Minneapolis skyline (Source: Shutterstock). Minneapolis skyline (Source: Shutterstock).

Five Minnesota credit unions have lent $31 million to a New York developer who bought a prominent 17-story office building in the Minneapolis area last summer.

TopLine Financial Credit Union in Maple Grove, Minn. ($675 million in assets, 47,476 members as of June 30) is listed in Hennepin County records as providing a $31 million leasehold mortgage to the buyer of the property at 8400 Normandale Lake Blvd. in Bloomington, Minn.

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Jim DuPlessis

A journalist for decades.

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