Shakopee
REAL ESTATE
Wells Fargo Breaks Ground on Minneapolis MXU Affordable Housing
Wells Fargo and Project for Pride in Living will break ground on a mixed-use affordable housing development in South Minneapolis. The new six-story development, known as Opportunity Crossing, will include 110 units of affordable housing, first-floor commercial space to provide small businesses with ownership opportunities, and a new Wells Fargo branch.
Hennepin County Board candidate had real estate license revoked for 'fraudulent practices'
EDINA, Minn — Embattled Hennepin County Board Candidate Marissa Simonetti, charged with 5th-degree assault after allegedly throwing a tarantula at a tenant in the Edina home where she lives, says she is the managing owner of "Simonetti Real Estate Team." But documents from the Minnesota Department of Commerce raise...
Developers look to attract first-time home buyers by curbing costs
ANOKA, Minn. — In the Twin Cities, new home listings are down, pending sales have fallen and mortgage rates are measurably higher than they were a year ago.Home prices are increasing faster than incomes, making it tougher than ever for first-time homebuyers to make a purchase."We got lucky finding this model and it being in our price range," said first-time homebuyer Sofie Walz.Sofie and her husband Wesley closed on their new home in Cologne last week."It took us about a year and a half, two years to get a good solid down payment," he said.The newlyweds say despite high home...
Minneapolis 2040 Plan Back in Action, Pioneering Affordable Housing and Zoning Reforms Set to Tackle Shortage and Segregation
The protracted legal scuffle halting Minneapolis housing projects has finally seen resolution, allowing the Minneapolis 2040 Comprehensive Plan, a framework for boosting housing affordability and diversity, to get back on track. On Tuesday, city officials alongside developers rejoiced over the legislative breakthrough that gives the green light to previously stalled housing developments, as reported by the City of Minneapolis. Mayor Jacob Frey emphasized the plan's wider implications, crediting it for the city's leading efforts in affordable housing and the dismantling of historical segregation, with State Senator Omar Fateh and State Representative Sydney Jordan highlighting its pioneering stance on reversing exclusionary zoning.
Single-family construction remains strong, apartments take step back in June
At the midway point of the year, the Twin Cities residential construction market continues to be a house divided with strength in single-family construction starts tempered by a major slowdown in plan...
Transwestern Markets 32-Acre Site in Bloomington
Transwestern Real Estate Services (TRS) has been retained by Bethany Global University to market and sell its 32-acre campus in Bloomington, Minnesota. Mike Salmen and Erik Coglianese are managing the sale on behalf of the seller. The property has been owned by Bethany since the 1940s and is being offered...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.