Minnesota
Dwight Capital Closes $62M in Financing for Midwest Apartment Properties
Dwight Capital closed a combined $61.9 million in HUD 223(f) financing for Springs at Bettendorf in Bettendorf, Iowa, and The… Read more
AmericInn Hotel in Minnesota Trades Hands
Marcus & Millichap has arranged the sale of a 38-room AmericInn hotel property in Sleepy Eye, Minnesota. “This property’s direct… Read more
Mill Creek MF Part of PGIM Real Estate $347M Acquisition Deal
PGIM Real Estate has completed three property acquisitions, for a total of $346.9 million on behalf of the PGIM Private… Read more
Marcus & Millichap Arranges Sale of Best Western in Minnesota
Marcus & Millichap has completed the sale of a 98-room Best Western Plus in Blaine, Minnesota. “The hotel has been… Read more
Renters Outnumber Owners in 200-Plus Suburbs Across Major Metro Areas
High prices for single-family homes are helping to drive renting in the suburbs, CNBC reported, citing a report from Point2Homes.… Read more
Toll Brothers, Pondmoon Team Up on Frisco Rental Community
Toll Brothers utilized a $49.5 million construction loan from Santander Bank to build a 285-unit high-end multifamily community in Frisco.… Read more
Eagan Specialty Center Project in Minnesota Wins MOB Award
Healthcare Real Estate Insights (HREI) has recognized a project of Minneapolis-based Davis, a national healthcare real estate firm, as Best… Read more
Live Nation to Spend $1B on Venues for Underserved Markets
Live Nation Entertainment said it would invest $1 billion to build 18 new and revitalized live music venues with the… Read more
42-Room AmericInn Hotel in Wisconsin Trades Hands
Marcus & Millichap has completed the sale of a 42-room AmericInn hotel property in Rice Lake, Wisconsin. “This transaction stood… Read more
Chicago/Midwest People & Company News, week of May 22, 2025
Newmark has hired Michael Moynagh, MAI, as a Senior Managing Director for Newmark Valuation & Advisory and Market Leader for… Read more
Marcus & Millichap Arranges Sale of 48-Unit MF in Saint Paul
Marcus & Millichap has completed the sale of The Jax, a 48-unit multifamily property in Saint Paul, Minnesota, for $8… Read more
Dwight Mortgage Trust Provides $49M for Minneapolis Apartments
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, closed a $49.15 million bridge loan to refinance Moment Apartments, a… Read more
Chicago/Midwest People & Company News, week of May 16, 2025
JLL’s Katy Redmond, Senior Managing Director, Leasing Advisory, has been elected to serve on the Board of Directors of CoreNet… Read more
Merchants Capital Secures $33M for Housing Development in St. Paul
Merchants Capital announced $32.9 million in financing for the construction of East 7th Street, a 60-unit affordable and supportive multifamily… Read more
Hanley Investment Group Arranges $18M in Sales for 1031 Buyer
Hanley Investment Group Real Estate Advisor has arranged the acquisition of seven individual net-leased retail properties totaling $18.4 million, on… Read more
Franklin Street Properties Explores Possible Sale of Company
Franklin Street Properties Corp. (FSP) said Wednesday that its board of directors has initiated a review of strategic alternatives to… Read more