Archive for the ‘Best of Real Estate Matters’ Category
Friday, January 6th, 2012
While the local news is filled with stories about where the Vikings, law makers, mayors and developers want to see the proposed new stadium, the story of the development of Target Field is an interesting one to review. The most popular (most viewed) post of 2011 was:
Best of Real Estate Matters – #1: The Little Idea That Could: The untold story about the development of Target Field
Bruce Lambrecht and Dave Albersman are back at it in building another “little idea that could” – this time for the Vikings. Check out more of the story in this 2011 blog post: Looking for a Victory? The Vikings May Want to Try Left Field… Although the plans have changed and evolved since this post was written in early 2011, it will be interesting to see where Lambrecht and Albersman play into the Vikings Stadium decisions.
Tags: Bruce Lambrecht, Dave Albersman, Development, Real Estate Matters, So You're Saying We Have A Chance, Target Field, vikings stadium
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Tuesday, January 3rd, 2012
Warren Buffet, Herb Brooks, Gopher Hockey, University of St. Thomas, and Edina Realty
The answer is Ron Peltier.
The Real Estate Matters blog saw its highest number of readers in one week when this post was added. Ron Peltier, chairman and CEO of Home Services of America has an impressive network with his ties to Berkshire Hathaway, Gopher Hockey, Edina Realty and the University of St. Thomas.
Best of Real Estate Matters – #2: What do Gopher Hockey and Warren Buffet Have In Common?
Home Services of America is the parent company of Edina Realty. The 2011 Minnesota Real Estate Hall of Fame honored Emma Rovick, founder of Edina Realty, as one of the inductees.
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Tags: Berkshire Hathaway, Edina Realty, Emma Rovick, Gopher Hockey, Herb Brooks, Home Services of America, Ron Peltier, Warren Buffet
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Monday, January 2nd, 2012
Boyd Stofer - former CEO Marquette Group
The real estate community lost a great leader in 2011. Boyd Stofer was a member of the University of St. Thomas Real Estate Advisory Board and president and CEO of Marquette Real Estate Group (parent company of United Properties, Northmarq, and RJM Construction.) This popular post from 2011 includes some wisdom that Boyd shared in April when he spoke at the Real Estate Executive Insight Series.
Best of Real Estate Matters – #3: Boyd Stofer’s Real Estate Executive Insight Presentation
Finance and Commerce wrote a great article about Boyd shortly after he passed away – Marquette CEO Stofer remembered as ‘brilliant’. Echoing those quoted in the article, Boyd left his mark at St. Thomas as well – his insight and helpful suggestions have been incorporated into many of the real estate programs.
Tags: Boyd Stofer, Finance and Commerce, Marquette Real Estate Group, NorthMarq, Real Estate Executive Insight Series, RJM Construction, twin cities real estate, United Properties
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Thursday, December 29th, 2011
Block E - Minneapolis
Timing worked well in scheduling Bob Lux, principal at Alatus, to speak at the Real Estate Executive Insight Series. When this session was scheduled in December of 2010, a casino in Block E had not been put on the table. Alatus had purchased Block E but no plans had been released about how they were going to improve upon the troubled area. By the time Bob came in to speak in March, it was all over the news. Bob spoke about how he got into the business and other development projects he completed such as Grand Park Condominiums and the Carlyle Condominiums. Here is a recap of the event:
Best of Real Estate Matters – #4: The 14 Million Dollar Question
The redevelopment of Block E was clearly a big topic in 2011. Two of our most read blog posts talked about the project. If you haven’t read it already, Best of Real Estate Matters #9 – A Deal Alatus Could Not Refuse talks about the history of the Block E site.
Tags: Alatus, AMC Theater, Block E, Bob Lux, Carlyle Condominiums, casino, Grant Park Condominiums, History of Block E, Kierans Irish Pub, Minneapolis Casino, Vikings Stadium Funding
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Wednesday, December 28th, 2011
The North Loop - Minneapolis
An estimated 850 new apartments are slated for the next year in the North Loop – around Target Field. This popular post of 2011 includes information about the multi-family development plans for Twinsville.
