Minnesota
99-Room Hyatt Place at Milwaukee Airport Sells
Marcus & Millichap has completed the sale of the 99-room Hyatt Place Milwaukee Airport in Milwaukee, Wisconsin. “Situated just outside… Read more
The Prime Company Secures $111M for Midwest Student Housing Portfolio
The Prime Company (TPC) has secured $111 million in fixed-rate financing from affiliates of Apollo for a portfolio of five… Read more
Onward Investors Acquires DC Office Building
Minneapolis-based Onward Investors has taken ownership of 100 M Street SE in Washington, D.C., a 12-story, 240,500-square-foot corner office building… Read more
Hanley Investment Group Arranges Sale of New Retail Pads in Minneapolis
Hanley Investment Group Real Estate Advisors has completed the sale of two new construction retail pad investment properties, Riverdale Commons,… Read more
Transwestern Facilitates Sale of former Bethany Global University Campus
Transwestern Real Estate Services (TRS) announced the sale of the Bethany Global University campus to Substance Church. The 32.7-acre site… Read more
Data Center Supply Surges with AI and Digital Services Demand
North America’s data center sector doubled the amount of supply under construction in 2024 from the previous year to a record 6,350.1 megawatts… Read more
$42M Bridge Financing Secured for St. Louis Park Senior Living Property
A $42.908 million bridge loan refinancing has been secured for Risor of St. Louis Park, a 170-unit, 55+ apartment community… Read more
Meyer Borgman Johnson Relocating HQ in Downtown Minneapolis
Transwestern Real Estate Services (TRS) announced that Meyer Borgman Johnson has signed a new, long-term lease to occupy the 20th… Read more
Roti Restaurant Chain Acquired by Edible Arrangements Founder
A private-equity firm launched by the founder of Edible Arrangements, Tariq Farid, has acquired the Chicago-based fast-casual chain Roti Modern… Read more
Chicago/Midwest People & Company News, week of February 21, 2025
Marquette Companies has named Trevor Ryan partner and president of Marquette Companies, while Jim Cunningham has been appointed partner and… Read more
KBS Refinances Two Loan Facilities Over $800M Including Chicago Tower
KBS Realty Advisors has completed two major refinancings for KBS Real Estate Investment Trust III (REIT III). The new agreements… Read more
Chicago/Midwest People & Company News, week of February 14, 2025
Newmark has hired Keely Polczynski, a respected retail investment sales professional with more than 20 years of experience, to its… Read more
BWE Secures $20M in Financing for Minneapolis Development
BWE has secured a $20 million loan to provide permanent financing for Lake Place, a 110-unit luxury active adult community… Read more
Endeavor Development, HM Cragg Announce 92K-SF Lease in Eden Prairie
Endeavor Development announced a 92,224-square-foot lease for HM Cragg at Endeavor Development’s Nexus at Opus Park redevelopment, a two-building, 174,230-square-foot… Read more
Thorofare Capital Provides Nearly $43M for Twin Cities Senior Housing
Thorofare Capital, an affiliate of asset management platform Callodine Group, provided a $42.89 million bridge loan to refinance Risor of… Read more
Onward Investors Purchases Financial Center in Downtown Minneapolis
Onward Investors has acquired the 31-story Ameriprise Financial Center in downtown Minneapolis. The 960,000-square-foot building, located at 707 2nd Avenue… Read more
MMCC Arranges $90M for Two MN Multifamily Projects
Marcus & Millichap Capital Corporation has arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments,… Read more