Very strong and communicative team that provides outside the box thinking, while also listening to our suggestions and any concerns.
A partner to maximize value creation.
Mortenson is a sponsor and co-investor that is aligned to its capital partners' objectives. With over $1 billion of debt and equity raised, Mortenson has proven its ability to achieve financial close through tenacity and innovative financial structures. As a developer and builder with a robust balance sheet and track record, Mortenson brings that same approach from project inception to successful disposition. This integrated approach results in unparalleled certainty of execution and compelling risk-adjusted returns. Mortenson's typical transaction size ranges from $30 million to $500 million.
OFFICE
The Beam on Farmer
202k sf Class-A Office located in downtown Tempe, AZ
Financing Structure: 60% LTC bank loan, 40% equity (90/10 structure with JV Partner)
MEDICAL OFFICE
Reed's Crossing Wellness Center
100k sf Class-A Medical Office building located in Hillsboro, OR
Financing Structure: 65% LTC bank loan, 35% equity (90/10 structure with JV Partner)
MULTIFAMILY
AMLI Arc
41 story 393-unit luxury apartment tower located in Seattle, WA
Financing Structure: 100% equity (100% raised by MDI)
INDUSTRIAL
Crown Iron Works
70k sf Industrial facility located in Blaine, MN
Financing Structure: 78% LTC bank loan, 22% equity
LIFE SCIENCE
One Discovery Square
81k sf state-of-the-art Life Sciences building located in Rochester, MN
Financing Structure: 66% LTC bank loan, 14% TIF financing, 20% equity
HOSPITALITY
JW Marriott
$252M mixed-use project located at the Mall of America including hotel, retail and parking
Financing Structure: Ground Lease, 100% equity funding (MDI raised)
Questions about making your project a reality?
Need help with your site or creative financing? Or do you prefer a partner who can take full Develop-Design-Build responsibility until the moment the project is turned over? Our Real Estate Development team is ready for action.
700 MEADOW LANE NORTH, MINNEAPOLIS, MN 55422 | 763.287.5I28