Minnesota

Minneapolis’ Kraus-Anderson hires director of marketing

Minneapolis-based Kraus-Anderson has hired Jenna Mead as director of marketing, referendum and project planning. Mead previously was the director of partnerships for Golden Valley-based Captivate…

No cooldown yet: Demand for industrial space still strong in Twin Cities market

How strong is the Minneapolis-St. Paul industrial market? Absorption during the first six months of this year totaled about 4 million square feet. And by…

RJM Construction developing second Duffey Lot project in Minneapolis

Following the recent grand opening of The Duffey on Washington Avenue in Minneapolis’s North Loop neighborhood, RJM Construction has started a $171 million second development,…

Northmarq provides $41 million in financing for student housing property in Minnesota

Andy Finn, senior vice president in Northmarq’s Minneapolis-based debt/equity office, arranged for $41.61 million in financing for The Grove at Mankato. The 524-unit student housing…

Kraus-Anderson completes construction on $38.6 million multifamily project in St. Paul

Kraus-Anderson Development Company has completed construction on MODA on Raymond, a six-story, $38.6 million multi-housing project at University and Raymond in St. Paul, Minnesota. The…

Closer to normalcy? Hotel rooms are filling up faster

Getting ever closer to normal. That's happening today in the hospitality industry according to the Midyear State of the Industry Report from the American Hotel…

Pearlmark provides $12 million of financing for mixed-use project in Minneapolis’ Warehouse District

Pearlmark closed on a $12.0 million mezzanine debt investment for Duffey 2.0, an adaptive reuse project consisting of three historic manufacturing buildings in the Warehouse…

JLL Capital Markets closes $73.75 million sale of 246-unit apartment community in Twin Cities market

JLL Capital Markets has closed the $73.75 million sale of and arranged the $47.93 million financing for Rush Creek Apartments, a 246-unit, newly built multi-housing…

SR Realty Trust acquires 110,000-square-foot industrial property in Minnesota

SR Realty Trust, Inc. has acquired Excelsior Tech Center, a 110,000-square-foot multi-tenant industrial property. The property, located at 175 Jackson Ave. North in Hopkins, Minnesota,…

Schafer Richardson wraps construction on 237-unit apartment development in Minnesota

Schafer Richardson has completed Rya at RF64, a 237-unit multifamily development at 6300 and 6400 Richfield Parkway in Richfield, Minnesota. The project consists of two…

Minnesota

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