Floyd
Floyd, IA · Real Estate
KIMT
Assisted living center proposed to be built on former site of Bob’s Trailer Park
ROCHESTER, Minn. (KIMT) - The proposal includes a two story, 61-unit assisted living facility to be built in the abandoned trailer park located at 1915 Marion Road SE. The park closed in May of 2023 after acts of vandalism, poor living conditions, and safety concerns plagued the low-income housing district.
winonapost.com
Winona survey: Curb appeal matters more than housing density
According to a recent Winona housing survey, respondents support increased housing density but want it to fit in with the neighborhood’s character. City staff proposed potential changes such as reducing parking minimums and allowing more duplexes to quadplexes, and plan to recommend formal changes to the city code based on the survey’s findings in the future. Winona Planning Commission members discussed enforcing design and quality standards.
kymnradio.net
Northfield HRA approves $50,000 in emergency rent assistance amid immigration-related economic disruption
The city of Northfield will provide $50,000 to the Community Action Center (CAC) for emergency rental assistance for people facing eviction amid recent federal immigration enforcement and related economic disruptions. The City Council, meeting Feb. 17 as the Northfield Housing and Redevelopment Authority (HRA), voted 6-0 to approve the funding...
KAAL-TV
Spring housing market check-in
(ABC 6 News) – The real estate market in Rochester is showing signs of activity as the spring season approaches. Karl Rogers, a realtor with Dwell Realty Group, highlighted that January is typically a slow month for real estate, but activity is picking up. “Showings are increasing, inventory is...
Faribault Daily News
Faribault School Board, Rice County Commissioners approve tax break for new apartments
A proposed 76-unit apartment development in Faribault moved closer to construction this week after both the Rice County Board of Commissioners and the Faribault School Board approved resolutions supporting the creation of a tax increment financing district for the project. Riverchase II, proposed by Hamilton Real Estate, would be located at 105 Riverchase Court and serve as a companion development to Riverchase I, which was completed in 2023 and is currently fully occupied. The project is planned as market-rate multifamily housing intended to address ongoing housing shortages and provide additional housing for local workers and their families. Schane Rudlang of Ehlers, serving as the city’s financial consultant, presented the proposal to both governing bodies. He explained that the city is considering establishing an economic development workforce housing tax-increment financing (TIF) district to support the approximately $13.4 million project, which would preclude the residential development from paying property taxes for a specified time period. Under Minnesota statute, this type of TIF district requires formal approval from both the county and school district before the city can proceed. Rudlang said the development includes 76 units ranging from studios to two-bedroom apartments and would operate under a nine-year TIF district. “What tax-increment financing
familydestinationsguide.com
This Charming Town In Minnesota Is So Affordable, Retirees Wished They Moved Sooner
Nestled in the heartland of southern Minnesota lies a place where retirement dreams don’t require a fortune to fulfill – a town where your nest egg stretches further and the quality of life rivals communities twice as expensive. Owatonna might not be on everyone’s retirement radar, but those...
KNOX News Radio
Rochester, Minnesota’s 2025 housing market year in review
Rochester, Minnesota’s 2025 housing market year in review. In 2025, the U.S. housing market largely continued the sluggish trends that have defined the post-pandemic years: high prices, elevated mortgage rates, and persistent economic uncertainty. Historically few homes sold through November 2025, and as sellers struggled to find buyers, many chose not to list at all. That pullback reduced inventory throughout the year, which in turn kept prices elevated.
rejournals.com
Marcus & Millichap facilitates sale of 72-unit multifamily property in Rochester
Marcus & Millichap brokered the sale of Sutton Place Apartments, a 72-unit multifamily property in Rochester, Minnesota, for $5,025,000. Abe Roberts and Michael Jacobs, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, Park Place Apartments Mgmt., LLC, and procured the buyer, LRE Rochester 2, LLC.
connectcre.com
Standard Communities Acquires 50-Unit Affordable Housing Property in MN
Standard Communities acquired Jefferson Square, a 50-unit townhome community in Northfield, Minnesota, in an $8 million transaction. Located at 1356 Jefferson Road, Jefferson Square spans 5.2 acres and includes nine residential buildings, three parking structures, and an administrative building. Originally redeveloped in 2010, Jefferson Square offers spacious two-, three-, and four-bedroom townhomes averaging 1,130 square feet.
KTTC
Midwest Access: American Cooperative - Unique Home Ownership Options
winonajournal.com
Winona home sales in December 2025
WINONA, Minn. – Among residential property sales logged by Bob Bambenek, county recorder, in December:. 1432 Highland Drive: Beyerstedt to Molling, $615,0000. 75 Debi Lei Drive: Mollings to Warneke, $407,000. 182 Treetops Lane: Mounce to Haase, $385,000. 42571 Lisa Lake: Harding/Stage to Cervantes/Wilkerson, $345,000. 23146 Highway 43: Hansen to...