Dougherty Mortgage: Twin Cities' multi-family market keeps growing

Here’s the big number: Since the beginning of 2010, developers have built more than 110 apartment projects with roughly 13,300 units in the Minneapolis/St. Paul market. That’s impressive. And it’s the highlight of Dougherty Mortgage’s Market Viewpoint report on the Twin Cities’ multi-family market for 2014 and 2015.

Read more in the REJ Blog.

Positive future means solid present for Saint Paul office market

The website of the future Lowertown Ballpark in the Lowertown neighborhood of Saint Paul, Minn., features a countdown clock ticking dow the time remaining before the park's first opening day.

Read more in the REJblog.

Office sector in Twin Cities continues its rebound

NAI Everest recently offered more proof that the Minneapolis/St. Paul region is one of the strongest commercial real estate markets in the country.

Read more in the REJblog.

CoStar Group: Industrial vacancy rate keeps falling in Twin Cities

CoStar Group recently brought good news to industrial brokers working in the Minneapolis/St. Paul area. According to a report from the company, the Minneapolis industrial market ended the fourth quarter of 2012 with a vacancy rate of 6.4 percent.

Read more in the REJblog.

CRE recovery is stronger than ever

Cushman & Wakefield/NorthMarq recently brought good news to commercial real estate professionals in the Twin Cities. According to the company's most recent semi-annual Compass Report, commercial real estate vacancies across the Minneapolis/St. Paul area have dropped to 13.02 percent thanks in part to 3.1 million square feet of positive absorption.

Read more in the REJblog.

Twin Cities home permits doubled in 2012

Residential construction nearly doubled in the Minneapolis-St. Paul metro area in 2012 compared to 2011, according to the Builders Association of the Twin Cities.

Read more in Minneapolis St. Paul Business Journal.

MBA report: Multi-family lending soared in 2011

It's common knowledge that multi-family remains the strongest of all commercial real estate sectors. But the Mortgage Bankers Association recently released a new report showing just how strong this sector has become. And the numbers are a bit stunning.

Read more in the REJ Blog.