Category Archives: St. Paul commercial real estate

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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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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Yardi Matrix predicting solid apartment rent growth in Kansas City, Nashville and Knoxville

by Dan Rafter Average apartment rents in the United States rose another $10 in June, marking the third straight month of double-digit gains, according to the latest apartment rent survey by Yardi Matrix. According to the Yardi Matrix survey of … Continue reading

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NorthMarq’s Blumberg: Skin in the game matters when it comes to commercial financing

by Dan Rafter Midwest Real Estate News recently spoke to Susan Blumberg, senior vice president and managing director with the Chicago office of NorthMarq Capital, about how busy developers and investors are these days when it comes to requesting commercial … Continue reading

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More Midwest cities now earning high walkability scores

  by Dan Rafter Cities are investing more dollars into making their neighborhoods friendlier to pedestrians. And that’s good news: A growing number of people are interested in moving to urban areas in which they can walk to stores, restaurants, public … Continue reading

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Apartment rents reach another all-time high

by Dan Rafter Apartment living isn’t getting any cheaper, with the amount that renters are paying each month in rent rising yet again in May. The most recent Yardi Matrix multifamily report said that the nationwide average apartment rent rose … Continue reading

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CBRE report: Minneapolis becoming a hot spot for microbreweries

by Dan Rafter Minneapolis has become a hub for microbreweries, according to research from CBRE. CBRE reported that since 2011, microbreweries with taprooms have occupied more than 480,500 square feet in the metropolitan Minneapolis area. Credit the 2011 “Surly Law,” … Continue reading

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