Apartment boom hitting all major Midwest markets

December 19, 2014 Christy Lockridge, principal with the Chicago office of Prudential, has seen the trend: Today’s renters increasingly want to live in the center of urban areas. They want to live near public transportation. They want to be able to walk to restaurants and shops. They want to live largely without having to jump into a car each day. Read more...

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ElmTree Net Lease Fund II buys key investment properties in Indiana, Minnesota

December 19, 2014 St. Louis-based ElmTree Net Lease Fund II recently purchased five single-tenant net lease investment properties -- including one in Minnesota and another in Indiana -- totaling $105.2 million. All properties are currently occupied under, or have commitments for, 10- to 15-year lease agreements. Read more...

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Doran Companies gets a boost: Will manage Robert Muir Company’s Twin Cities retail centers

December 18, 2014 Bloomington, Minn.-based Doran Companies just boosted its property management portfolio by five regional shopping centers. Read more...

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Coldwell Banker Commercial Griffin Companies helps close $1.3 million sale of Minnesota retail center

December 18, 2014 Bob Bayer and Dale Severson of Coldwell Banker Commercial Griffin Companies represented the seller in the sale of Otsego Retail Center at 15704 90th Street NE in Otsego, Minn. Read more...

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RE/MAX’s Hulsey: To maximize the service, maximize the marketing, too

December 17, 2014 Mark Hulsey, managing broker of RE/MAX Results Commercial in Saint Paul, Minn., has a simple philosophy about the importance of marketing: If you want to maximize the service that you provide to clients, you must maximize your marketing efforts, too. Read more...

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The Waters on Mayowood in Minnesota hires new community relations manager

December 15, 2014 John Beltz has been named manager of community relations for The Waters on Mayowood, a 175-unit seniors living community in Rochester, Minn. Read more...

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Minneapolis’ Ryan Companies hires new director of development

December 15, 2014 Carl Runck is the new director of development for the North region of Minneapolis-based Ryan Companies US. Read more...

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KeyBank Real Estate Capital closes $31 million in term debt for pair of seniors communities in Minnesota

December 14, 2014 KeyBank Real Estate Capital recently originated $31.75 million in Fannie Mae term debt for two Minneapolis/St. Paul-based senior housing communities. Read more...

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Opus wraps construction on Inn at Shattuck-St. Mary’s in Minnesota

December 12, 2014 The Opus Group in early December completed construction of The Inn at Shattuck-St. Mary’s, an 18,500-square-foot renovation and expansion of the historic Phelps Infirmary, originally built in 1867. The landmark was repurposed into an on-campus inn and event space for the Shattuck-St. Mary’s School in Faribault, Minn. Read more...

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HGA Architects and Engineers hire new project architect in Minnesota

December 09, 2014 Christine Lahr is a new project architect in the Rochester, Minn., office of HGA Architects and Engineers. Read more...

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