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Report: Tight Twin Cities housing market to continue in 2017
News 1 day ago
Report: Tight Twin Cities housing market to continue in 2017

A "persistently low" supply of homes for sale across the 13-county Twin Cities metro will result in a 5 percent increase in the median sale price,...

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TCF makes suburbs home away from home
News 2 days ago
TCF makes suburbs home away from home

TCF Bank has made its new, consolidated offices in Plymouth feel more like its longtime former home in downtown Minneapolis. It has brought cafes...

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Apartments fuel U.S. home construction jump
News 2 days ago
Apartments fuel U.S. home construction jump

WASHINGTON- U.S. builders ramped up home construction in December, led by a surge of apartment building, while single-family houses lagged. Housing...

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A revolving door for retailers on Nicollet Mall
News 3 days ago
A revolving door for retailers on Nicollet Mall

"When they changed to Macy's, the store did market research that said 85 percent of respondents wouldn't be influenced by the name change if they...

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Target cuts profit outlook after bumpy holiday season
News 3 days ago
Target cuts profit outlook after bumpy holiday season

NEW YORK- Target cut its fourth-quarter profit and sales outlook after sluggish holiday traffic in its stores and weak sales in key areas like...

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Target to occupy office space in Thor HQ building
News 4 days ago
Target to occupy office space in Thor HQ building

From left, Thor chairman and founder Richard Copeland, Gov. Mark Dayton, Thor CEO Ravi Norman and Target CEO Brian Cornell take part in a...

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Twin Cities Realtors recap bustling 2016
News 4 days ago
Twin Cities Realtors recap bustling 2016

Cotty Lowry, left, and Tina Angell, delivered a year-end home sales report Tuesday on behalf of the Minneapolis Area Association of Realtors and...

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Feds allege KleinBank used discriminatory lending practices
News 5 days ago
Feds allege KleinBank used discriminatory lending practices

MINNEAPOLIS- The U.S. Department of Justice has sued a Minnesota bank for allegedly engaging in mortgage lending practices that discriminate...

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Status report: Lennar’s NordHaus project
News 6 days ago
Status report: Lennar’s NordHaus project

Lennar Multifamily's NordHaus project includes a 20-story tower connected by walkway to a six-story low-rise. (Staff photo: Bill Klotz) Lennar...

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Homebuilders see profit in Trump
News 1 week ago
Homebuilders see profit in Trump

As Don Huffines sees it, Donald Trump's election instantly made his Dallas-area pastureland much more valuable. That's because the residential...

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Upper Harbor Terminal open house scheduled
News 1 week ago
Upper Harbor Terminal open house scheduled

The Minneapolis Parks and Recreation Board is seeking more public input on how it and the city of Minneapolis should redevelop the Upper Harbor...

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Micro mania in Minneapolis? CPM pitches tiny apartments
News 1 week ago
Micro mania in Minneapolis? CPM pitches tiny apartments

Another new micro apartment project has been proposed in Minneapolis, this time at the busy intersection of Lyndale and Franklin avenues in the...

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NCAA planning committee opens office space that ‘inspires’
News 1 week ago
NCAA planning committee opens office space that ‘inspires’

NCAA planning committee opens office space that ‘inspires' From the decorative backboards to the authentic basketball court flooring, the newly...

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Hennepin County awards transit-oriented development grants
News 2 weeks ago
Hennepin County awards transit-oriented development grants

The Theatre Garage Marquee Apartments development, at the southwest corner of Franklin and Lyndale avenues in Minneapolis, will benefit from a $150...

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Mike Gelfman, Steve Shepherd selected for Norman Pointe II leasing
News 2 weeks ago
Mike Gelfman, Steve Shepherd selected for Norman Pointe II leasing

Mike Gelfman and Steve Shepherd, both vice presidents with the Twin Cities office of Colliers International, have been selected as exclusive...

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Ohio becomes 1st state to ban plywood on vacant properties
News 2 weeks ago
Ohio becomes 1st state to ban plywood on vacant properties

COLUMBUS, Ohio- Boarded-up property will no longer be synonymous with blight in Ohio. The state became the first in the nation this week to outlaw...

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Robots, interactive mirrors coming to stores
News 2 weeks ago
Robots, interactive mirrors coming to stores

LAS VEGAS- Tomorrow's retail stores want to take a page from their online rivals by embracing advanced technology- everything from helpful robots...

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Mark Reiling joins Schafer Richardson
News 2 weeks ago
Mark Reiling joins Schafer Richardson

Commercial real estate veteran Mark Reiling has joined Schafer Richardson as a partner, the Minneapolis-based development company announced...

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Gov. Dayton wants $1.5B for public works
News 2 weeks ago
Gov. Dayton wants $1.5B for public works

Gov. Mark Dayton is recommending a $1.5 billion bonding bill for construction and upkeep projects throughout the state, but the hefty borrowing...

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Macy’s confirms deal to sell, close downtown Minneapolis store
News 2 weeks ago
Macy’s confirms deal to sell, close downtown Minneapolis store

Macy's confirms deal to sell, close downtown Minneapolis store Macy's Inc. confirmed on Wednesday that it will close its downtown Minneapolis store...

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Mortgage rates, home sales seen rising in 2017
News 2 weeks ago
Mortgage rates, home sales seen rising in 2017

Nate Lowenstein has been shopping for a home in Los Angeles, on and off, for more than a year. His search has been stymied by a stubbornly low...

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Council committee grants United extension for ‘Gateway Project’
News 2 weeks ago
Council committee grants United extension for ‘Gateway Project’

Council committee grants United extension for ‘Gateway Project' A Minneapolis City Council committee signed off Tuesday on a request by United...

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Team led by United clears first hurdle for Upper Harbor
News 2 weeks ago
Team led by United clears first hurdle for Upper Harbor

A Minneapolis City Council committee on Tuesday unanimously approved the selection of a master development team headed by United Properties to...

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Terminal team recommendations coming in January
News 3 weeks ago
Terminal team recommendations coming in January

The possible selection of a team lead by Bloomington-based United Properties to redevelop Minneapolis' Upper Harbor Terminal property will be...

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Manhattan luxury co-ops fall out of favor as new condos beckon
News 3 weeks ago
Manhattan luxury co-ops fall out of favor as new condos beckon

The luxury Manhattan co-op, a longtime sign of real estate prestige and exclusivity in New York, may be losing its appeal. Blame a glut of newly...

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U.S. pending home sales fell in November
News 3 weeks ago
U.S. pending home sales fell in November

WASHINGTON- Fewer Americans signed contracts to buy homes in November. The decrease likely reflects the drag caused by rising mortgage rates and...

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Twin Cities housing permitting grows in December
News 3 weeks ago
Twin Cities housing permitting grows in December

The permitting of single-family homes and multifamily projects increased in December, although at a lower project value than a smaller number...

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U.S. home prices increase 5.1 percent in October
News 3 weeks ago
U.S. home prices increase 5.1 percent in October

WASHINGTON- U.S. home prices rose again in October as buyers bidding for scarce properties drove prices higher. The Standard & Poor's CoreLogic...

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Minnesota companies find ways to give back
News 4 weeks ago
Minnesota companies find ways to give back

Toys were overflowing in the Aeon offices in downtown Minneapolis this season ahead of Christmas and Hanukkah, filling common areas and cubicles...

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Midwest buying spree lifted new-home sales in November
News 1 month ago
Midwest buying spree lifted new-home sales in November

WASHINGTON- A buying spree in the Midwest spurred new U.S. home sales last month to the fastest pace since July. The Commerce Department said...

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