Marcus & Millichap sells 48-room hotel property in Minnesota
Marcus & Millichap recently closed the sale of Norwood Inn & Suites, a 48-room hospitality property in Albany, Minnesota. The property sold for $945,000.
Minnesota
Dougherty Mortgage closes $3.5 million rehab loan for 44-unit apartment project in Minneapolis
Dougherty Mortgage recently closed a $3.5 million HUD 221(d)(4) loan for the rehabilitation of The Cameron, a 44-unit multifamily affordable housing property in the North…
DTZ: Twin Cities industrial market keeps getting stronger
How strong is the industrial market in the Twin Cities? The strongest it's been in a decade. That's the takeaway from DTZ's first-half industrial market…
Minnesota’s The Opus Group forms healthcare partnership with JE Dunn
Minneapolis' The Opus Group has formed a strategic partnership between Opus Healthcare and JE Dunn Construction Company on major healthcare construction projects.
Grandbridge Real Estate Capital closes $16 million loan for 240-unit multifamily property in Minnesota
Grandbridge Real Estate Capital recently closed a $16 million first mortgage loan secured by a 240-unit multifamily property in St. Cloud, Minnesota.
The Midwest’s secondary markets seeing surge in mixed-use developments
You don't have to live in the center of a big city to get a taste of urban living. The One Southdale Place luxury apartment…
Minneapolis’ Dougherty Mortgage closes refinance loan for 208-unit apartment complex
Minneapolis-based Dougherty Mortgage LLC recently closed a $7.7 million Fannie Mae loan for the refinance of Merritt Legacy Apartments in Leander, Texas.
One Southdale Place apartments celebrates official grand-opening in Edina
Developer StaurtCo celebrated the official grand-opening of its Edina, Minnesota, luxury apartment complex One Southdale Place during a June 29 ceremony in the apartment's lobby…
Minnesota’s CityPlace mixed-use development snags new retailers
As construction continues on the mixed-use development, retailers Caribou Coffee, La-Z-Boy Home Furnishings and decor, Potbelly Sandwich Works and Tu Nails have signed leases at…
Director of commercial services joins Minnesota’s KW Commercial
Jeff Hart has joined Eagan, Minnesota-based KW Commercial as director of commercial services.