Minnesota

Marcus & Millichap closes sale of 36-unit assisted-living facility in Faribault

Marcus & Millichap closed the sale of Pleasant View Estates, a 36-unit assisted living and memory care facility in Faribault, Minnesota, for $6.5 million. Ray Giannini, investment…

Newmark bolsters Minneapolis staff

Newmark hired Jennie Kautz as a Director in the firm’s Minneapolis office. In her role, Kautz will partner with Senior Managing Directors Matt Elder and…

Kraus-Anderson completes renovation at lighthouse in Two Harbors

The Duluth office of Kraus-Anderson completed a Trails and Landscape renovation at Split Rock Lighthouse in Two Harbors, Minnesota. Designed by Quinn Evans, the landscape…

Marcus & Millichap brokers sale of Dollar General property in Kenyon

Marcus & Millichap closed the sale of a brand-new Dollar General property in Kenyon, Minnesota, for $2.139 million. Phil Sambazis, investment specialist in Marcus & Millichap’s…

Western Specialty Contractors brings new life to DeWitt-Seitz Marketplace building in Duluth

Western Specialty Contractors – Minneapolis Branch breathed new life into a brick wall and its painted mural on the historic DeWitt-Seitz Marketplace Building in Duluth,…

Marcus & Millichap close sale of 113-room Holiday Inn Express in St. Cloud

Marcus & Millichap brokered the sale of a 113-room Holiday Inn Express property in St. Cloud, Minnesota. Jon Ruzicka, Joseph Ferguson and Reed Gizinski, investment…

Kraus-Anderson wraps $23.45 million remodel at St. Paul middle school

Kraus-Anderson completed a $23.45 million remodel and addition at Highland Park Middle School located at 975 Snelling Ave. South in St. Paul, Minnesota. Designed by…

Marcus & Millichap brokers sale of 96-unit apartment property in Sartell

Marcus & Millichap closed the sale of Hillside Apartments, a 96-unit multifamily property in Sartell, Minnesota, for $8.1 million. Chris Collins and Evan Miller, investment…

Take Care When Using the 200% Identification Rule in a 1031 Exchange

When using the 200% identification rule in a 1031 exchange, you can identify any number of properties only if their aggregate fair market value does…

CBRE brokers sale of 204-unit multifamily property in Lakeville

CBRE arranged the sale of Livery, a 204-unit multifamily property in Lakeville, Minnesota. Texas-based RPM Living Investments purchased the property from the Indiana-based Garrett Companies…

Minnesota

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