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Sherman Associates Closes $136M Financing for Rochester MF Project

Sherman Associates announced the financial closing on a multifamily development in downtown Rochester, Minnesota. The mixed-income development will bring 349 new homes to downtown Rochester along the

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Summary

Sherman Associates announced the financial closing on a multifamily development in downtown Rochester, Minnesota.

The mixed-income development will bring 349 new homes to downtown Rochester along the Zumbro River and adjacent to the Mayo Clinic campus.

Located at 217 East Center Street, the project is the result of a public-private partnership with Sherman Associates, the...

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