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REIT Picks Up Two Suburban Minneapolis Apartments, Bolstering Twin Cities Portfolio

IRET Buys Recently Built Complex in New Hope, Minority Interest in 241-Unit Edina Property
Ironwood Apartments in New Hope, Minnesota, was one of two apartment complexes IRET recently purchased in the Twin Cities. (CoStar)
Ironwood Apartments in New Hope, Minnesota, was one of two apartment complexes IRET recently purchased in the Twin Cities. (CoStar)
By Casey Nicoletta
CoStar Research
April 21, 2020 | 6:58 P.M.

Investors Real Estate Trust, known as IRET, has bolstered its presence in the Twin Cities by purchasing two suburban apartment complexes in separate deals totaling over $58 million.

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