Woodbury Sheraton sells for $13.4 million
The Sheraton St. Paul Woodbury Hotel has a new owner, and Minneapolis-based Dougherty Funding LLC has moved a problem asset off its books.
View ArticleHotel sale spree expected to last in 2013
The hotel sale market in the Twin Cities picked up in late 2012, with six midsize properties changing hands between August and December.
View ArticleSt. Paul hotel market will test Mille Lacs Band
The Mille Lacs Band of Ojibwe is taking on a challenge as it launches its effort to diversify its hotel holdings and move beyond the casino business.
View ArticleMayo plan sheds light on pricey hotel sales
Wednesday’s announcement about plans to spend $6 billion to expand the Mayo Clinic and add luster to downtown Rochester may put the recent sale of four hotels in a little clearer light. But it still...
View ArticleA richer kind of Blu: Carlson’s renewal adds local top-end hotel
The Radisson Blu Mall of America opened its doors for the first time Friday, and its owners hope a jolt of energy for the slumping Radisson name blew in with the wintry air.
View ArticleHotel hot spot near Mall of America
Plans are taking shape for two new hotels, each topping 300 rooms, near the Mall of America in Bloomington.
View ArticleCheck-in time for hotel projects
After years of little hotel development in the Twin Cities, lenders are now more receptive to financing new hospitality developments, and there are now a half-dozen hotel projects currently in the...
View ArticleA $22 million makeover for Millennium Hotel
The newest player in the downtown hotel market turns out to be celebrating its 50th anniversary with a splashy renovation that updates nearly every part of the building.
View ArticleAnother downtown Minneapolis hotel?
A hotel could be in the works on the same downtown Minneapolis block as the 320-unit apartment tower that developer Bob Lux and his Alatus LLC are proposing at 301 Washington Ave. S.
View Article176-room Crowne Plaza sells for $2.75M
Houston-based Boxer Property has purchased the Crowne Plaza Minneapolis North hotel in Brooklyn Center, promising a multimillion-dollar makeover and rebranding within the next 12 months.
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