Minnesota
Northmarq Completes Acquisition of Stan Johnson Company
Northmarq has completed its acquisition of Stan Johnson Company (SJC), a real estate brokerage and advisory firm that focuses on… Read more
Thompson Thrift Will Develop First Twin Cities Project
Thompson Thrift will begin construction on The Meridian at CityPlace, a 91-unit Class A townhome-style community in the Minneapolis suburb… Read more
Northmarq Welcomes Two Additions to Newport Beach Team
Peter Hauser, senior vice president – investment sales and Matt Hauser, senior associate – investment sales, have joined Northmarq’s Newport… Read more
Timberland Partners Acquires KC Apartments from Thompson Thrift
Thompson Thrift has sold The Element, a 276-unit multifamily community located in Kansas City, MO. Minneapolis-based Timberland Partners purchased the… Read more
Northmarq Sponsors Project Destined in Twin Cities
Northmarq is sponsoring Project Destined in the finance and investment sales firm’s Twin Cities home base. Since its founding in… Read more
The Second Coming of Malls
The Southdale Mall in Edina, MN opened in 1956, with the distinction of the first indoor mall in the United… Read more
Accesso Sees Ongoing Leasing Success at Minneapolis’ IDS Center
Accesso has signed several lease expansions and renewals for existing tenants at the IDS Center in downtown Minneapolis. Tenants expanding… Read more
Monument Capital Makes Eighth Twin Cities Multifamily Deal
Monument Capital Management, an A-Rod Corp company, has acquired Talus, a 192-unit multifamily community in Plymouth, MN, for an undisclosed… Read more
Square Mile Capital Finances New Salt Lake City Apartment Community
Square Mile Capital Management has originated a $61.8 million loan to finance the ground-up development of 375 West Whitney Avenue,… Read more
Northmarq Arranges Refi on Workforce Housing in Minneapolis Suburbs
Northmarq negotiated the $45,025,000 refinance of Axle Apartments, a 262-unit workforce housing property in Fridley, MN, on behalf of Roers… Read more
Northmarq Adds Investment Sales Team in Twin Cities
Northmarq’s expansion into investment sales has moved into the company’s corporate headquarters market of Minneapolis/St. Paul following four years of… Read more
Multifamily Rent Growth Stalls in August
Multifamily rents nationwide flattened in August 2022, according to a just-released report by Yardi Matrix. The average U.S. asking rent… Read more
Alex. Brown Realty, Biynah Industrial Partners Add to Collection of Truck Terminals
Baltimore, MD-based Alex. Brown Realty and Biynah Industrial Partners, LLC, have added four assets to its nationwide portfolio of truck… Read more
Upscale Apartment Property Trades in Minneapolis Suburb
CBRE has arranged the sale of RiZE on Grand, a 275-unit apartment community located in Burnsville, MN, a suburb of… Read more
Alternative Asset Classes Prove to be an Attractive Haven for Capital
A recent capital markets report from Colliers finds that alternative assets, once on the periphery of commercial real estate investors’… Read more
Dominium Purchases $3M LIHTC Site in Charlotte for Affordable Development
MN-based affordable housing developer Dominium has completed the $3-million purchase of an 8.83-acre affordable housing development site on 7800 Creekridge… Read more
Newmark Valuation & Advisory Names Market Lead for North Central Region
Newmark Valuation & Advisory (Newmark V&A) has promoted John Mackris, MAI, MRICS, CCIM, to market leader of the North Central region. Based… Read more
Associated Bank Provides Greystar with Financing for Twin Cities Townhomes
Associated Bank closed on $67,534,926 in financing for Greystar to construct Summerwell Maple Grove, a community of two-story luxury townhomes… Read more
Cushman & Wakefield Promotes Kari Olbrecht to Lead Midwest Valuation & Advisory
Cushman & Wakefield has promoted Kari Olbrecht to lead the company’s Valuation & Advisory (V&A) Midwest Market, based in Chicago.… Read more