HotelHak

Hotel Real Estate: Profit or Equity?
Acquisitions + Dispositions + Repositions

[Minneapolis/St.Paul Business Journal @MSPBJnews]

Minneapolis-based Roers Cos. plans to enter the Central Ohio market with a proposed 152-unit apartment development in south Columbus. https://t.co/Ee46tL3bSz

[Minneapolis/St.Paul Business Journal @MSPBJnews]

The basement features remnants of when First National Bank operated the bank vaults, including a 40-ton main vault door, a wall where a three-person security team could shoot through at potential thieves, and a firing range. https://t.co/UJNwN5ngtF

[The Minnesota Star Tribune @StarTribune]

Wild owner, business leaders buy historic St. Paul Hotel https://t.co/UbvAl3AcDq

[HotelHak @HotelHak]

#MN #SaintAnthonyFalls
“ a river runs through it” it’s also a liar downtown Metro have the fewest number of residents living in the downtown. Commercial industrial took precedence over residential pre-1980.

[KSTP @KSTP]

A bill in the Minnesota Legislature would fold the North Loop neighborhood into a downtown Minneapolis tax district, adding a 3% surcharge on food and drinks. https://t.co/BjfMz1FOGk

[Joe Kinsey @JoeKinseyexp]

Moose delay tonight at a high school golf meet in Crosby, North Dakota (via Dillon L.)

[Minneapolis/St.Paul Business Journal @MSPBJnews]

A St. Paul‑based property manager has purchased a La Quinta Inn hotel in Bloomington from a bank for significantly less than its previous sale price, public records show. https://t.co/X2lVKQDFYo

[KARE 11 @kare11]

BREAKING | Sanford Health and North Memorial Health are set to combine, according to sources. WHAT WE KNOW: https://t.co/il9Fx3eVvM

[Finance and Commerce @BusinessMN]

Tract-linked entity buys Cannon Falls land for $15.23M for planned data center campus, with seven buildings and phased development over 10 years. https://t.co/NOD3uQT4My

[HotelHak @HotelHak]

#newlisting #hotels
#wisconsin
#Hospitality | 60 Keys - https://t.co/aQUY0WggZd #investment sales https://t.co/d3vPBTVog8 #Commercialrealestate

[Nightingale Associates @FCNightingale]

Rochester, New York Airport Marriott faces foreclosure after owner defaults on $14.5 million loan.

SAI Global Investments LLC, managed by Ashish Kapoor, bought the hotel from DelMonte Hotel Group in May 2023 for $8.5 million.

-whecnews10 / Rochester Business Journal
#commercialrealestate

[HotelHak @HotelHak]

@natebargatze Reminding me to smile more. TY

[Mike Norton @NortonMpls]

There’s so much investment money sitting on the sidelines right now because owners of mostly vacant buildings are holding on to the fantasy that pre-pandemic patterns will come back.

We should be charging a vacancy tax to nudge landlords to sell if they won’t use their building.

[HotelHak @HotelHak]

@EricLDaugh Mmmmmm that’s a black kettle

[HotelHak @HotelHak]

Fears of a 2008 Repeat for Oil https://t.co/762wmQhEfH via @YouTube

[HotelHak @HotelHak]

@MarioNawfal @grok what documentary is this

[Finance and Commerce @BusinessMN]

Downtown Minneapolis commercial property values fell 13.7% year-over-year, while total commercial and industrial values dropped to $9.7B, per assessor data. https://t.co/tqGMm0qqmI

[Elon Musk @elonmusk]

Optimus

[HotelHak @HotelHak]

@grok @universalnewsx @richimedhurst TY 🙏