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Toronto leads Canada’s gain in home sales
News 1 day ago
Toronto leads Canada’s gain in home sales

Canadian home sales rose in June at the fastest pace this year, led by a 17 percent surge in Toronto, a sign the market may be regaining strength....

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Brexit adds to ‘overheated’ Dutch housing market
News 1 day ago
Brexit adds to ‘overheated’ Dutch housing market

The Dutch housing market is showing no signs of cooling. In the second quarter, weighted median transaction prices in the Netherlands climbed 10.4...

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One dorm strategy: wait for investors to fail
News 4 days ago
One dorm strategy: wait for investors to fail

While investors increasingly look for a home in student housing, Harrison Street’s Chris Merrill has been around the block. He anticipates...

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Thrivent, Lennar, Doran among cleanup grant recipients
News 4 days ago
Thrivent, Lennar, Doran among cleanup grant recipients

Thrivent Financial is getting a little help from the state as it starts work on its new downtown Minneapolis headquarters building. The nonprofit...

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News 4 days ago
Just Sold: Appraiser uses skills to build portfolio

Robert Lunieski has built his career determining the value of properties across the Twin Cities for clients who are buying or selling them. Robert...

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Homeowners reluctant to tap home equity
News 5 days ago
Homeowners reluctant to tap home equity

Homeowners are sitting on a record amount of equity, but this time they’re stubbornly reluctant to borrow against it. Strong home price...

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PCL moves to bigger space in Edina
News 5 days ago
PCL moves to bigger space in Edina

After 20 years in Burnsville, PCL Construction is moving its Twin Cities office to a larger 40,000-square-foot location in Edina. The new two-level...

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Canada’s luxury-home sales plunge amid new rules
News 6 days ago
Canada’s luxury-home sales plunge amid new rules

Canada set out to cool a hot housing market, and did it ever. Luxury-property sales in the nation’s priciest markets fell sharply in the first half...

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The premium for homes by water is falling
News 6 days ago
The premium for homes by water is falling

Waterfront living doesn’t hold the allure it once did. Or is it just that living everywhere else has gotten so expensive? Homes with access to a...

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State seeks designs for veterans homes
News 1 week ago
State seeks designs for veterans homes

The state agency overseeing design and construction plans for three new veterans homes in Bemidji, Preston and Montevideo is taking the somewhat...

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WeWork rival raises $152M for expansion
News 1 week ago
WeWork rival raises $152M for expansion

Convene, a New York-based real estate startup that specializes in flexible meeting and working space, has raised $152 million from investors...

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Startup matches landowners with campers
News 1 week ago
Startup matches landowners with campers

BERLIN, N.Y. — The idea came to Michael D’Agostino as he was driving past a beautiful farm and imagined what it would be like to camp there. “It...

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Mall landlords restrict exit options for small tenants
News 1 week ago
Mall landlords restrict exit options for small tenants

The only thing more dangerous for America’s malls than a string of apparel-chain bankruptcies is when the trouble hits department stores. Retailers...

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Reports: Minneapolis drawing more bank office space
News 1 week ago
Reports: Minneapolis drawing more bank office space

Two recent reports concerning banking real estate show that Minneapolis likely will see more new office space built over the next five years, even...

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Single Hong Kong parking space sells for $765,000
News 1 week ago
Single Hong Kong parking space sells for $765,000

Spare a thought for Hong Kong’s beleaguered car owners. The market for parking spaces is hotter than ever as a single spot in a luxury development...

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U.S. construction spending rose 0.4 percent in May
News 2 weeks ago
U.S. construction spending rose 0.4 percent in May

WASHINGTON — Spending on U.S. construction projects edged up 0.4 percent in May, while April's figure was revised down significantly — signs that...

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Rising Young Professionals of 2018: Tyler Allen
News 2 weeks ago
Rising Young Professionals of 2018: Tyler Allen

Tyler Allen remembers how he first became fixated on real estate. While attending high school in Eden Prairie, he began noticing the built...

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Foxconn awards $14 million work for first building
News 2 weeks ago
Foxconn awards $14 million work for first building

By Nate Beck The Daily Reporter Foxconn Technology Group has awarded $14 million worth of work to eight contractors, which will now be charged with...

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Toys R Us closing its last stores
News 2 weeks ago
Toys R Us closing its last stores

NEW YORK — Toys R Us is closing its last U.S. stores by Friday, the end of a chain known to generations of children and parents for its sprawling...

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Investors buying NYC condos at a record pace
News 2 weeks ago
Investors buying NYC condos at a record pace

At a new luxury-condo building in Brooklyn, one buyer told broker Ryan Serhant that she’d like three apartments — one for herself to live in, and...

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U.S. pending home sales fell 0.5% in May
News 2 weeks ago
U.S. pending home sales fell 0.5% in May

WASHINGTON — Fewer Americans signed contracts to purchase homes in May, as sales are being stifled by a shortage of properties on the market. The...

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Developers want to add apartments to Chicago’s Union Station
News 2 weeks ago
Developers want to add apartments to Chicago’s Union Station

CHICAGO — Developers are proposing a seven-story glass apartment tower to be built atop Chicago’s historic Union Station. The Chicago Sun-Times...

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TC Habitat for Humanity gets $25M line of credit
News 3 weeks ago
TC Habitat for Humanity gets $25M line of credit

A new partnership with the Minnesota Housing agency will help Habitat for Humanity open more doors to homeownership for lower income people in the...

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Where people made the most selling their homes
News 3 weeks ago
Where people made the most selling their homes

Americans selling homes in the nation’s hottest market last year made enough to turn around and buy a place for cash — and still have spare change...

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Home prices march upward amid low supply
News 3 weeks ago
Home prices march upward amid low supply

WASHINGTON — U.S. home prices rose in April from a year earlier, lifted by bidding wars in many cities where would-be buyers fought over a sparse...

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Ryan Cos. named developer for Ford site
News 3 weeks ago
Ryan Cos. named developer for Ford site

Minneapolis-based Ryan Cos. US Inc. said Monday that it has been selected to redevelop Ford Motor Co.'s former plant site in St. Paul’s Highland...

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U.S. new-home sales climbed 6.7% in May
News 3 weeks ago
U.S. new-home sales climbed 6.7% in May

WASHINGTON — Sales of new U.S. homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce...

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American Dream a winner with bondholders
News 3 weeks ago
American Dream a winner with bondholders

A year ago, about $1.1 billion of tax-exempt bonds were sold to finish the American Dream complex in New Jersey’s Meadowlands, a project that’s a...

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Activist investor urges Saks’ owner mimic Macy’s
News 3 weeks ago
Activist investor urges Saks’ owner mimic Macy’s

Activist investor Jonathan Litt is again urging Hudson’s Bay Co. to explore ways to unlock the value of its real estate, arguing the owner of Saks...

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U.S. home sales fell in May amid inventory crunch
News 3 weeks ago
U.S. home sales fell in May amid inventory crunch

WASHINGTON — U.S. existing home sales slipped 0.4 percent in May, as the prolonged shortage of properties on the market is deterring home-buying....

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