Yardi Matrix: Midwest apartment property sales take big tumble in 2020
Remember those record-setting apartment sales in 2019? COVID-19 made sure that there’d be no repeat performance this year.
St. Paul
Twin Cities office of Colliers makes three key additions
The Minneapolis-St. Paul office of Colliers International recently made three additions to its team: Amanda Zielike, marketing director; Dirk Koentopf, research manager; and Tina Volpe,…
Duke Realty still going strong in Minneapolis-St. Paul, despite pandemic
The Minneapolis-St. Paul office of Duke Realty Corporation has executed lease agreements and renewals totaling 405,903 square feet of industrial real estate space of its…
The Terrace Group acquires truck terminal in St. Paul
The Terrace Group has acquired 443 Fillmore, a truck terminal at 443 Fillmore Ave. East in St. Paul, Minnesota. David Stokes and Chris Weirens from…
Tim McGough of St. Paul’s McGough Construction passes away in his sleep
Tim McGough, an executive vice president with St. Paul, Minnesota-based McGough Construction died suddenly in his sleep Monday morning. “It is with a heavy heart…
Kraus-Anderson closes construction of 92-unit multifamily development in St. Paul
Kraus-Anderson has completed 590 Park Street, 92 units of upscale apartments designed for professionals in St. Paul, Minnesota. Located on the site of the former…
ACKERBERG, Northland Real Estate Group to develop largest modular construction project ever tackled in Twin Cities market
ACKERBERG is set to add to the multifamily housing stock in downtown St. Paul. And in doing so, ACKERBERG will bring the largest modular construction…
Minnesota Housing closes $4.6 million refinance of St. Paul multifamily tower
Minnesota Housing recently closed a $4.6 million refinance of the Minnesota Building in downtown St. Paul. The Minnesota Building is home to two affordable multifamily…
Good news in the Twin Cities CRE market? Bridgewater Bank pros says it’s out there
It's been a challenging several months for the Twin Cities. That doesn't mean, though, that there isn't good news to be found in its commercial…
Multifamily report brings hopeful signs — and some concern — for Twin Cities apartment market
The average apartment rent in the United States increased by $2 in July, hitting $1,460, according to the most recent national multifamily report from Yardi…