Best of Real Estate Matters – #5: Twinsville and North Loop Housing
This topic was submitted as part of our “Ask the Real Estate Expert” series. As we move into 2012, we are happy to explore different topics you, our readers, are interested in. Our Ask the Expert post outlines how to submit questions. http://blogs.stthomas.edu/realestate/2011/07/15/ask-the-real-estate-expert/
Tags: Bruce Lambrecht, Greco, Hines, historic Cameron building, jaguar site, Minneapolis Apartments, Ryan Companies, Shafer Richardson, TE Miller Development, The North Loop, Twinsville, Viking stadium proposal
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Tuesday, December 27th, 2011
Minnesota State Capitol (courtesy of wikipedia)
2011 brought us a 20 day shutdown of the Minnesota state government. Not surprising, this post was read most during the July 1 – July 20 shutdown, but was still one of the most read posts of the year.
Best of Real Estate Matters – #6: Effect of the Minnesota State Government Shutdown
The Minnesota Department of Commerce regulates real estate and appraisal licensing in the state. During the shutdown, new licenses were not granted and both licensing and continuing education programs for real estate appraisal were not approved. For those of you who have a real estate or appraisal license in Minnesota, you may be intersted to know that many of the education programs – both professional development and academic offered through the real estate programs at St. Thomas are approved for continuing education credit.
Tags: appraisal licensing, economy, Government shutdown, Minnesota Department of Commerce, Minnesota State Shutdown, real estate continuing education credit, real estate licensing
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Monday, December 26th, 2011
Flux - Greco's New Uptown Multi-family Project
The millennial generation is the driving force behind trends in multi-family housing. Demand for small, urban housing with stat-of-the-art amenities has increased with this generation wanting to live closer to work. There are many examples of developers adapting to the needs of this group around the Minneapolis area – specifically in the North Loop and Uptown. This popular 2011 post outlines ways in which this generation is shaping the market.
Best of Real Estate Matters – #7: Housing the Next Generation
This post also talks about Greco’s new uptown project called Flux. This spring, Arnie Gregory, founder of Greco is slated to speak at one of the Real Estate Executive Insight events. More detail will be available about this event in the next few weeks. (But, we thought this was a good opportunity to give you a sneak peak of our plans for spring.) The Real Estate Executive Insight Series is free and open to the public.
Tags: Arnie Gregory, Greco, Millenials, Minneapolis Apartments, Multi-family housing, The North Loop
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Friday, December 23rd, 2011
Lyndale Garden Center (before redevelopment)
Colleen Carey, president of The Cornerstone Group and member of the UST Real Estate Advisory Board has a new project – the Lyndale Garden Center redevelopment. This popular post in 2011 gives an overview of her plans for the site:
Best of Real Estate Matters – #8: Redeveloping the Lyndale Garden Center
Colleen Carey is part of the UST Real Estate Advisory Board. This group of prominent leaders in the real estate industry help to assure that the curriculum in the UST real estate programs meet the needs of the industry, they serve as mentors to students in both the MS degree in Real Estate and the BS degree in Real Estate and provide feedback in the development of new conferences, programs and initiatives.
Tags: Colleen Carey, Lyndale Garden Center, The Cornerstone Group, UST BS degree in Real Estate, UST MS degree in Real Estate, UST Real Estate Advisory Board
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Thursday, December 22nd, 2011
Proposed Block E Casino (from startribune.com)
This popular blog post from 2011 tells the story of Block E – from its position as an epicenter of Minneapolis in the early 1850’s to a troubled retail and entertainment center today. Alatus purchased the property at about 14% of the original development cost. The big question now is what they do with the property.
Best of Real Estate Matters – #9: A Deal Alatus Could Not Refuse
Today, Block E is down to just a few tenants including the AMC movie theater and Kieran’s Irish Pub a fairly new tenant who relocated to better attract crowds from the Target Center and Target Field. Plans for a casino are still being talked about as part of the funding for a new Vikings stadium. Here is an article from the Star Tribune about the progress: http://www.startribune.com/politics/statelocal/132861048.html
Tags: Alatus, AMC Theater, Block E, Bob Lux, casino, History of Block E, Kierans Irish Pub, Vikings Stadium Funding
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