FOR IMMEDIATE RELEASE
Minneapolis, Minn. — SaverNotes is pleased to announce that we have invested in an acquisition redevelopment of a retail/commercial three acre site located in St. Cloud, MN with 43,000 square feet of new retail.
Minneapolis-based Founder and Chief Manager Dave Rasmussen represented SaverNotes in the transaction.
“The developer sought some additional equity investors to acquire and redevelop a bank building and add a free standing retail building. The redevelopment includes bringing a new tenant and a new look to the center. Total acquisition and redevelopment costs will be approximately $9 million. Total costs for the development include acquisition, tenant improvements, site improvements, leasing commissions and closing costs,” stated Rasmussen.
The co-investment with the developer provides a great return for SaverNotes and its investors.
Headquartered in Eden Prairie, MN., SaveNotes, LLC provides a unique alternative to stocks, bonds and CD’s by providing fixed income with high return, while remaining easy to invest.
SaverNotes pays interest to its investors based on a variety of available investment amounts and maturity dates. SaverNotes have no fees or expenses and are available for any Minnesota investor. Current rates range from 3.00% to 6.00% based on terms of two to five years. Investors can also invest through their IRA account.
Regular | $2,000 + |
IRA | $25,000 + |
Term | Interest Rate |
2 Year | 3.00% |
3 Year | 4.00% |
5 Year | 6.00% |
Learn about how this investment fund was made possible through our investment partnerships and our experienced legal, wealth management, banking and accounting advisors at www.SaverNotes.com.