Minnesota

Zumper’s year-end report: Interest rates, recession worries weighing down renters

Worried consumers. That's what Zumper's Annual Rent Report for 2022 uncovered. The renters whom Zumper surveyed for its end-of-the-year report agreed that the U.S. economy…

Tech industry struggles another blow to weary office sector

Another challenge for the U.S. office sector? Tech companies, which for so many years remained in constant expansion mode, are finally beginning to reduce their…

Minneapolis’ Forte Real Estate Partners hires VP of property management

Minneapolis' Forte Real Estate Partners, LLC has hired Jan Murphy as vice president of property management. Murphy brings more than 15 years of property management…

Origin Investments’ multifamily predictions: Recession by October, negative rent growth and growing distress

Origin Investments predicts that 2023 will include a moderate economic recession by October, negative annual rent growth of 1% to 5% in the apartment sector…

For the love of those furry companions: How buying veterinary real estate has boosted the bottom line of one CRE firm

Finding the right niche matters in commercial real estate. And Terravet Real Estate Solutions has found one: The Bala Cynwyd, Pennsylvania-based firm buys, leases and…

Grandbridge closes $14.75 million refinance loan for apartment community in Twin Cities market

Minneapolis-based Senior Vice President Tony Carlson and Analyst Will Perry with Grandbridge Real Estate Capital recently closed a $14.75 million permanent refinance loan secured by…

The long fight to boost diversity in the commercial construction industry

Just 14%. That's the percentage of U.S. construction workers who are women, according to research conducted by the Washington Post in August of this year.

Davis purchases 42,467-square-foot medical office building in St. Paul suburb

Minneapolis-based Davis has acquired the two-story, 42,467-square-foot Woodlake Medical Building in Woodbury, an east St. Paul suburb. The $18 million acquisition, which closed Nov. 21, is…

Minnesota Real Estate Journals’ Net Lease and 1031 Summit: Anxiety? Yes. But optimism, too

Like all commercial real estate pros, those working the net lease and 1031 Exchange markets are struggling with the uncertainty caused by rising interest rates…

Accesso signed 307,000 square feet of leases at Minneapolis’ IDS Center in 2022

Accesso, an investment manager and operator of multi-tenant office and multifamily assets, signed more than 307,000 square feet of leases in 2022 at the IDS…

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