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Microtel in Rochester fetches $4 5 million | Finance & Commerce

Microtel in Rochester fetches $4 5 million | Finance & Commerce
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Hempel buying another well-known downtown Minneapolis building, Loews Hotel

Hempel buying another well-known downtown Minneapolis building, Loews Hotel
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Hempel buying another well-known downtown Minneapolis building

A joint venture of three investors plans to buy the Loews Minneapolis Hotel in downtown, one of which is Eden Prairie-based Hempel Real Estate that has recently bought several prominent buildings in the area. Milwaukee-based Marcus Hotels & Resorts and Oklahoma City-based Robinson Park Investments are the other investors. The sale should close in early March, though no parties have disclosed .

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Oakdale hotel trades for $11 3M | Finance & Commerce

Oakdale hotel trades for $11 3M | Finance & Commerce
finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.

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Just Sold: Thief River Falls GrandStay draws $6 million

Veteran broker Ted Leines of Leines Hotel Advisors Inc. in Eden Prairie admitted he was surprised by the interest he had received when he sold the 55-room GrandStay Hotel & Suites, at 1031 Wendt Drive in Thief River Falls for a client for $6 million.

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