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Other Top Stories

  • Lakeville ranked No. 1 in U.S. for permit approval speed
  • Whittier tenants form union over living conditions
  • Shutdown delays key economic data, complicating Fed decisions
Rendering of 94 new apartment units across seven three-story buildings proposed for Rochester

94-unit apartment project heads to Rochester council

Rochester council will review a rezoning request for a 94-unit apartment project on Bandel Road NW, adding to the city’s growing multifamily housing.

The Hook & Ladder Apartments complex

MN Supreme Court backs tenant in rent waiver eviction case

  • Deidre Schmidt

    Q&A: CommonBond’s Deidre Schmidt on the nonprofits change in strategy

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Construction & Development

Rendering of 94 new apartment units across seven three-story buildings proposed for Rochester

94-unit apartment project heads to Rochester council

Rochester council will review a rezoning request for a 94-unit apartment project on Bandel Road NW, adding to the city’s growing multifamily housing.

Real Estate

The Hook & Ladder Apartments complex

MN Supreme Court backs tenant in rent waiver eviction case

The Minnesota Supreme Court ruled that landlords waive eviction rights if they accept subsidized rent after a lease breach, overturning a 30-year precedent.

Just Sold

Block 37 Flats in Moorhead

Just Sold: Moorhead rentals draw $156,786 per unit

Developer Kevin Bartram of Sterling Development, based in Fargo, North Dakota, is completing the latest in a long line of apartment projects in Moorhead’s downtown Renaissance Zone.

Q & A

Deidre Schmidt

Q&A: CommonBond’s Deidre Schmidt on the nonprofits change in strategy

CommonBond Communities is selling properties after funding declines and economic uncertainty, shifting its portfolio strategy while keeping rents affordable.

Nation & World

Speaker of the House Mike Johnson, R-La., and from left Rep. Lisa McClain, R-Mich., Majority Leader Steve Scalise, R-La., and Majority Whip Tom Emmer, R-Minn., deliver a news conference about the shutdown at the Capitol

Government shutdown raises concerns of economic damage

The latest U.S. government shutdown threatens federal jobs and risks deeper economic damage as growth slows and hiring weakens.

On the Market

A Minnoco gas station, convenience store and service station in St. Paul

On the Market: St. Paul gas station and Roseville flex space

A Snelling Ave. Minnoco station in St. Paul and a flex office/showroom building in Roseville offer value-add opportunities with strong locations and redevelopment potential.

Podcast

  • Interview: Jesse Neumann, president of operations, Designing Earth Contracting
  • Interview: Evan Doran, president and CEO, Doran Group
  • Interview: Melissa Meschke and Susan Badke on St. Croix County housing
  • Interview: Joe Boone and Jim Hegedus, Water Street Partners
  • Interview: Connor McCarthy, senior vice president of commercial development, United Properties

Professional Announcements

Tom Swedberg

Tom Swedberg joins Sandman Structural Engineers as project engineer

Tom Swedberg, PE, has joined the team at Sandman Structural Engineers as a project engineer on the industrial team. With 4 years of experience and a determination for success, Tom is a valuable addition to their employee-owned team.

Dave Lyste

Dave Lyste promoted to executive VP at Rachel Contracting

Rachel Contracting is proud to announce the promotion of Dave Lyste to executive vice president.

Ukee Dozier

Ukee Dozier joins Michel Commercial as associate

Ukee joins Michel Commercial as an associate with 10+ years in finance and commercial real estate.

Kristina McMillan

Kristina McMillan joins Ironmark Building Company

Kristina McMillan joins the award-winning Ironmark Building Company as director of business development for its Minnesota operations.

Kelly Bauer

Pope Design Group adds Kelly Bauer as North Dakota market lead

Pope Design Group is pleased to announce the addition of Kelly J. Bauer as associate and North Dakota market lead.

