June 2018

CarVal Completes Minneapolis Multifamily Mezzanine Financing

United States - Minnesota

An investment fund managed by CarVal Investors, LLC made two cross defaulted mezzanine loans in the total amount of approximately $23 million, secured by pledges of ownership interests in companies that own newly-constructed multifamily projects in Minneapolis, Minnesota. Faegre Baker Daniels represented the investment fund in the financing transactions.  

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