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Minneapolis City Council OKs Section 8 rule
News 15 hours ago
Minneapolis City Council OKs Section 8 rule

The Minneapolis City Council unanimously approved a controversial measure prohibiting local landlords from having a blanket policy against...

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Feds: Trump D.C. hotel not in violation of government lease
News 1 day ago
Feds: Trump D.C. hotel not in violation of government lease

WASHINGTON- The federal agency overseeing Donald Trump's lease for a luxury hotel in Washington ruled Thursday that his inauguration as president...

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Northland Plaza is now Bell Plaza
News 1 day ago
Northland Plaza is now Bell Plaza

Fargo-based Bell Bank recently completed the branding of the 15-story Bell Plaza building at 3800 American Blvd. W. in Bloomington. The building...

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Renters now rule half of U.S. cities
News 1 day ago
Renters now rule half of U.S. cities

Detroit was once known as a city where a working-class family could afford to own a home. Now it's a city of renters. Just 49 percent of Motor City...

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New-home sales rise despite pricier mortgages
News 1 day ago
New-home sales rise despite pricier mortgages

WASHINGTON- Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home sales rose 6...

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Home sales slowed in February after January surge
News 2 days ago
Home sales slowed in February after January surge

WASHINGTON- Americans retreated from buying existing homes in February, a pullback after sales in January had surged to the fastest pace in a...

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Sears has ‘substantial doubt’ about its future
News 2 days ago
Sears has ‘substantial doubt’ about its future

Sears has ‘substantial doubt' about its future NEW YORK- Sears, once the monolith of American retail, says that there is "substantial doubt" that...

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Contractor Thor adds design, development divisions
News 4 days ago
Contractor Thor adds design, development divisions

Fridley-based Thor Construction's expansion in the local market is manifesting itself in both physical construction and new services. Building off...

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Proposed Section 8 mandate riles landlords
News 4 days ago
Proposed Section 8 mandate riles landlords

A battle is brewing at Minneapolis City Hall over a proposed change to the city's anti-discrimination codes that would prohibit landlords from...

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Wall Cos. shifts gears in Prospect Park
News 1 week ago
Wall Cos. shifts gears in Prospect Park

Wall Cos. is putting the final touches on a major redevelopment plan in Minneapolis' Prospect Park neighborhood called Malcolm Yards, which would...

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Single-family boosts February home starts
News 1 week ago
Single-family boosts February home starts

WASHINGTON- U.S. builders broke ground on new homes at a faster pace in February, a sign that developers expect solid sales growth this year...

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Incredible shrinking inventory in housing market
News 1 week ago
Incredible shrinking inventory in housing market

The number of homes for sale in the Twin Cities increased slightly in February, but is still so low that Realtors are urging more sellers to...

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St. Paul mayoral candidates weigh Midway’s future
News 1 week ago
St. Paul mayoral candidates weigh Midway’s future

St. Paul mayoral candidates weigh Midway's future Will Minnesota United's new soccer stadium revitalize St. Paul's Midway neighborhood? As far as...

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U.S. spending at retail stores up slightly last month
News 1 week ago
U.S. spending at retail stores up slightly last month

WASHINGTON- Americans spent only slightly more last month at retail stores compared with January, a sign of consumer caution despite rising...

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First black regional-bank chief to lead Atlanta Fed
News 1 week ago
First black regional-bank chief to lead Atlanta Fed

The Federal Reserve Bank of Atlanta on Monday said its next president will be Raphael Bostic, a professor at the University of Southern California...

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Gordmans files for bankruptcy, will liquidate
News 1 week ago
Gordmans files for bankruptcy, will liquidate

Gordmans Stores Inc., the century-old discount department store chain, filed for bankruptcy with plans to liquidate its inventory and assets. The...

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Minneapolis makes Armory a local landmark
News 2 weeks ago
Minneapolis makes Armory a local landmark

The City of Minneapolis has officially made its 81-year-old Armory an local historic landmark, which will give the council considerable say over...

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CSM, Duke projects face Brooklyn Park gauntlet
News 2 weeks ago
CSM, Duke projects face Brooklyn Park gauntlet

Brooklyn Park planning commissioners are looking for more variety and smaller scale in warehouses proposed for the city, including a Duke Realty...

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RadioShack files for second bankruptcy in 2 years
News 2 weeks ago
RadioShack files for second bankruptcy in 2 years

FORT WORTH, Texas- RadioShack has filed for Chapter 11 bankruptcy protection for the second time in just over two years, putting the future of the...

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Big changes predicted for commercial real estate
News 2 weeks ago
Big changes predicted for commercial real estate

A consultant who predicts a 2018 end to the current commercial real estate cycle says the industry will see fewer office and retail property sales,...

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Seeking trendier options in industrial districts
News 2 weeks ago
Seeking trendier options in industrial districts

DES MOINES, Iowa- Leaning over the map, Brian Vincent turned to a city official and asked, "Why does it show a park instead of my business?" The...

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NYC landmarks Art Deco interiors of Waldorf Astoria
News 2 weeks ago
NYC landmarks Art Deco interiors of Waldorf Astoria

NEW YORK- New York City on Tuesday landmarked some lavish public interiors at the Waldorf Astoria to save them as the hotel's Chinese owners start...

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Progress report on Vikings headquarters in Eagan
News 2 weeks ago
Progress report on Vikings headquarters in Eagan

Redevelopment of the former Northwest Airlines headquarters site in Eagan is taking off. Building permits with a construction value of about $87...

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Milwaukee mayor touts real estate development
News 2 weeks ago
Milwaukee mayor touts real estate development

MILWAUKEE- Milwaukee Mayor Tom Barrett highlighted the city's growth in real estate development during his annual State of the City address and...

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Cottage Grove apartments sell for $32M
News 3 weeks ago
Cottage Grove apartments sell for $32M

A 249-unit apartment complex just north of schools, a public library and the Gateway North shopping district in Cottage Grove has sold to a...

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Waldorf Astoria hotel closing for makeover
News 3 weeks ago
Waldorf Astoria hotel closing for makeover

NEW YORK- The word "grand" matched few hotels in the world better than New York City's Waldorf Astoria, but this bastion of gilded splendor is now...

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Icahn selling Trump Taj Mahal casino to Hard Rock
News 3 weeks ago
Icahn selling Trump Taj Mahal casino to Hard Rock

ATLANTIC CITY, N.J.- Billionaire investor Carl Icahn reached a deal Wednesday to sell the shuttered Trump Taj Mahal casino in Atlantic City to Hard...

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United Properties joins Macy’s project
News 3 weeks ago
United Properties joins Macy’s project

Bloomington-based United Properties will join the redevelopment of Macy's downtown Minneapolis store, adding to a list of local companies that...

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Downtown Macy’s store sells for $59M
News 3 weeks ago
Downtown Macy’s store sells for $59M

Cincinnati-based Macy's Inc. said Wednesday that it sold the downtown Minneapolis store for $59 million in cash to New York-based 601W Companies,...

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MNCAR awards top transactions of 2016
News 3 weeks ago
MNCAR awards top transactions of 2016

The record-setting $315 million sale of the City Center office tower in downtown Minneapolis headlined as the top commercial sale of the year at...

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