Asymmetrical risks? How the CRE industry is reacting to the Fed’s inflation-fighting moves
Last week, the Fed did something that it had not done since 1994: It raised the fed funds rate by 75 basis points.
Minnesota
Davis holds ground-breaking for 100,500-square-foot clinic and surgery center in Lakeville
Minneapolis-based developer Davis, MNGI Digestive Health and Allina Health recently held a ground-breaking ceremony for Lakeville Specialty Center, a 100,500-square-foot multispecialty clinic and surgery center…
Boxing studio opens at 139-unit luxury apartment building in Minneapolis’ North Loop
Minneapolis-based Schafer Richardson announced that Rumble Boxing has signed a lease at Viridium, a 139-unit luxury apartment building in the North Loop neighborhood of Minneapolis.…
Don’t bury it yet: Retail is far from dead
Think of the commercial sectors hit hardest by COVID-19. What comes to mind? Office, hospitality and … retail, right?
Kraus-Anderson completes $10 million fire station in Minnesota community
Kraus-Anderson has completed a $10.2 million fire station at 1530 County Road C East in northern Maplewood, Minnesota. The former fire station was demolished and…
Colliers Mortgage closes $21 million construction loan for 128-unit apartment community in Minneapolis
The Minneapolis office of Colliers Mortgage closed a $21 million Fannie Mae Forward Conversion for the construction financing of Gateway Northeast, a 128-unit multifamily affordable…
Investor demand for multifamily? It’s been insatiable
Insatiable. That's the best way to describe investor demand for multifamily assets during the last five years.
Colliers Mortgage closes $7.4 million refinance loan for 58-unit multifamily property in Minneapolis
The Minneapolis office of Colliers Mortgage closed a $7.4 million Fannie Mae loan for the refinancing of apt on Essex, a 58-unit market-rate multifamily property…
Associated Bank provides $65 million construction loan for 403-unit luxury apartment building in Minnesota
Associated Bank closed the financing for a $65 million loan to McGough Development for construction of Carbon 31, a mixed-use, luxury apartment building that will…
Big-D Midwest Construction starts work on 58-unit apartment building in Minnesota
Big-D Midwest Construction, along with At Home Apartments and Collage Architects, recently broke ground on The Reserve at Mendota Village, the second phase of a…