White Bear Lake
White Bear Lake, MN · Real Estate
multihousingnews.com
JPL Development Obtains $48M Refi for Suburban Minneapolis Apartments
JPL Development has secured a $48.3 million in permanent financing for The Edison at Maple Grove apartments, a 248-unit multifamily community located in Maple Grove, Minn. Freddie Mac provided the 10-year, fixed-rate, non recourse, full-term interest only loan, which retires previous construction financing. Mortgage banking firm Gantry secured the new funds.
unearththevoyage.com
America’s Longest Stretch Of Victorian Homes Is Hiding In This Minnesota City
Most people think of Victorian architecture and picture Boston, San Francisco, or Charleston. Very few think of Minnesota. But tucked inside St. Paul is a four-mile boulevard lined with some of the most remarkably preserved Victorian-era homes in the entire country, and it has been quietly standing there for well over a century. This stretch of grand mansions, cathedral spires, and tree-canopied sidewalks is considered the longest continuous example of Victorian residential architecture in the United States.
Community Reporter
Construction Begins On 90-Unit Grand Victoria Development
Construction is underway on The Grand Victoria, a 90-unit apartment and retail development that will replace a prominent vacant site along Grand Avenue in St. Paul. Afton Park Development and […] The post Construction Begins On 90-Unit Grand Victoria Development first appeared on Community Reporter .
FOX 9 Minneapolis-St. Paul
Mortgages in Minnesota increasingly underwater
connectcre.com
IRG Acquires 423K-SF Distribution Facility in St. Paul
Industrial Realty Group, LLC (IRG) has acquired a 422,727-square-foot industrial distribution facility located at 411 Farwell Avenue in South St. Paul, Minnesota, for $21 million. The property was formerly the headquarters of The Sportsman’s Guide, an online and catalog retailer. Situated on 19 acres in an established industrial corridor,...
alleynews.org
Innovative Permanently Affordable Townhomes Coming to Phillips
First Minnesota townhome project to be certified in energy efficient passive home design. These 10 energy-efficient, permanently affordable townhomes will be completed this year in Phillips Community. Applications being taken. Green On 14’s one, two, and four-bedroom units are next to the Midtown Greenway, close to the Midtown Global Market,...
connectcre.com
Inland Completes Equity Raise for St. Paul Opportunity Zone MF Project
Inland Real Estate Investment Corporation announced the completion of the approximately $28 million equity raise for Office Conversion Opportunity Zone, LLC, a private real estate investment vehicle structured to qualify as a Qualified Opportunity Fund and sponsored by an affiliate of Inland Investments. The offering has been fully subscribed and is now closed.
rejournals.com
Inland completes equity raise for QOZ project in downtown St. Paul
Inland Real Estate Investment Corporation completed the approximately $28 million equity raise for Office Conversion Opportunity Zone, LLC, a private real estate investment vehicle structured to qualify as a Qualified Opportunity Fund and sponsored by an affiliate of Inland Investments. The offering has been fully subscribed and is now closed.
tcbmag.com
More Flight to Quality, Fewer Vacancies: Checking In on the Office Market
The Twin Cities’ pattern of high office vacancies stopped expanding and even shrank a little in this year’s second quarter. It signals some progress in a post-Covid mission: to transform forsaken offices into—for the most part—apartments, warehouses, or their component parts. The metro office vacancy sits...
KSTP 5 Eyewitness News Minneapolis-St. Paul MN
Rising costs to develop affordable housing in the Twin Cities prompt new calls to ‘do better’
5 INVESTIGATES found high per-unit costs are common at taxpayer-subsidized developments and are a source of controversy and frustration in a decades-long debate about how to resolve an affordable housing crisis in the Twin Cities.
rejournals.com
A modern office building gets a second act in St. Paul
Developers are increasingly transforming struggling office space into multifamily developments. And usually, developers target offices with old bones for this process. Think vintage office towers, historic masonry facades and obsolete floor plans from the 1920s and 1930s. Developers view these buildings as natural fits for multifamily conversions because of the history behind the properties and the often stunning architecture that they boast.
realtytimes.com
Why Fridley Is the Twin Cities' Underrated Value Suburb: A Newcomer's Guide
When newcomers start their Twin Cities suburb search, the same handful of names come up again and again, and Fridley is rarely one of them. That is precisely why it deserves a closer look. Tucked directly north of Minneapolis along the Mississippi River, Fridley is an established inner-ring suburb that quietly offers something increasingly hard to find in the metro: genuine affordability within minutes of the city, without sacrificing convenience, character, or access to nature. For buyers priced out of the trendier suburbs or looking to stretch their budget further, Fridley is one of the Twin Cities' best-kept secrets. Here is why it belongs on your list.
northloop.org
The Now Massage: Vacation Vibes Without Leaving North Loop
The Now Massage: Vacation Vibes Without Leaving North Loop. When Luise Belisle lived in Santa Monica several years back, she and her friends made visits to The NOW Massage part of their regular routine. Fast-forward to today in North Loop, and Belisle is now a franchise owner herself, opening the first Minnesota location for the LA-based brand founded in 2015.
Monticello Times
Kratky earns another shot at House District 29B seat
Monticello resident Colton Kratky handily won the DFL nomination for Minnesota House District 29B in Tuesday’s primary election, setting up a November rematch with Republican Rep. Marion Rarick. Kratky received 638 votes, or 59.4%, while Marcus D. Claxton received 437 votes, or 40.7%, according to unofficial results from the Minnesota Secretary of State’s Office. All 14 precincts had reported as of 9:38 p.m. Both candidates are Monticello residents. Kratky said he was “very happy” with the result and encouraged that his campaign efforts had paid off. “It’s nice to know that what I was doing was working,” he said. Kratky credited his previous campaign with giving him name recognition and experience. He also said attending community events and knocking on doors helped voters learn where he stood on the issues. As he moves into the general election, Kratky said he plans to increase his door-knocking efforts, particularly among independent voters, and continue sharing his positions with residents. “I really just try to meet as many people as possible in the district, to let them get to know me as a person and not just a name or a party letter,” he said. Kratky thanked voters for their support and said