Minnesota

Michel Commercial Real Estate negotiates the sale of three multifamily properties in Minnesota

Michel Commercial Real Estate recently closed on three multifamily properties in Minnesota. Michel closed the sale of the 2215 74th Street West apartments in Richfield,…

Wipfli names leader of firm’s construction and real estate practice

Wipfli LLP, a national accounting firm, has named Brad Werner to the position of industry leader for the firm’s construction and real estate practice. Werner,…

CA Ventures, Harlem Irving Companies start pre-leasing at Minneapolis’ 270 Hennepin

CA Ventures and Harlem Irving Companies have begun pre-leasing at 270 Hennepin, a 22-story, 346-unit, mixed-use residential tower in downtown Minneapolis. The property is expected…

Schafer Richardson’s Timber and Tie development: Filling the affordable-housing hole in the Twin Cities

Schafer Richardson’s Timber and Tie multifamily development fulfills a major need in downtown Minneapolis: The project, which offers 175 studio through four-bedroom units in the…

A flood of new product? The Minneapolis/St. Paul multifamily market still sizzling

Before COVID-19 hit, the Minneapolis/St. Paul multifamily market was thriving. And today? It’s doing the same. Even as the Twin Cities and the rest of…

Kraus-Anderson wraps first phase of $43 million project for Minnesota school district

Kraus-Anderson has completed Phase-1 of a $43 million multi-phase project for Roseau Community Schools in Roseau, Minnesota. Construction began in July of 2020. This initial…

MedCraft acquires medical facility in Minnesota

MedCraft Investment Partners, a dedicated investment platform focused exclusively on healthcare real estate, continues to build its healthcare facility portfolio with the acquisition of the…

Still chasing the problem: Twin Cities still short of affordable multifamily developments

The multifamily market has remained strong throughout the pandemic, even during the worst days of COVID-19. But that doesn’t mean that this sector doesn’t face…

601W Minnesota able to secure financing for Dayton’s Project in downtown Minneapolis

601W Minnesota, the owner and developer of the Dayton’s Project in Minneapolis, was able to secure and finalize replacement financing two weeks earlier than expected. …

Berkadia Powerhouse Poll: Investors, bankers expect big second half in multifamily sector

Yes, COVID-19 is still casting a pall on the U.S. economy, especially now that mask mandates and other restrictions might be returning because of the…

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