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Sprawling Suburban Apartment Complex in Minnetonka Sells for Top Dollar

Deal Is Third Minnesota Multifamily Property To Sell for More Than $100 Million in Two Months
Greystar renamed an apartment complex long known as The Cliffs after buying it for $126 million. (CoStar)
Greystar renamed an apartment complex long known as The Cliffs after buying it for $126 million. (CoStar)
By Clare Kennedy
CoStar News
May 4, 2022 | 9:41 P.M.

One of the biggest players in multifamily real estate has paid $126 million for The Cliffs, a long-held apartment complex in Minnetonka, an affluent suburb about 15 miles west of Minneapolis.

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