Sprawling condo complex seeks ‘last resort financing’ through city (MN)

The homeowners association of Ridgeview Condominiums in Burnsville is seeking city financing to fund an estimated $12 million to $16 million in badly needed rehabilitation.  Two banks have rejected loan applications from the sprawling, 402-unit complex built in the 1970s and prominently located west of Nicollet Avenue and south of Burnsville Parkway.    Read the entire article……………………………….

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