Minneapolis’ Forte Real Estate Partners names new VP
Joe Jetland, who joined Minneapolis' Forte Real Estate Partners in 2023, has been promoted to vice president– advisory. He focuses on industrial real estate users,…
Minnesota
Does my vacation home or second home qualify for a 1031 Exchange?
Whether or not your second home qualifies for 1031 exchange treatment depends on how you have been using the property and what your intent has…
Belleston Residence seniors housing project breaks ground in Plymouth
A new kind of senior living community has broken ground in Plymouth, Minnesota. Belleston Residence, an assisted and independent living community, will be located at 18035 Old…
Kraus-Anderson begins construction on $18.9 million fire-and-ambulance HQ in Cloquet
Kraus-Anderson Construction began construction on a new $18.9 million fire and ambulance headquarters located at 22 22nd St., serving the Cloquet Area Fire District in Cloquet,…
JLL Capital Markets closes sale of 166-unit seniors housing community in Bloomington
JLL Capital Markets completed the sale of Hayden Grove Bloomington, a 166-unit seniors housing community in Bloomington, Minnesota. Working on behalf of the seller, Verdot Capital,…
Krause-Anderson completes $42.3 million revitalization of Woodbury Central Park
Kraus-Anderson completed a $42.3 million revitalization of Woodbury Central Park at 8595 Central Park Place in Woodbury, Minnesota. Designed by HGA Architects, the three-story, 62,708-square-foot…
Marcus & Millichap facilitates sale of childcare facility in Albertville
Marcus & Millichap negotiated the sale of a net-leased childcare facility occupied by Everbrook Academy in Albertville, Minnesota. The property sold for $6,096,510. Spencer Berkley,…
JLL Capital Markets closes $50 million refinance for 237-unit multifamily property in Eden Prairie
JLL Capital Markets secured a $50 million refinancing for The Fox and The Grouse, a 237-unit multi-housing property in the Golden Triangle neighborhood of Eden Prairie,…
A new retail treat this Halloween? How about a haunted car wash?
Halloween has become big business for retailers, with the National Retail Federation predicting that consumers will spend a record $13.1 billion this year on candy,…
The top city for apartment conversions in 2024? It was Chicago
Chicago became the top city for apartment conversion projects in 2024, according to the latest research from RentCafe.