Midwest CBDs continuing their hot streak into 2017

January 20, 2017 The Central Business Districts of cities across the Midwest are hot, with the number of leases, sales and new developments continuing to rise in the centers of metro areas. Read more...

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Mortenson hires general manager for Minneapolis office

January 20, 2017 Mortenson Construction has hired Todd Schilling as a general manager in its Minneapolis office. In this new position, Schilling’s responsibilities will initially include research and development of emerging markets for Minnesota, Iowa and the Dakotas. Read more...

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Dominium to build 163-unit seniors housing community in Minnesota

January 20, 2017 Dominium, a Minneapolis-based apartment development and management company, will soon build a 163-unit affordable senior housing development in Apple Valley, Minnesota. Read more...

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Minneapolis’ New Perspective Senior Living hires new COO

January 17, 2017 Minneapolis-based New Perspective Senior Living has hired former Brookdale executive Chris Hyatt as partner, investor and chief operating officer. In this new position, Hyatt will be responsible for the day-to-day operations of the organization. Read more...

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Destination suburbs: The new choice for aging Millennials

January 16, 2017 As Millennials grow older, more will look for urban experiences in the suburbs. It's a trend that is already starting. Read more...

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Mortenson chooses design team for Discovery Square project in Minnesota

January 16, 2017 Mortenson has selected the design team of RSP Architects and HOK for the first phase of the Destination Medical Center's Discovery Square project in Rochester, Minnesota. Read more...

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PCCP closes $50 million loan for acquisition of 304-room hotel on University of Minnesota campus

January 16, 2017 PCCP, LLC has originated a $50.8 million senior loan to AJ Capital Partners for the acquisition of the leasehold interest and re‐positioning of The Commons, an independent, 304‐key, full-service hotel in Minneapolis. Read more...

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Minneapolis’ Westwood Professional Services’ VP to oversee land business

January 11, 2017 Westwood Professional Services Inc. has appointed its vice president of operations, Jason McCarty, to oversee the firm’s Minneapolis-based land business, which includes residential and commercial development. Read more...

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Minneapolis’ Opus Development adds healthcare director

January 11, 2017 Brian Spoerl has joined Minneapolis' Opus Development Company, L.L.C. as director for healthcare real estate development. In his new role, Spoerl is responsible for sourcing new development and acquisition opportunities for Opus Healthcare across the country. Read more...

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Minneapolis’ Schafer Richardson hires new partner

January 09, 2017 Mark Reiling has joined Minneapolis-based Schafer Richardson as a partner and president. His primary role is to oversee and direct SR Realty Trust, Inc., a private equity real estate investment trust. Read more...

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No wonder investors love apartments: Rents are still sky-high across the country

January 09, 2017 There's a reason the multifamily sector remains the top choice of investors and developers: apartment rents are high, and demand for these units keeps rising. Read more...

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Colliers International to market 322,000-square-foot office landmark in Minnesota

January 06, 2017 Mike Gelfman and Steve Shepherd, both vice presidents with Colliers International, have been named as exclusive leasing agents for Norman Pointe II, one of the most recognizable Class-A office buildings in Bloomington, Minnesota. Read more...

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Marcus & Millichap sells 31-unit apartment portfolio in Twin Cities market

January 06, 2017 Marcus & Millichap recently sold Interlachen Manor and Oaklawn Estates, a 31-unit apartment portfolio in Edina, Minnesota. Read more...

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Twin Cities’ Suntide Commercial Realty launches partnership with KW Commercial Midwest

January 04, 2017 Suntide Commercial Realty, Inc., a management company in the Minneapolis/St. Paul market, has entered into a formal partnership with KW Commercial Midwest. The partnership will combine the commercial real estate services of Suntide with the team of KW Commercial Midwest. Read more...

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Marcus & Millichap sells 35-unit multifamily building in St. Paul

December 29, 2016 Marcus & Millichap recently closed the sale of Emerson Hill, a 35-unit apartment property located in West Saint Paul, Minneapolis. The multifamily property sold for $4.8 million. Read more...

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Want to thrive in 2017? Follow the advice of these three CRE pros

December 29, 2016 This January, as we always do, we'll be presenting our annual look at the most successful commercial real estate professionals throughout the Midwest in Midwest Real Estate News' Commercial Real Estate Hall of Fame issue. The best part about putting together the issue? Sharing the career advice from the Midwest's top real estate professionals. These pros aren't shy about telling us what has helped them reach the heights of the industry. Read more...

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Minneapolis’ HGA Architects and Engineers adds director of marketing

December 28, 2016 Jennifer Haferbecker has joined Minneapolis' HGA Architects and Engineers as associate vice president and director of marketing. Read more...

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Kraus-Anderson hits milestone on Twin Cities Orthopedics Performance Center project

December 27, 2016 The new Twin Cities Orthopedics Performance Center set to open in March of 2018 in Minneapolis is beginning to take shape above the ground. Read more...

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Minnesota’s Coldwell Banker Fisher Group hires business broker

December 27, 2016 April Femrite has joined Coldwell Banker Commercial Fisher Group in Mankato, Minnesota, as a licensed business broker. She now provides representation to clients who are selling or buying a privately held business. Read more...

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Marcus & Millichap sells AmericInn Lodge & Suites in Minnesota

December 23, 2016 Marcus & Millichap closed the sale of AmericInn Lodge & Suites Shakopee, a 66-room hospitality property in Shakopee, Minnesota. Read more...

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