Minnesota

JLL Capital Markets secures equity investment for 246,000-square-foot office building in Minnesota

JLL Capital Markets announced today that it has secured a joint venture equity investment for One Southwest Crossing, a five-story, 246,293-square-foot office building in the Minneapolis-area…

Grandbridge provides first mortgage loan for 420,000-square-foot office park in Minnesota

Grandbridge Real Estate Capital recently closed a first mortgage loan secured by a six-building, 420,000-square-foot office park in Mendota Heights, Minnesota. Minneapolis-based Tony Carlson originated…

Another financial hit? Small business owners face tax pain thanks to IRS ruling on PPP loans

Small business owners already struggling because of the COVID-19 pandemic and state-ordered shutdowns or capacity restrictions now face another hurdle to surviving 2020: an unexpected…

CBRE sells 231-unit multifamily property in Minnesota

CBRE has arranged the sale of the Royal Oaks Apartments, a 231-unit luxury multifamily property at 3515 Federal Dive in Eagan, Minnesota. Peak Capital Partners…

Director of business development joins Minneapolis office of Westwood Professional Services

Elliot Christensen has joined the Minneapolis office of Westwood Professional Services, Inc. as a director of business development. Christensen brings 20 years of construction experience.…

Minneapolis’ Kraus-Anderson names new manager

Minneapolis-based Kraus-Anderson Construction has named Chad Rempe as the company’s preconstruction design phase services manager. The newly created position is an extension of Rempe’s continuing…

CBRE adds associate to North Dakota office

Kyle Ferderer has joined the Fargo, North Dakota, office of CBRE as an associate. Ferderer has joined the company's North Dakota office leasing team, representing…

Apartment rents in Minneapolis? They’re feeling the hit of the pandemic, too

Multifamily has remained one of the stronger commercial real estate assets during the COVID-19 pandemic. But that doesn't mean that apartment owners aren't feeling the…

Merchants Capital provides $21 million loan for Minneapolis apartment complex

Mortgage banking company Merchants Capital has provided more than $21.5 million in financing for a Minneapolis apartment complex currently under construction, The Bessemer at Seward…

CBRE closes sale of four-property multifamily portfolio in Minnesota

CBRE has arranged the sale of a four-property portfolio totaling 104 units in the Minneapolis area. The properties were sold by TMC Management Corp. and…

Minnesota

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