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Minnesota

MinnesotaCRE

CBRE names Hastings as managing director of Minneapolis office

CBRE Group, Inc. has appointed Blake Hastings to serve as managing director of its Minneapolis office. He will take his new post on Jan 1,…
Staff Writer April 5, 2017
MinnesotaCRE

Marcus & Millichap sells seven-unit apartment complex in Minnesota

Marcus & Millichap Real Estate Investment Services recently sold 7615 18th Avenue South, a seven-unit apartment property in Richfield, Minn.
Staff Writer April 5, 2017
MinnesotaFinance

Minneapolis’ Dougherty Markets closes $2.5 million loan for 66-unit apartment property

Minneapolis-based Dougherty Mortgage recently closed a $2.5 million loan for the acquisition of Bannock Arms Apartments, a 66-unit multi-family affordable housing property in Boise, Idaho.
Staff Writer April 5, 2017
MinnesotaRetail

Opus Development sells five acres in Minnesota to retailer

Opus Development Corporation recently sold five acres of land in Cambridge, Minn., to retailer Mills Fleet Farm for an undisclosed amount.
Staff Writer April 5, 2017
MinnesotaCRE

DIY Management can help homeowners associations run like a business

Minneapolis-based Cities Management, Inc. recently launched its DIY Management program, an online tool to help homeowners associations operate like well-run small businesses.
Staff Writer April 5, 2017
MinnesotaOffice

Shorenstein Properties acquires office building in downtown Minneapolis

Shorenstein Properties recently completed the acquisition of 33 South Sixth, an office building in the heart of downtown Minneapolis. The seller was Brookfield Office Properties…
Staff Writer April 5, 2017
MinnesotaFinance

Minneapolis’ Oak Grove Capital Funding celebrates busy November

Minneapolis-based Oak Grove Capital Funding originated a total of $183.27 million in financing between Nov. 1 and Nov. 20 of this year for affordable, market…
Staff Writer April 5, 2017
MinnesotaFinance

Opus Development set to build first high-end residential rental building in downtown Minneapolis in three decades

Opus Development Corporation announced in late November that the company's planned luxury high-rise apartment building, The Nic on Fifth, has closed on financing. Construction on…
Staff Writer April 5, 2017
MinnesotaRetail

Marcus & Millichap sells 16,000-square-foot retail property in Minnesota

Marcus & Millichap Real Estate Investment Services recently closed the sale of The Corner Shops, a 16,582-square-foot retail property in Maplewood, Minn.
Staff Writer April 5, 2017
MinnesotaFinance

U.S. Bank, Village Green provide financing for development of 254 luxury apartments in Minneapolis

U.S. Bank and Village Green in mid-November closed a significant piece of financing for the development of the Soo Line Building in Minneapolis. The renovation…
Staff Writer April 5, 2017
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