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Finance & Commerce

Daily news source focused on commercial real estate, construction, banking, finance, economic development in Minnesota.

  • 1,987articles · 365d
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  • Sep 15, 2025earliest in window
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News

Finance & Commerce
finance-commerce.com

Black Swan to buy affordable apartments in Bloomington

1+ week, 2+ day ago   (414+ words) Dan Netter//September 3, 2026// A prominent buyer of affordable apartment properties in southeast Minnesota is under contract to buy three affordable properties in Bloomington, according to city of Bloomington documents. Black Swan Real Estate is set to purchase the three apartment…...

Finance & Commerce
finance-commerce.com

Thompson Oaks to add 291 units in West St. Paul

1+ week, 3+ day ago   (503+ words) Dan Netter//September 2, 2026// West St. Paul is about to be nearly 300 units of housing richer. Thompson Oaks, a multi-phase multifamily project in West St. Paul, is set to start construction within the next 10 days, according to Greco‘s Josh Brandsted,…...

Finance & Commerce
finance-commerce.com

$140M plan revives historic Hamm’s Brewery in St. Paul

7+ mon, 1+ day ago   (1063+ words) Nearly three decades after the Hamm’s Brewery in St. Paul produced its last bottle of beer, the historic complex is a mere shadow of its former vibrant self. The seven-building complex, the oldest part of which dates to the 1880s, sits…...

Finance & Commerce
finance-commerce.com

St. Paul designates Hamm’s Brewery a heritage site

10+ mon, 6+ hour ago   (239+ words) Developer JB Vang plans to bring a mix of commercial and residential uses through a mix of new construction and adaptive reuse at the former Hamm’s Brewery complex at 680 Minnehaha Ave. in St. Paul. (Rendering: JB Vang Partners Inc.) Dan…...

Finance & Commerce
finance-commerce.com

Minnesota veterans homes get $62M for renovations

3+ mon, 2+ week ago   (644+ words) Brian Johnson//May 25, 2026// The Minnesota Department of Veterans Affairs is pushing forward with planned renovations on two veterans home campuses in the Twin Cities now that the legislature has agreed to repurpose funding authorized three ago for a different project....

Finance & Commerce
finance-commerce.com

Leipold-led group paid $18 million for St. Paul Hotel

3+ mon, 3+ week ago   (231+ words) Dan Netter//May 20, 2026// After the acquisition was initially announced last week, a certificate of real estate value disclosed that a local group of investors paid $18 million to purchase the Saint Paul Hotel. The investors, led by Minnesota Wild owner Craig…...

Finance & Commerce
finance-commerce.com

St. Paul redevelopment nonprofit buys 2 buildings

9+ mon, 1+ day ago   (536+ words) Dan Netter//December 11, 2025// Marking their third and fourth acquisitions in two months, the St. Paul Downtown Development Corporation announced Thursday it has purchased the Empire Building and the Endicott Arcade. Going forward, Cushman & Wakefield will serve as the property manager…...

Finance & Commerce
finance-commerce.com

Bloomington planning commission approves two cannabis facilities

7+ mon, 2+ week ago   (377+ words) Dan Netter//January 26, 2026// Two facilities related to the production of cannabis products have been proposed to and approved by the Bloomington Planning Commission in the last two weeks, according to planning documents. The two facilities mark the second and third…...

Finance & Commerce
finance-commerce.com

Minnesota contractors less optimistic for 2026

9+ mon, 4+ day ago   (760+ words) C-Level and Leadership Awards Minnesota contractors less optimistic for 2026 AGC survey respondents are most optimistic about the technology/data center market segment. This rendering shows a 1.4-million-square-foot data center CloudHQ plans to build in Chaska. (Rendering: CloudHQ) A new survey…...

Finance & Commerce
finance-commerce.com

Just Sold: Cirrus growth spurs Duluth warehouse sale

9+ mon, 2+ week ago   (572+ words) Editor’s note: “Just Sold” is a Finance & Commerce feature based on the newest certificates of real estate value filed with the Minnesota Department of Revenue for commercial sales throughout Minnesota and reports of sales across the country involving local parties....