Special Publications

In the Lead-Women Owned Businesses logo

In the Lead: Women-Owned Businesses 2025

With this edition of In the Lead, Finance & Commerce recognizes the best of Minnesota’s women-owned businesses.

EVENTS

Top Women in Finance

November 13th, 2025 | 12:00 AM

These awards recognize companies and organizations that have shown a strong commitment to supporting and elevating women in Minnesota.

Rising Young Professionals

December 11th, 2025 | 5:00 PM

Our Rising Young Professionals is a special publication and networking event to honor those individuals making an impact in Minnesota busine[...]

Minnesota ICONS

December 11th, 2025 | 5:00 PM

The Minnesota Icon Awards recognize individuals with proven success throughout a lengthy and accomplished career.

see all events

Construction & Development

Kraus-Anderson wraps up Jordan school project

$92M food waste recycling plant planned in Scott County

292-home Lake Wilhelm development planned in St. Michael

Apple Valley approves Valley Station workforce housing

Multifamily construction trending up, but roadblocks remain

Twin Cities homebuilding activity picks up in September

Lakeville reviews 98-unit garage condo development

Apartments pitched for blighted Rochester site

Rendering of 94 new apartment units across seven three-story buildings proposed for Rochester

94-unit apartment project heads to Rochester council

Rochester council will review a rezoning request for a 94-unit apartment project on Bandel Road NW, [...]

This August 2025 photo shows the Lakeville 35 Logistic Center North Addition under construction in Lakeville

Lakeville ranked No. 1 in U.S. for permit approval speed

Lakeville leads the nation in permit approval speed, topping Labrynth’s Red Tape Index. Minnesota [...]

Map of part of New Ulm slated for development

New Ulm advances 39-unit senior housing project

A 39-unit independent living project in New Ulm is moving forward, addressing the city’s growing d[...]

Close up construction worker holding safety helmet with cranes in the background

MnDOT orders ‘stand-down’ after two workers die

The Minnesota Department of Transportation paused work this week to honor two fallen construction wo[...]

A file rendering of a revised water park proposal at the Mall of America

Bloomington OKs waterpark funding amendment

Bloomington City Council and Port Authority extended the Tax Increment Financing deadline tied to a [...]

More stories

Real Estate

Fridley apartments sold for $59.4 million

Centerspace sells $124M St. Cloud apartment portfolio

Beacon got HUD money, then HUD changed the rules

St. Paul Realtors to host Housing Resource Fair

Pillars of Prospect Park sells for $140M to Chicago REIT

Chanhassen buys site for $80M community center project

Uptown apartments sold at discount from 2019 price

Bloomington reviews Mall of America water park financing

The Hook & Ladder Apartments complex

MN Supreme Court backs tenant in rent waiver eviction case

The Minnesota Supreme Court ruled that landlords waive eviction rights if they accept subsidized ren[...]

Taylor Kohn of the IPG Tenant Union talks Tuesday outside an Investment Property Group management office at 2200 Blaisdell Ave. S. in Minneapolis

Whittier tenants form union over living conditions

Tenants in Minneapolis’ Whittier neighborhood formed the IPG Tenant Union, citing pests, mold, and[...]

The soon-to-be rebranded Cortland Mill District is located at 313 Washington Ave. S. in Minneapolis and is home to apartments and the Eato restaurant.

Weidner buys Mill District apartments for $77M

Weidner Apartment Homes acquires the 317-unit Cortland Mill District in downtown Minneapolis, renami[...]

A stylized graphic showing parts of U.S. currency and a pillar of the Treasury Department

MN Housing approves $53M in repair grants

Thirty-two public housing buildings will receive financing this year to repair and rehabilitate thei[...]

The 8500 Tower, part of the Normandale Lake Office Park and the tallest office tower in Bloomington, stands at 5800 84th St. W

Bloomington office tower sold for $4M

Namdar Realty Group buys Bloomington’s tallest office tower for $4M. The 24-story Normandale Lake [...]

More stories
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