Category Archives: St. Paul commercial real estate

Morrissey’s view: Twin Cities hotel sector stronger than ever

by Dan Rafter Bill Morrissey has never seen a stronger hotel market in the Minneapolis/St. Paul market than the one he’s working in now. This is good timing. St. Paul, Minn.-based Morrissey Hospitality Companies is developing a four-story Hilton Home2 … Continue reading

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Are Midwest CRE pros getting enough exercise? Probably not

by Dan Rafter How healthy are all the commercial real estate pros selling office buildings and apartment towers throughout the Midwest? Not very, according to the latest survey from BetterDoctor.com. BetterDoctor ranked the top-50 most physically active cities in the … Continue reading

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Out-of-state investors targeting Minneapolis/St. Paul apartment market

by Dan Rafter Scott Streiff picked up this interesting bit of information while attending the 2015 National Multifamily Housing Council Apartment Strategies Outlook Conference in Palm Springs: A growing number of national and international investors are targeting the Twin Cities’ … Continue reading

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United Properties’ Eva Stevens: A teacher at heart

by Dan Rafter Eva Stevens considers herself a teacher at heart. That’s fortunate: As the new executive vice president and chief operating officer of Minneapolis-based United Properties, Stevens will have plenty of opportunities to teach. That suits this commercial real … Continue reading

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Diverse employment base, pent-up demand behind Twin Cities’ booming apartment market

By Dan Rafter A diverse employment base. That’s what Thomas O’Neil credits for the ongoing boom in apartment construction in the Minneapolis/St. Paul market. And O’Neil should know. He’s the vice president of Midwest FHA operations for Minneapolis-based Dougherty Mortgage, … Continue reading

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Dougherty Mortgage: Twin Cities’ multi-family market keeps growing

by Dan Rafter Here’s the big number: Since the beginning of 2010, developers have built more than 110 apartment projects with roughly 13,300 units in the Minneapolis/St. Paul market. That’s impressive. And it’s the highlight of Dougherty Mortgage’s Market Viewpoint … Continue reading

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Apartment boom hitting all of the Midwest’s major markets

by Dan Rafter 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 … Continue reading

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