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TWIN CITIES REAL ESTATE NEWS

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Minneapolis / St. Paul Business Journal

01/17/2018
Twin Cities developer buys Wayzata Bay estate for $6.4 million

Minneapolis / St. Paul Business Journal
A well-known Twin Cities developer has purchased a Woodland estate for $6.4 million, the highest price for a home sale so far in 2018. Mark Davis, principal of Minneapolis-based Davis Group, a medical-office development, brokerage and consulting firm ...



TwinCities.com-Pioneer Press

01/18/2018
Giving up on reuse, Fergus Falls moves to demolish old state mental hospital

TwinCities.com-Pioneer Press
“We're at the point where we need to take the buildings down.” Kirkbride was first built in the 1890s and is listed on the National Register of Historic Buildings. The Minnesota State Historic Preservation Office will have to sign off on any plans. The ...

and more »


Minneapolis / St. Paul Business Journal

12/26/2017
2017 Year in Review: Mergers and other shakeups shift Twin Cities housing industry

Minneapolis / St. Paul Business Journal
In September, Minneapolis-based HomeServices of America, part of Warren Buffett's Berkshire Hathaway Inc. and owner of Edina Realty, bought Long & Foster Cos., one of the largest private residential real estate companies in the United States, for an ...

and more »


TwinCities.com-Pioneer Press

01/16/2018
Treasure Island Center ribbon-cutting brings optimism for 'too long' vacant downtown Macy's site

TwinCities.com-Pioneer Press
“I figured out how to turn it into a hole in the ground, and that was a big ugly number,” said Hilleman, the Port Authority's senior vice president of real estate development. They abruptly changed course. Rather than ask the private sector to spend ...

and more »


01/12/2018
2018 real estate outlook: Developers still bullish on apartments, warehouses, not so much on office

Minneapolis / St. Paul Business Journal
“We expect 2018 to look a lot like 2017 — continued new construction starts for well-capitalized developers, continued capital interest in our market and continued shortage of affordable [multifamily] product,” wrote Mark Decker, CEO of North Dakota ...



Minneapolis Star Tribune

01/02/2018
Twin Cities home prices are rising fast, but not like those in Rochester and Duluth

Minneapolis Star Tribune
”We are seeing strong growth and demand overall,” said Shawn Buryska, an associate broker in the Coldwell Banker Burnet real estate office in Rochester. He said the CoreLogic report is consistent with what he is seeing firsthand in the area, which is ...

and more »


Minneapolis Star Tribune

01/04/2018
Real estate notebook: Apartment deals accelerated at year's end

Minneapolis Star Tribune
We have already reported about the astounding 19 offers that were made on the Riverwalk Townhomes and Flats, an apartment and office condo property in Minneapolis' North Loop. The Cushman & Wakefield team of Lance Steiger and Robert Dulin represented ...

and more »


Minneapolis Star Tribune

01/17/2018
5 Twin Cities restaurant openings and closings you should know about

Minneapolis Star Tribune
St. Paul restaurateur Tim Niver and his Saint Dinette crew are headed across the river to open a new deli and bar. Niver's newest project, an unnamed deli and cocktail bar in the former Tinto (901 W. Lake St., Mpls.), will sport house-made Montreal ...

and more »


01/07/2018
Business People: Sunday, Jan. 7

TwinCities.com-Pioneer Press
They will be based in the firm's Minneapolis office. … Minneapolis-based health care real estate development firm Davis has won the national HREI Insights Award from Healthcare Real Estate Insights for the HealthEast Clinic & Specialty Center in ...



Minneapolis Star Tribune

01/11/2018
Large portfolio of Twin Cities medical office buildings sold

Minneapolis Star Tribune
Fifteen Twin Cities medical office buildings and clinics have recently switched hands as part of a $400 million deal. IRET, a real estate company based in Minneapolis and Minot, N.D., has sold 25 medical office buildings to Harrison Street Real Estate ...