Minnesota
Cohen Arranges $15M Bridge Loan for Minneapolis Apartments
Cohen Financial’s Cathy Bronkema recently secured a $15.35-million bridge loan for the acquisition of the Minneapolis Grand Apartments. The 112-unit… Read more
Duke to Develop Headquarters BTS in Master-Planned Arbor Lakes Park
Duke Realty will develop a 277,222-square-foot office and industrial property for candle manufacturer Illume that will serve as Illume’s new… Read more
Out-of-State JV Invests in $74M Jefferson Alpha West
Buchanan Street Partners teamed with CarVal Investors to make a $16 million preferred equity investment in the 409-unit Jefferson Alpha… Read more
Praedium Makes Apartment Buy in Minneapolis’ North Loop
The Praedium Group has acquired the newly-constructed Maverick North Loop Apartments in Minneapolis. It’s located within the city’s North Loop,… Read more
KBS Legacy Partners Divests MF Portfolio for $480M
KBS Legacy Partners Apartment REIT, Inc. divested 11 multifamily communities totaling 3,039 units located in core markets in Minnesota, Illinois,… Read more
Best Cities for Female Entrepreneurs
America is a nation comprised of more than 11.6 million female-owned businesses. It’s also a country where the gender wage… Read more
WNC Closes $135M Institutional LIHTC Fund
Irvine, CA-based WNC closed WNC Institutional Tax Credit Fund 44, L.P. (WNC Corp. 44), a $135 million institutional low-income housing… Read more
Ryan Co.’s Promotes Three Leaders
Ryan Companies US, Inc. promoted three executives to new leadership positions. Two of the moves were within the Midwest Region,… Read more
Pair of Riverside Towers Approved in Rochester, MN
Bloom International Realty plans to develop a pair of residential towers totaling one million square feet along the Zumbro River… Read more
Kluesner, Rymer Join Avison in Twin Cities
Tenant-representation and corporate-services specialists Phil Kluesner (pictured) and Eddie Rymer have joined Avison Young’s Minneapolis team. Kluesner has come in… Read more
Brennan, Sidra Form JV for $159M Industrial Portfolio Recapitalization
HFF arranged the $159.2 million recapitalization of a fully-leased, mission-critical 11-property industrial portfolio totaling 2.77 million square feet in seven… Read more
California Ranks Tops for Entrepreneurs, Startups
California is the most fertile ground to start and grow a company. Business.org’s ranking of the Best Cities for Entrepreneurs… Read more
ARA Newmark Closes $500M in Student Housing Sales in Seven States
ARA, A Newmark Company, completed more than $500 million in student housing investment sales since February. The transactions totaled more… Read more
Ryan Companies Adds Two Key Leaders in Midwest
Ryan Companies, US Inc. expanded its Midwest leadership team with the addition of two executives. David Wilson (pictured above) joins… Read more
After Slight Decline, Healthcare Development Expected to Rebound
Outpatient healthcare development projects totaling more than 34 million square feet were started or completed in 2017, a decline of… Read more
How Target is Becoming “America’s Easiest Place to Shop”
By Dennis Kaiser Target was one of the holiday season’s success stories, an accomplishment the company credits to investments into… Read more
Ryan Companies Plans 39-Story Minneapolis Condo Tower
Ryan Companies US, Inc. plans to co-develop with Luigi Bernardi an ultra-luxury high-rise residential condominium tower in the Mill District… Read more
Lincoln Midwest, Mobile Doorman Partner on Apps
Chicago-based Mobile Doorman is partnering with Lincoln Property Company on a new series of apartment management apps for the multifamily… Read more
Hyde, Mortenson Plan 1.8M-SF Industrial Park in Denver
Minneapolis-based Hyde Development expanded to Denver and plans to develop 76 Commerce Center, a 1.8-million-square-foot, Class A industrial park in… Read more