Minnesota
Bellwether Arranges Refi on Two St. Paul-Area Apartment Houses
Bellwether Enterprise Real Estate Capital LLC has closed on a combined $32 million in two loans to refinance two multifamily… Read more
Opus Completes Spec Industrial in Kansas City Market, Signs First Tenants
Minneapolis-based The Opus Group completed a 230,000-square-foot speculative warehouse and distribution building at 56 Commerce Center in Olathe, KS. Subsequently,… Read more
Where is Search for Yield Taking Investors in 2019?
By Dennis Kaiser The search for yield in a late-cycle environment is drawing more commercial real estate investors into secondary… Read more
Berkshire Residential Makes Twin Cities Multifamily Buy
Berkshire Residential Investments recently finalized its acquisition of the Parkway Off Central, a 191-unit market-rate apartment complex in the Twin… Read more
Newly-Renovated Country Inn & Suites Trades in WI
The Minneapolis office of Marcus & Millichap has closed the sale of the 65-key Country Inn &Suites Fond du Lac… Read more
What Patients Want: Private Rooms
You don’t have to be able to read minds like Mel Gibson’s character in What Women Want to know that… Read more
1-in-5 Rural Hospitals at High Risk of Closing, Study Finds
One-in-five U.S. rural hospitals are at a high risk of closing unless their financial situation improves, according to a new… Read more
Edina Retail Pad Sets Records for Cap Rate, Price Per Square Foot
Hanley Investment Group Real Estate Advisors has completed the sale of a new-construction 6,702-square-foot building occupied by E*Trade and Roti Modern Mediterranean in… Read more
Permanent Financing Arranged for Orscheln Farm & Home
Axiom Capital Corp. arranged $4.5 million in permanent financing for Orscheln Properties Co. LLC, which owns the 51,939-square-foot, stand-alone retail… Read more
EJF Will Invest in Oakland Moxy Project Through Opportunity Zone Fund
EJF Capital LLC joined Tidewater Capital and Graves Hospitality to develop Marriott International’s new Moxy hotel in the Uptown neighborhood… Read more
Nurse’s Murder Highlights Unsafe Parking Environments for Healthcare Personnel
Parking structures and lots are the third most common site of murders and assaults in the United States, according to… Read more
Northern Tool Planning Move into Shuttered Movie Theater
A former AMC theater in Abilene, TX will be the site for a Northern Tool + Equipment retail store. Plans… Read more
Mission Capital Brings Retail/Office Mix to Market in St. Cloud
Mission Capital Advisors’ asset sales group is marketing Marketplace Retail and Office Center, a five-building, 121,406-square-foot, mixed-use property in Waite Park, MN.… Read more
Tom Becker Steps into New Role at Opus
The Opus Group promoted Tom Becker to regional vice president of construction and project management. He will manage the Minneapolis… Read more
Apartment Sector Sustains Positive Outlook; Marcus & Millichap Report
Accelerating household formation, underpinned by the tight U.S. labor market, will continue to support apartment rental demand in 2019, predicts… Read more
Multi-Tenant Auto Mall Finds Buyer in Twin Cities
Mid-America Real Estate – Minnesota recently brokered the investment sale of Burnsville Auto Mall, in Burnsville, MN, a suburb of Minneapolis/St.… Read more
Detroit Industrial Leads Midwest for Rent Growth, Vacancy Declines
Detroit ended 2018 with the highest year-over-year rent growth and lowest vacancy of any Midwest market, according to CBRE’s Industrial… Read more
QSR Garners Brand’s Highest Price/SF in Midwest
Hanley Investment Group Real Estate Advisors recently arranged the sale of a new single-tenant Raising Cane’s Chicken Fingers quick-service restaurant in the Twin… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more