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Minneapolis’ Opus makes two key promotions

April 17, 2015 Matt Rauenhorst has been promoted to vice president while Phil Cattanach has been promoted to director of real estate development at Minneapolis' Opus Development Company. Read more...

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Wisconsin’s Faith Technologies names new COO

April 17, 2015 Mike Weller is the new chief operating officer at Menasha, Wisconsin-based Faith Technologies, an electrical, engineering and technology systems contractor. Read more...

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The Boulder Group closes sale of Citibank property in Elmhurst

April 17, 2015 The Boulder Group has completed the sale of a single-tenant Citibank retail condominium located at 136 North York Road in Elmhurst, Illinois, for $3.118 million. Read more...

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Newmark Grubb Knight Frank closes sale of 140-dorm Heritage Hall in Cleveland

April 17, 2015 A not-for-profit affiliate of Cleveland State University has sold Heritage Hall to Houston-based Asset Plus Companies, Inc., the largest privately owned student-housing company in the nation, for $4.5 million. Read more...

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CSM Corporation completes shell of 610 Commerce Center I in Twin Cities market

April 17, 2015 CSM Corporation has wrapped the shell completion of its 610 Commerce Center I project in Brooklyn Park, Minnesota. Read more...

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McGrath & Associates to build $4.99 million medical facility for St. Louis Heart and Vascular

April 17, 2015 New York developer the Marcus Organization has hired McGrath & Associates to build a new $4.99 million high-tech office and cardiac catheterization lab for St. Louis Heart and Vascular at 3550 McKelvey Road in Bridgeton, Mo. Read more...

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Think there’s a McDonald’s on every corner? Try counting the number of self-storage facilities dotting the country

April 17, 2015 McDonald's boasted 14,350 restaurants in the United States in 2014. That's a big number. But it pales in comparison to the number of self-storage facilities dotting the country: more than 48,500 at last count. There are more self-storage facilities in the United States than there are McDonald's, Subway and Jack in the Box restaurants combined. Read more...

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Dougherty Mortgage closes $9.5 million refinance loan for 73-unit apartment property in St. Paul

April 16, 2015 Dougherty Mortgage has closed a $9.5 million HUD 223(f) loan for the refinancing of Crosby Pointe Apartments, a 73-unit multifamily market-rate apartment property in St. Paul, Minnesota. Read more...

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Avison Young sells 1-million-square-foot industrial portfolio in Chicago

April 16, 2015 Erik Foster and Mike Wilson of Avison Young’s National Industrial Capital Markets Group have sold a four-building industrial portfolio totaling almost 1 million square feet in the Chicago industrial market. Read more...

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NorthMarq closes $7.25 million loan for 92-unit apartment complex in Iowa

April 16, 2015 Jason Kinnison, senior vice president of NorthMarq Capital's Omaha-based regional office, has secured permanent financing of $7.25 million for The Apartments at Prairie Lakes in Ankeny, Iowa. Read more...

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