Daily #Minnesota business news that covers real estate, construction and more 🏢

Minneapolis, MN
Joined August 2008
Metes & Bounds Management completed a $5.75 million restructuring of East Grand Forks' Town Square Apartments, paving the way for renovations. bit.ly/4jXotG3
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Wildcat Defense plans a $350 million acquisition of Fraser Industries, funding shipyard expansion, workforce growth and defense production. bit.ly/3WJrEHu
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U.S. consumer sentiment remained near a record low in October as inflation concerns rose, increasing pressure on households and policymakers. bit.ly/4eeYkij
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Trump signed an order to reduce housing costs through mortgage insurance relief, refinancing changes and lower rates on some federal loans. bit.ly/4z6o7RX
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Minneapolis Hotel Ventures and Lion Hotel Group buy the 164-room Radisson RED, despite $700,000 in negative cash flow. bit.ly/4zQwQYu
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U.S. jobless claims fell to 194,000, near a 57-year low, as layoffs remained limited despite sluggish hiring and economic uncertainty. bit.ly/4ig3gEy
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OneEnergy faces opposition to a proposed six-megawatt solar farm in Mukwonago, Wisconsin, as officials prepare for an Oct. 26 public hearing. bit.ly/48bmmXJ
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RMS Co. will invest $11 million in a Coon Rapids expansion, adding 20,000 square feet and at least 75 jobs with $1.4 million in state aid. bit.ly/4zPqiJJ
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Trump’s red diesel order aims to cut farm fuel costs, but Midwest farmers say limited savings and state penalties reduce its value. bit.ly/3UbO2sm
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Minnesota builders are suing to overturn portions of the 2024 omnibus law, alleging violations of the single-subject rule. bit.ly/4yEmx8Z
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Twin Cities commercial listings include two Blaine retail outlots and two Minneapolis restaurant or mixed-use properties priced at $965,000 and $1.295 million. bit.ly/4smXKov
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Scannell Properties advances a 234,360-square-foot Minneapolis distribution center that could employ 400 workers, with construction targeted for May 2027. bit.ly/4z4sGwb
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Honorees announced for our ICON Awards! See More: bit.ly/4yALl1y
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Wisconsin Rapids denied PNK Group's data center permit application and imposed a 12-month moratorium on future data center developments. bit.ly/4ss23yQ
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TKDA has opened a new Riverside, California office to better serve clients and grow its team, expanding its presence beyond Minnesota. bit.ly/4BmfUL0
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MISO proposed new grid rules for large data centers across Minnesota, Wisconsin and the Midwest as AI-driven electricity demand grows. bit.ly/4z7dw9w
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North Oaks Co. proposes 380,000 square feet of industrial space in White Bear Township, with site work potentially starting in early 2027. bit.ly/4z39UVQ
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Spain expands rental restrictions with rent freezes and eviction limits, raising concerns about housing supply and investment in residential real estate. bit.ly/47Stjgx
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