Seniors housing facility sells for $30 million in Minnesota
The Shores of Lake Phalen, an independent living, assisted living and memory care community located in Maplewood, Minnesota, has sold for $30 million or $285,714…
Minnesota
Bell State Bank & Trust opening new mortgage division in Minnesota
Bell State Bank & Trust is opening a new Bell Mortgage office at 2774 Commerce Drive NW, Suite A, in Rochester, Minnesota.
Employment gains drive Twin Cities’ apartment market
Why is the multifamily market such a hot one in the Twin Cities? Marcus & Millichap points to the jobs market here. According to the…
Patrick Gaughan: You have to do good for your community
As president of Forest Lake, Minnesota-based Gaughan Companies, Patrick Gaughan knows what it takes to succeed in the competitive world of commercial real estate. Gaughan…
Oppidan Investment Company starts construction on seniors housing facility in Minnesota
National property development firm Oppidan Investment Company today began construction on White Bear Heights Senior Living in White Bear Lake, Minnesota. White Bear Heights Senior…
LEO A DALY adds staffers to Minneapolis office
Electrical engineer Daniel Rathbun has joined Minneapolis' LEO A DALY as market sector leader for food, distribution and manufacturing.
Grandbridge Real Estate Capital closes $1.33 million loan to refinance retail property in Minnesota
Tony Carlson, with Minneapolis-based Grandbridge Real Estate Capital, recently closed a $1.33 million loan for the refinance of a retail property in Rochester, Minnesota.
Cushman & Wakefield/NorthMarq closes sale of 1.2-acre land site in Minnesota
The Cushman & Wakefield/NorthMarq team of senior director Tom Martin and senior director Kim Meyer has closed the sale of an underutilized 1.2-acre site in…
Minnesota’s SPIRES names new real estate lending pro
Robin Grimes was named AVP of real estate lending for Falcon Heights, Minnesota-based SPIRE.
Marcus & Millichap closes $5.8 million sale of mixed-use property in Minneapolis
Marcus & Millichap has sold the Alden, a mixed-use property with 68 apartment units and two first-level offices in Minneapolis.