CBRE closes sale of 36-unit multifamily property in Twin Cities suburb
CBRE has arranged the sale of Mahtomedi Flats, a 36-unit newer construction multifamily property in the Twin Cities suburb of Mahtomedi, Minnesota, at 730 Wildwood…
Minnesota
Study finds big drops in apartment rents in Minnesota, Illinois
The multifamily market has been especially resilient during the last 12-plus months. But even this sector has been hit in some ways by the COVID-19…
19-year veteran retiring from Minneapolis’ United Properties
After 19 years of service to Minneapolis-based United Properties, Keith Ulstad, senior vice president of retail investment and development, will retire on July 1 of…
Real Estate Equities opens 168-unit affordable housing project in Minnesota
Real Estate Equities opened its newest affordable community, Spring House Apartments, in Coon Rapids, Minnesota. The development is currently 27 percent occupied. The 168-unit development,…
Employee Retention Credit: The impact of Notice 2021-20 on 2020 941s and income tax return filings
What do changes to the Employee Retention Credit mean to you and your business?
Minnesota’s Kraus-Anderson Insurance names assistant vice president
Burnsville, Minnesota-based Kraus-Anderson Insurance has promoted Rocky Bullis to assistant vice president of property and casualty. In his new leadership role, Bullis will oversee KA…
Schafer Richardson starts building 237-unit apartment development in Minnesotas
Schafer Richardson has begun construction on Rya at RF64, a 237-unit apartment development at 6300 and 6400 Richfield Parkway in Richfield, Minnesota. The project will…
Back to the office: Just what will that look like?
COVID-19 vaccinations are increasing in the United States, with the country now administering more than 2 million doses a day on average. This is leading…
NorthMarq provides more than $41 million in debt for 249-unit multifamily property in Minnesota
Brett Hood, managing director of NorthMarq’s Chicago regional office, secured more than $41.479 million in Freddie Mac debt to facilitate the acquisition of Hinton Heights…
CBRE closes sale of 80,000-square-foot industrial warehouse in Minnesota
CBRE has arranged the sale of the recently completed InverPoint Business Park I, an 80,000-square-foot industrial warehouse facility in Inver Grove Heights, Minnesota. The building,…
