Category Archives: St. Paul commercial 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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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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Marcus & Millichap: Apartment market still sizzling as 2016 ends

by Dan Rafter Employers added more than 147,000 jobs from July through September in the Indianapolis market. That’s good news for apartment owners and developers: These jobs are drawing new people to the region, and these new residents need housing. … Continue reading

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The suburban apartment market is stronger than you think

Guest post by David Carlson, Redwood Capital Group Many real estate experts predicted that the multifamily market would run out of steam three years ago, and some are now saying they expect to see apartments take a dive next year.  … Continue reading

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