Category Archives: Minnesota real estate

Are the days of soaring apartment rents coming to an end?

by Dan Rafter Monthly apartment rents across the country remain high. But it appears that these rents might be rising at a slower clip throughout 2017. Yardi Matrix recently released its February rent survey, finding that the average U.S. monthly … Continue reading

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Marcus & Millichap report: All is not gloomy for retailers

by Dan Rafter You might think that all brick-and-mortar retailers are struggling today, what with Amazon and online sales a constant threat. But the truth is more complicated, as the latest national retail forecast from Marcus & Millichap highlights. Yes, … Continue reading

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Plenty of construction projects keeping developers busy in Minneapolis/St. Paul market

by Dan Rafter Construction activity is rising across the country. The Midwest is no exception, with cranes soaring into the skies of cities from St. Louis and Kansas City to Omaha and Chicago. And one of the busiest of all … Continue reading

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Finance pros: Multifamily market still booming, overbuilding not yet a concern in Midwest

by Dan Rafter Minneapolis’ Dougherty Mortgage has been busy, fielding plenty of financing requests from investors who want to acquire and developers who want to build apartment complexes in the markets this commercial lender serves. Dougherty Mortgage isn’t alone, either. … Continue reading

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More good news for multifamily brokers, developers: Number of renter-dominated cities keeps growing

by Dan Rafter Here is some good news for brokers and developers working in the multifamily business: In 21 U.S. cities with a population of 100,000 or more, more than 50 percent of the households are made up of renters, … Continue reading

Posted in Detroit commercial real estate, Illinois, Illinois real estate, Indiana commercial real estate, Indianapolis commercial real estate, Michigan commercial real estate, Minneapolis commercial real estate, Minnesota real estate, Missouri commercial real estate, multi-family, Tennessee | Tagged , , , , , , , , , , | 1 Comment

Want to spend less on commercial construction costs? Build now, not later

by Dan Rafter Ready to tackle a large-scale commercial construction project? Mortenson has some advice: Build now. That’s because Mortenson’s quarterly Construction Cost Index predicts that commercial construction costs will rise in six major markets across the country, including three … Continue reading

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A red-hot market? Data center business continues to boom

by Dan Rafter Microsoft, Oracle and a host of financial firms gobbled up big swaths of space in data centers across the Chicago market in 2016. These users helped make Chicago the third-busiest market for data center activity last year, … Continue reading

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