A fascinating, but challenging, year: A look back at 2023 with Capital Partners’ Peter Mork
The big story of 2023? It’s undoubtedly been higher interest rates and the slowdown in commercial sales that they caused.
Minnesota
IREM Chicago names regional vice president
IREM's Chicago Chapter has appointed William Levy as its 2024-2025 regional vice president. As regional vice president, Levy will also serve the regions of Minnesota and…
Alina Health opens 24,000-square-foot clinic in Lakeville
Allina Health, a nonprofit health system serving Minnesota and western Wisconsin, recently celebrated the opening of its Lakeville North Clinic, a primary care clinic with…
Another boon to the multifamily market: As housing becomes more expensive, more are making the move to the renting lifestyle
Not only are more people renting today, more are doing this by choice. The reason? Housing prices and interest rates are making owning a single-family…
Marcus & Millichap negotiates sale of Dunkin’ property in Minnesota
Marcus & Millichap closed the sale of Heartland Dental & Dunkin', a 5,418-square-foot retail property in Otsego, Minnesota. The asset sold for $3.03 million. Alex…
Minneapolis’ IDS Center secures loan extension
Accesso, a Florida-based real estate investment manager, announced that the IDS Center, a centerpiece of the downtown Minneapolis skyline, has secured a loan extension for…
Southside Community Health Services signs ground lease with Ryan Companies in Minneapolis
With more than 56,000 low-income South Minneapolis residents in need of healthcare and social services, Southside Community Health Services is committed to expanding its offerings…
Multifamily real estate in 2024: Navigating turbulence and seizing opportunities
The year ahead for the multifamily real estate market holds a unique set of challenges and prospects. With both high interest rates and weather-related catastrophes…
