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Q&A: CBRE s KC boss says market has changed, but signs remain positive - Kansas City Business Journal

Q&A: CBRE s KC boss says market has changed, but signs remain positive - Kansas City Business Journal
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

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A guide to the 2021 Minneapolis mayor and City Council candidates

A guide to the 2021 Minneapolis mayor and City Council candidates
startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.

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Workforce returning to downtown Minneapolis at a slower pace than anticipated

A post-Labor Day return to office has come and gone, and still most downtown Minneapolis office buildings remain empty.

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US Bank says employees won t return to downtown Minneapolis office next month as planned

US Bank says employees won t return to downtown Minneapolis office next month as planned The company, citing COVID s resurgence, has pushed back its office return plans. Author: U.S. Bancorp had planned to begin bringing employees back to its downtown Minneapolis office after Labor Day, as soon as Sept. 7. Those plans have now changed. U.S. Bancorp CEO Andrew Cecere, in an email sent to employees Wednesday and provided to Bring Me The News, said a return to the office won t be happening until later in the year, at the earliest. After weighing our options, we believe the right course of action is to postpone our broader return to office until sometime in the fourth quarter, Cecere wrote, citing the increased caseloads of COVID-19 and the emerging delta variant for the change in plans.

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Dayton s Project lender throws new wrinkle: foreclosure sale

Dayton s Project lender throws new wrinkle: foreclosure sale The city of Minneapolis supports the developer and plans to weigh in on court battle. July 13, 2021 5:26pm Text size Copy shortlink: A key lender of the Dayton s Project on Nicollet Mall now wants to auction off the loan to the highest bidder, a move the project s developer along with the city of Minneapolis and downtown boosters plan to fight in court. New York-based Monarch Alternative Capital purchased the original $78 million mezzanine loan on the iconic, but mostly vacant, former Minneapolis department store from investor Angelo Gordon in February. In recent weeks, however, Monarch informed the developer and owner of the Dayton s Project, 601 Minnesota Mezz, that it considers the collateralized loan in default because it missed key leasing targets and deadlines.

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