Finance and Commerce

Greystar faces fair housing complaints in New Jersey alleging Section 8 voucher discrimination as a nonprofit files cases across six states and DC. bit.ly/4wonAcL

Mankato approved a one-year data center moratorium to study water use, energy demand and land use as more Minnesota cities pause development. bit.ly/4yLI1lE

Minneapolis Mayor Jacob Frey and Council Member Pearl Warren request $2.5 million from the Affordable Housing Trust Fund for Heritage Park resident relocation services. bit.ly/3RoILfp

L.L.Bean is planning a July 31 grand opening of its new store in Maple Grove. bit.ly/4bn4Ge3

Chaska Commons, a Cub Foods-anchored retail center in Chaska, sold for $38 million to Phillips Edison as investor demand for grocery retail remains strong. bit.ly/4yKZXge

Major banks are expanding agentic AI, using digital assistants to boost productivity while maintaining human oversight for customer-facing tasks. bit.ly/4vJ0jAZ

A proposed 166-unit LEO Franklin development near Costco won Plan Commission approval despite the mayor's opposition to the $51.6 million project. bit.ly/3RHSjm0

Brian Forcier, CEO of Titanium Partners, talks about development in Duluth, misconceptions about doing business in Duluth and what some cities could do to make themselves more friendly to development. finance-commerce.com/2026/07/beyond…

Major Mankato development projects, including Hotel Mankato, Front Street Place and Minnesota State upgrades, are driving investment and growth. finance-commerce.com/2026/07/mankat…

Historic Sandstone School in Minnesota has been transformed into 32 workforce housing units after a $17 million redevelopment, preserving a landmark. bit.ly/4faGCND

South St. Paul approved construction plans for the $10 million Northview Aquatic Center, replacing the city's aging 1956 pool by summer 2028. bit.ly/4wf9SJc

Rachel Development plans up to 1,800 housing units, retail and green space in a major redevelopment of the former Les Bolstad Golf Course in Falcon Heights. finance-commerce.com/2026/07/rachel…

Construction remains stronger than expected in 2026 as data center demand fuels growth despite labor shortages, higher fuel costs and material prices. finance-commerce.com/2026/07/constr…

Regional banks reported strong second-quarter earnings as loan growth, fee income and capital markets activity offset economic uncertainty. finance-commerce.com/2026/07/region…

MnCAR Executive Director Matt Anfang will retire in June 2027 after 15 years, reflecting on commercial real estate, AI, industry growth and leadership. finance-commerce.com/2026/07/mncar-…

Great Lakes Management acquired the Preserve of Roseville senior living community for $32.5 million after the property recovered from pandemic-era struggles. finance-commerce.com/2026/07/great-…

Major Mankato development projects, including Hotel Mankato, Front Street Place and Minnesota State upgrades, are driving investment and growth. finance-commerce.com/2026/07/mankat…

Michigan's Stargate AI data center is fueling local opposition over farmland, water use and power concerns as political debate over AI infrastructure grows. finance-commerce.com/2026/07/michig…

Two mixed-use properties near Bde Maka Ska in Minneapolis sold for $19.1 million as investors continue targeting Uptown multifamily assets. finance-commerce.com/2026/07/uptown…

U.S. homebuilder confidence fell in July as high mortgage rates and economic uncertainty sidelined buyers despite new housing affordability legislation. finance-commerce.com/2026/07/homebu…