United States, March 4 -- JLL Capital Markets announced that it has secured a $42.9 million bridge loan refinancing to takeout the construction loan for Risor of St. Louis Park, a 170-unit, 55+ apartment community completed in November 2023 in St. Louis Park, Minnesota.JLL worked on behalf of the borrower, Roers Companies, in arranging the 2.5-year, floating-rate refinance.Risor of St. Louis Park, located at 3510 Beltline Blvd., offers easy access to Hwy-7 and Hwy-100, just minutes from downtown Minneapolis. The community is situated in one of the most affluent suburbs in the metro, with an average household income of $150,191. Its location appeals to active adults aged 55 and up seeking high-quality suburban living with connections to majo...