Hinge Closes Real Estate Sale in Minneapolis Market
Hinge is pleased to announce the sale of a net leased center in metro Minneapolis that was sold to a California investor in a 1031 exchange. Our client, the developer of the early childhood education building, had constructed several pre-schools in the Minneapolis market over the years but was dissatisfied with the pricing achieved by the local real estate brokerage community on their previous sales transactions. By teaming up with Hinge, we were able to educate the buyer universe on the strengths of such investments--advising buyers on the proper methods of underwriting and understanding the early childhood education market, how to analyze the demographics, and how to evaluate the strengths of the facility and the operator.
Hinge galvanized the marketing process, and increased the pricing of the asset beyond the developer’s original expectations.
For more information or to learn more about how Hinge can support your buying or selling needs, please contact a member of the Hinge team at firstname.lastname@example.org