Avison Young closes sale of three hotels near Mayo Clinic
Avison Young arranged the sale of three hotels near the Mayo Clinic in Rochester, Minnesota, for affiliates of TPI Hospitality. The properties consist of a Homewood…
Rochester
CBRE closes sale of 29-unit multifamily property in Rochester
CBRE has arranged the sale of Lofts at Mayo Park, a 29-unit multifamily property in Rochester, Minnesota. Eaststar Trust LLC purchased the property from Eastbank…
Cushman & Wakefield brokers sale of Henry Ford Health Rochester Hospital MOB in Michigan
Cushman & Wakefield’s Healthcare Capital Markets group represented Detroit-based developer/investor KIRCO in its sale of the Henry Ford Health Rochester Hospital Medical Office Building in Rochester,…
Marcus & Millichap brokers sale of 88-room hotel in Minnesota
Marcus & Millichap closed the sale of Microtel Inn & Suites Rochester South, an 88-room hospitality property in Rochester, Minnesota. Jon Ruzicka, Jake M. Erickson, Jared Plamann…
Northland acquires 154-unit residential property in Rochester
Northland, a national real estate private equity firm, has acquired The Maven on Broadway, a strategically positioned 154-unit residential property in the heart of Rochester,…
Preserving the iconic: Restoration work wrapping on Rochester’s glowing beauty of a hotel sign
Iconic. That’s how Matt Williams, vice president of finance with Red Pine Capital Management, describes the historic neon sign that has so long lit up…
Kahler Hospitality Group to restore iconic sign at Kahler Grand Hotel in Rochester
The historic Kahler sign, located on top of Rochester, Minnesota’s Kahler Grand Hotel, is a fixture of the Rochester skyline. Over the next few months,…
Kraus-Anderson wraps construction of mixed-use housing complex in Minnesota
The Rochester, Minnesota, office of Kraus-Anderson has completed construction of Bryk on Broadway, a new mixed-use affordable housing complex in the Destination Medical Center district…
SRS Real Estate Partners, Hamilton Real Estate Group complete $26.9 million sale of Rochester mixed-use project
SRS Real Estate Partners’ National Net Lease Group and Hamilton Real Estate Group have completed the $26.9 million sale of Residence at Discovery Square, a…
Northmarq provides $12.5 million of financing for 147-unit apartment property in Minnesota
Northmarq’s Mike Padilla, senior vice president in the Minneapolis office, arranged the acquisition financing of $12.5 million for Timberland Heights. The 147-unit multifamily property is…