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Daily news source focused on commercial real estate, construction, banking, finance, economic development in Minnesota.
- 108articles · 30d
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- Aug 17, 2026earliest in window
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News
On the Market: Twin Cities properties with value-add potential
3+ day, 19+ hour ago (438+ words) Just in time for the unofficial start to fall, this week’s On the Market features three nonresidential properties with value-add potential. Two are established light industrial properties in well-connected western suburbs; the odd lot out is a spacious office building…...
Employment dips in 6 of 8 largest Minnesota counties
4+ day, 19+ hour ago (176+ words) Dan Netter//September 9, 2026// Minnesota saw employment shrink in six of its eight largest counties between March 2025 and March 2026, according to new statistics released by the Bureau of Labor Statistics. Ramsey, Dakota, Hennepin, Stearns, St. Louis and Washington counties all experienced…...
30-year U.S. mortgage rate hits highest in 14 months
4+ day, 18+ hour ago (304+ words) The rate on the most popular U.S. home loan rose last week to its highest in more than 14 months, as escalating hostilities in the Middle East drove up oil prices, fueling inflation concerns and pushing up U.S. Treasury yields that underpin residential…...
Wage growth trails inflation as Americans feel budget squeeze
5+ day, 17+ hour ago (933+ words) By Lauren Kaori Gurley and Rachel Lerman, The Washington Post//September 8, 2026// Inflation has been eating away at Americans’ paychecks this year. For most of the past six months, inflation has been beating wage growth, which fell in August to the…...
Tariffs could raise Minnesota homebuilding costs
5+ day, 19+ hour ago (862+ words) The U.S. trade war with Canada is creating another layer of uncertainty in the homebuilding market and could have an outsized impact in Minnesota, a go-to place for wood-based construction materials, experts say. Canada announced Tuesday that it’s imposing tariffs on…...
Twin Cities spec industrial development to remain low, CBRE forecast says
1+ week, 3+ day ago (534+ words) Dan Netter//September 7, 2026// Twin Cities industrial market vacancy is about 2 percentage points below the national average vacancy rate. Sitting at 4.4%, the metro is also project to “lead tier-1 markets” for the sector’s rent growth, estimated to between 5% and 6% over 2027, according…...
AI boom raises concerns about widening U.S. inequality
1+ week, 3+ day ago (962+ words) By Shira Ovide, The Washington Post//September 7, 2026// Sam Altman, the chief executive who unleashed ChatGPT on the world, has called artificial intelligence an “equalizing force” that will “collectively lift us all up.” But evidence is piling up that the AI…...
U.S. job growth surges in August, keeping Fed hike in play
1+ week, 2+ day ago (931+ words) WASHINGTON — U.S. job growth accelerated sharply in August while the unemployment rate held steady at 4.1%, suggesting an improvement in the labor market after recent struggles, keeping an interest rate increase from the Federal Reserve this month on the table. The…...
Just Sold: Stellar Industries acquires Midwest Fire in Luverne
1+ week, 2+ day ago (243+ 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....
Why homeowners are paying off low-rate mortgages early
1+ week, 2+ day ago (385+ words) By Julie Z. Weil, The Washington Post//September 4, 2026// Almost 1 in every 4 homeowners is paying off their mortgage at a rate faster than they’re required to — but the people who would benefit the most from this strategy are the ones least likely…...