Construction Loans in Minneapolis, MN

The Twin Cities metro is the Midwest's second-largest commercial real estate market, anchored by 16 Fortune 500 company headquarters, a diversified economy spanning healthcare, finance, and technology, and a highly educated workforce. The market features strong industrial fundamentals and stable multifamily demand.

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Construction Financing for Minneapolis Commercial Properties

CLS CRE provides construction loans for commercial real estate investors in the Minneapolis-St. Paul-Bloomington market. With access to 1,000+ lender relationships nationwide, we source the most competitive terms available for Minneapolis properties.

Loan Amount
$1M - $100M+
Term
12 - 36 Months
Rates
6.79% - 13.04%
Ltc
Up to 80% LTC
Structure
Interest-Only, Progressive Draws
Recourse
Recourse Typical, Non-Recourse Available

Construction Deals Near Minneapolis

Selected construction transactions in and around the Minneapolis-St. Paul-Bloomington market.

125-Unit Ground Up - Seattle, WA
Construction
$60,000,000
125-Unit Ground Up
Seattle, WA
Ground-up construction financing for a 125-unit luxury apartment development in Seattle's booming residential market.
Single Tenant Net Lease - Fairfield, CA
Construction
$43,900,000
Single Tenant Net Lease
Fairfield, CA
Build-to-suit construction for a national credit tenant in Fairfield, combining development returns with investment-grade lease security.
Single Tenant Net Lease - Inglewood, CA
Construction
$43,400,000
Single Tenant Net Lease
Inglewood, CA
Major build-to-suit construction near SoFi Stadium in Inglewood, one of LA's most dynamic development corridors.

Property Types in Minneapolis

Explore financing by property type in the Minneapolis-St. Paul-Bloomington market.

Construction Loans in Other Cities

Construction Loans in Minneapolis FAQ

The best commercial lenders in Minneapolis depend on your property type and loan needs. CLS CRE works with 1,000+ banks, life insurance companies, debt funds, CMBS conduits, and agency lenders to find the most competitive construction loans financing for your Minneapolis property. Contact us for a customized lender recommendation.
Current construction loans rates in Minneapolis range from 5.34% to 8.25%, depending on the lender, property type, and borrower qualifications. Rates in the Minneapolis-St. Paul-Bloomington market are influenced by local market conditions, property quality, and competition among lenders.
Commercial loan closings in Minneapolis typically take 45-90 days for permanent financing and 2-4 weeks for bridge loans. Timelines depend on the lender type, property complexity, and local requirements such as environmental reviews and appraisal turnaround times.
Not necessarily. While local banks and credit unions in Minneapolis offer relationship-based lending, national lenders (life companies, CMBS, agency) often provide more competitive rates and terms. CLS CRE sources capital from both local and national lenders to find the best fit.
In the Minneapolis-St. Paul-Bloomington market, the most financeable property types currently include multifamily apartments, industrial warehouses, and well-tenanted retail — all driven by strong local demand and favorable lender appetite. Contact CLS CRE for a market-specific financing assessment.

Get Construction Financing in Minneapolis

Contact CLS CRE for a free, no-obligation construction loan quote for your Minneapolis commercial property.

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Or call us: 310.758.4042