St. Louis Park-base METIS Development Group has acquired Maple Pond Homes, a 168-unit affordable housing property at 1816-1854 Beebe Road in Maplewood, positioning it for a major renovation. (Submitted photo: CoStar)

Just Sold: Maplewood, Coon Rapids apartments set for renovations

METIS Development Group, an affordable housing developer and owner, has closed on two acquisitions.