Archive | Minnesota Real Estate Journal

Minnesota’s Kraus-Anderson Construction Company hires project superintendent

August 03, 2015 Rick Oster has joined the Bemidji, Minnesota, office of Kraus-Anderson Construction Company as project superintendent. Read more...

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Paramount Real Estate Corporation closes sale of VELO Apartments in Minneapolis

August 03, 2015 Tom Commerford, vice president of investment services with Paramount Real Estate Corporation/TCN Worldwide, recently represented the seller in the sale of VELO Apartments in Minneapolis. Read more...

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Worried about investing in small apartment buildings? Don’t be

August 03, 2015 When you think of the booming multifamily market, what comes to mind? New apartment towers stretching 20 stories in the sky? How about sprawling suburban communities with swimming pools, fitness centers and hundreds of units? These larger apartment communities are an important part of the multifamily market, no doubt. And they provide great opportunity for investors today. But what about those smaller multifamily buildings, the apartment complexes that boast just 20, 10 or five units? Read more...

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CBRE closes $7.5 million in financing for 215,000-square-foot distribution facility in Minnesota

July 31, 2015 CBRE Capital Markets's debt and structured finance team arranged $7.5 million in construction-permanent financing for a 215,900-square-foot distribution facility in Shakopee, Minnesota. Read more...

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Why you shouldn’t worry (yet) that developers are bringing too many apartment units to your city

July 31, 2015 It's common knowledge that the multifamily market remains a hot one across the Midwest and the nation. But sometimes it helps to look at the numbers to see just how strong this commercial sector is. Read more...

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Minneapolis’ Ryan Companies names new regional VP

July 30, 2015 Minneapolis' Ryan Companies US has promoted Brooks Roffey to regional vice president of construction for the company's West region. Read more...

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Minneapolis’ Dominium acquires 88-unit apartment building

July 30, 2015 Minneapolis-based Dominium in April acquired the 88-unit Florence Park apartment building in Florence, Ariz. Read more...

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Grandbridge Real Estate Capital closes $8 million loan for Minnesota apartment complex

July 30, 2015 Grandbridge Real Estate Capital recently closed an $8 million first mortgage loan secured by a 60-unit apartment complex in Golden Vally, Minnesota. Read more...

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Hines begins construction of 220,000-square-foot T3 office development in downtown Minneapolis

July 29, 2015 Hines in July began construction on the 220,000-square-foot T3 office development, a seven-story mass timber office building in the North Loop neighborhood of downtown Minneapolis. Read more...

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What do investors love? Strip centers anchored by grocery stores … still

July 28, 2015 Stability. That’s the word Joe Girardi uses when talking about the retail strips across the Midwest that are anchored by a Trader Joe’s, Whole Foods Market, Meijer or other grocery store. Read more...

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