Minnesota

Marcus & Millichap closes sale of 30-unit apartment property in Minnesota

Marcus & Millichap closed the sale of Kestrel Pines Townhomes, a 30-unit apartment property in Bemidji, Minnesota. The asset sold for $1.7 million. Chris Collins…

Minneapolis’ Schafer Richardson adds director of marketing

Stefanie Sokup has joined Minneapolis-based Schafer Richardson to serve as its director of marketing. Sokup will lead the company’s marketing efforts and support Schafer Richardson’s…

On the cutting edge of a growing trend: Minnesota becoming a hotspot for seniors cooperative housing

Demand continues to rise across the United States for seniors housing, with the National Investment Center for Seniors Housing & Care's most recent MAP Market…

The Opus Group names VP, general manager for Minneapolis team

The Opus Group® has promoted Nick Murnane to vice president and general manager, overseeing its Minneapolis development team. Murnane joined Opus in 2010 and has…

Workers come back! Report cites more than 21 million square feet of vacant office space in Twin Cities market

More than 21.2 million square feet of vacant office space. That's the big problem facing the Minneapolis-St. Paul office market, according to a new report…

Challenges? Sure. But Twin Cities industrial market still holding its own

It’s true: These are challenging times for all commercial real estate sectors, including that long-time darling of investors, industrial. High interest rates, an uncertain economy…

Minneapolis’ United Properties makes two key promotions

Minneapolis' United Properties hired Phil Cattanach as executive vice president of commercial development and promoted Karla Carlson to executive vice president of Amira, the company’s senior living brand.Cattanach has an…

Lime scooter-share program returns to St. Paul

Lime has relaunched in Saint Paul, Minnesota, with its Gen4 e-scooters and a continued focus on equity. Lime has worked to continually improve and build…

A bit of positivity? JLL report dispels some of the gloom around commercial real estate

Optimism? That’s in short supply today in the commercial real estate industry. But in their Mergers & Acquisitions and Strategic Transactions Monitor report released in…

Minnesota’s UFC adds chief lending officer

Inver Grove Heights, Minnesota-based UFC, a commercial lending partnership formed last year by Minnesota’s credit unions, has added industry veteran Jim Hoopes as its chief…

Minnesota

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