Category: Uncategorized

IRET Announces New Joint Venture Development in Edina, Minnesota

IRET Announces New Joint Venture Development in Edina, Minnesota

Rendering of 71 France MINOT, N.D., June 10, 2014 (GLOBE NEWSWIRE) — Investors Real Estate Trust (NYSE:IRET) (NYSE:IRETPR) (NYSE:IRETPRB), announced today that its operating partnership, IRET Properties, has entered into a joint venture to develop 246 apartments and 21,873 sq. ft. of retail space in Edina, MN. The total estimated project cost is $69.8 million.…

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MN Apartments Change Hands in $95M Deal

MN Apartments Change Hands in $95M Deal

Concierge RK Property Holdings has acquired Concierge, a 698-unit apartment community in the Richfield suburb of Minneapolis, for $95.1 million. The seller, a joint venture between MLG Capital and Soderberg Apartment Specialists, acquired the asset—formerly known as Crossroads at Penn for—approximately $41 million in September 2015 and embarked on an extensive upgrade of the property.…

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Homes Within Reach gets affordable housing grant

Homes Within Reach gets affordable housing grant

The Metropolitan Council announced $2.5 million in grants to support affordable housing, among them $110,000 for Homes Within Reach. The money will be used to help the West Hennepin Affordable Housing Land Trust program acquire, rehabilitate, and resell four single-family homes. The land trust will operate in the cities of Bloomington, Brooklyn Park, Deephaven, Edina,…

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Minnetonka: Check Out 5 Nearby Homes For Sale

Minnetonka: Check Out 5 Nearby Homes For Sale

MINNETONKA, MN — When you’re in the market for a new place, keeping tabs on all the latest listings can be a wearisome task. That’s why we’ve gone ahead and done the prepwork for you. Below is a list of the five latest properties to hit the housing market in the Minnetonka area — including…

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5 Apartments Now Renting In The Minnetonka Area

5 Apartments Now Renting In The Minnetonka Area

MINNETONKA, MN — Searching for a new place, but not totally prepared to buy or commit long-term? The Minnetonka area has some great new rentals that might be the perfect fit. To help nudge you in the right direction, we’ve compiled a quick list of the five newest properties to hit the rental market in…

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Edina: See 5 Local Homes For Sale

Edina: See 5 Local Homes For Sale

EDINA, MN — On the hunt for a new house nearby, but tired of seeing the same old property listings over and over? With our weekly list of new properties in your area, you can stay on top of the scene. Here’s a list of the five newest homes to hit the housing market in…

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These Are Minnesota’s Best 30 Suburbs: Niche

These Are Minnesota’s Best 30 Suburbs: Niche

TWIN CITIES METRO, MN — How do you define a great place to live? According to Niche.com, which has the 2018 Best Suburbs to Live in America rankings, there are several factors that a suburb is judged on, including school quality, amount of crime, housing trends, employment stats and access to amenities. Based on those…

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Editorial: Ilhan Omar is best choice for 5th District Congress

Editorial: Ilhan Omar is best choice for 5th District Congress

Voters in Minnesota’s 5th District likely will make a historic statement this November, sending a young Somali-born woman to represent them in Congress. If elected as expected in a Democrat-leaning district, she will join at least one other Muslim woman among the 435 members of the House of Representatives. Our Adams Publishing-ECM Editorial Board endorses…

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