RE Journals – The Midwest’s leading source for commercial real estate news
The latest headlines from
Minnesota Real Estate Journal
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Monthly apartment rents becoming an ever-increasing burden for renters across the United States
Demand for multifamily units continues to grow. But at the same time, a growing number of renters are struggling to afford the monthly cost of these units.



The U.S. industrial market? It’s a bit turbulent right now
A turbulent market. That’s how CommercialCafe describes the U.S. industrial sector in its February 2026 national industrial report.



How CREC achieves strong long-term performance
Fairly often, potential new investors ask us whether our consistently strong investment results are the product of a “secret sauce.” There is no secret sauce, but this question recently triggered an internal discussion to try to define our actual perceived advantage. Our conclusion was that CREC’s superior long-term performance is a result of our size, our ability to be very focused, and our commitment to a highly disciplined investment strategy.


Northmarq closes $22 million refinance for 49-unit apartment property in Excelsior
Northmarq’s Minneapolis Debt + Equity team led by Andy Finn arranged the $22.727 million refinancing of One West Drive, a 49-unit boutique apartment at One West Drive in Excelsior, Minnesota. 

Marcus & Millichap brokers sale of 96-room hotel property in Fergus Falls
Marcus & Millichap brokered the sale of a 96-room Country Inn & Suites hotel property in Fergus Falls, Minnesota. 

Colliers brokers sale of 121-unit 55-plus senior living community in St. Paul
Colliers negotiated the sale of Graham Place Senior Apartments, a 121-unit, 55-plus LIHTC designated senior living community at 1745 Graham Ave. in St. Paul, Minnesota's, premier Highland neighborhood.

Cushman & Wakefield boosts multifamily investment sales staff in Minneapolis
Cushman & Wakefield added Chris Collins and Evan Miller to its Minneapolis multifamily investment sales platform as Senior Directors.

Minneapolis’ Knutson Construction adds VP of healthcare
Mike McMahan is joining Minneapolis-based Knutson Construction as vice president of healthcare.

HREC closes sale of 12-property Legacy Hotel Group portfolio
HREC Investment Advisors arranged the sale of the 12-property, 897-key IGO Legacy Hotel Group portfolio, with properties located in Michigan, Minnesota, and Wisconsin.

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