
$81.5M
Year of Investment
2026
Disclaimer: The transactions described herein are provided for illustrative purposes only. The above are examples of recent transactions made by Torchlight on behalf of its clients, may only represent a small portion of such client’s portfolio, and are intended solely to demonstrate the types of investments and strategies pursued by Torchlight. The descriptions of the transactions represent a summary and not all material details. It should not be assumed that any investments identified were or will be profitable. There can be no assurance that future investments will be comparable in terms of structure, strategy, or results.