Category Archives: Minnesota real estate

Berkadia’s Blechschmidt: Few concerns about overbuilding in Midwest apartment market

by Dan Rafter   Midwest Real Estate News recently spoke with Chris Blechschmidt, general manager in the Chicago office of Berkadia, about the strength of the Midwest apartment market and the strengths that borrowers have to display when seeking financing … Continue reading

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AppFolio: Apartment rents to keep rising, just not as quickly

  by Dan Rafter What word best describes the U.S. apartment market today? AppFolio, in its latest research report, points to “growth.” That’s the key word that the company, which provides property-management software, refers to in its 2016 Apartment Forecast … Continue reading

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Apartment rents keep soaring in Nashville, Minneapolis

by Dan Rater Want to rent an apartment in Nashville or Minneapolis? It’s not cheap, and it’s getting more expensive, according to the lastest numbers from apartment-research company Abodo. Abodo reported that in August, the average one-bedroom rent stood at … Continue reading

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Limited-service hotels leading the way in hospitality boom

  by Dan Rafter Is this the longest upswing in the Minneapolis hotel market in … forever? It just might be. Just ask Ronn Thomas, senior director of hospitality for Cushman & Wakefield/NorthMarq. “It’s pretty impressive how long this cycle … Continue reading

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Vikings, Kraus-Anderson start construction of new training facility and headquarters near Minneapolis

by Dan Rafter The Minnesota Vikings began construction earlier this week on their new practice facility and team headquarters. If all goes according to plan, the Vikings’ new campus in Eagan, Minnesota, will open in March of 2018. Kraus-Anderson Construction … Continue reading

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Whole Foods’ new distribution center to make big impact on Chicago’s South Side, entire Midwest

by Dan Rafter Whole Foods this week began construction of a new Midwest distribution center that will bring more than 100 new jobs to the South Side of Chicago and help the company better serve its growing roster of stores … Continue reading

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Office vacancy rates fall to lowest level since 2008

by Dan Rafter The office sector isn’t as hot as multifamily or industrial. But this sector is seeing steady improvement across the nation, according to the latest numbers from CBRE. According to CBRE, the vacancy rate of the U.S. office … Continue reading

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