Inver Grove Heights
REAL ESTATE
How some are winning the Twin Cities' hot home market
Anne Levos knows it's a brutal time to be a home shopper — that's why she's starting her Twin Cities search nearly a year in advance.Why it matters: Just 21% of Americans say now is a good time to buy, according to the latest Gallup survey.What they're saying: "If we start now, we can be pickier," Levos tells Axios.Her and her husband's goal is to be in their new place by next spring — ideally, a 4-bedroom, 2-bathroom house in the south metro near Eagan and Apple Valley.Catch up quick: Steep home prices, high mortgage rates and a lack of...
Standard Communities acquires 96-unit affordable-housing community in Stillwater
Standard Communities made its first investment in Minnesota, acquiring Rivertown Commons, a 96-unit 100% affordable community for seniors and individuals with disabilities in Stillwater, Minnesota. The transaction is capitalized at $27.8 million. Standard completed the acquisition in partnership with the Washington County Community Development Agency and the Minnesota Housing Finance...
Q&A: New Land Bank Twin Cities CEO Aarica L. Coleman on real estate
Last month, Land Bank Twin Cities announced it was bringing aboard a new CEO after about a year of searching — Aarica L. Coleman. Land Bank is a nonprofit that was formed during the foreclosure c...
Interview: Mary Stoick, senior vice president/director of tax credit lending, Sunrise Banks
Beyond the Skyline is a podcast about economic development, commercial real estate and construction in Minnesota. Above all, it’s a show about what’s next, creativity and the innovation in technology ...
Inland Fully Subscribes Minnesota-Based $76.7 Million Senior Living DST
Inland Private Capital Corporation, a real estate investment manager, has completed a $76.7 million capital raise for the private investment offering of Minneapolis MSA Senior Living Portfolio DST, an Inland Private Capital-sponsored Delaware statutory trusts. The offering has been fully subscribed by investors and is now closed. The DST owns...
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