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News
Ramsey senior housing project faces labor standards debate
12+ hour, 32+ min ago (760+ words) Trident Development plans to build a 78-unit assisted living building, a 24-unit memory care facility and an 84-unit independent living structure at a site near Veterans Drive Northwest, Sunwood Drive Northwest and Rhinestone Drive Northwest in Ramsey. (Map: City of…...
Arden Hills senior living property sells for $48.1M
3+ week, 5+ day ago (348+ words) Dan Netter//August 5, 2026// Trident Development has sold a senior living facility in Arden Hills to a west coast investor, according to a recently released certificate of real estate value. Round Lake Senior Living was sold to LTC REIT of California…...
Long-term care costs erode family wealth, study finds
1+ mon, 1+ week ago (1322+ words) By Federica Cocco and Shannon Najmabadi, The Washington Post//July 23, 2026// Economists have talked about it as the greatest wealth transfer in history. Baby boomers — boosted by decades of rising house prices, strong stock markets and economic growth — control more than…...
Wisconsin developer plans 25-unit assisted living facility
1+ mon, 1+ week ago (437+ words) By Erik Pfantz, USA TODAY Network via Reuters Connect//July 23, 2026// WAUSAU, Wis. — A developer planning to construct a senior housing complex in Wausau, Wisconsin, is seeking a conditional use permit. The operation of an “institutional residential” property, like an assisted…...
Minnetonka memory care project to start soon
1+ mon, 1+ week ago (499+ words) A new Minnetonka development will bring two memory care buildings to a site at 2000 Hopkins Crossroads. Each building will feature 10 units, with residential care provided by English Rose. (Rendering: Christian Dean Architecture) Dan Netter//July 21, 2026// The city of Minnetonka will…...
Victoria senior housing property sells for $13.5M
1+ mon, 1+ week ago (428+ words) This 2019 image shows the AbleLight Village at 1519 82nd St. in Victoria. The property features 37 apartments and 15 villa home units. (Image: QPK Design) Dan Netter//July 20, 2026// AbleLight Village in Victoria has been sold to a Minnesota-based buyer, according to a certificate of…...
Just Sold: Great Lakes buys Rochester, Mankato senior communities
1+ mon, 2+ week ago (411+ words) Editor’s note: “Just Sold” is a Finance & Commerce feature based on the newest certificates of real estate value filed with the Minnesota Department of Revenue for commercial sales throughout Minnesota and reports of sales across the country involving local parties....
Affordable senior housing revived at 600 Main St. SE
2+ mon, 4+ day ago (608+ words) Lupe Development Partners and Wall Cos. plan to build a five-story, 104-unit affordable senior housing building at 600 Main St. SE in Minneapolis. (Rendering: Jay P. Nelson Architect) Brian Johnson//June 26, 2026// A team led by Lupe Development Partners and Wall Cos. wants…...
North Minneapolis senior housing project advances
3+ mon, 1+ week ago (599+ words) The planned Logan Avenue Flats would rise on vacant lots at 529 and 535 Logan Ave. N. in the Harrison Neighborhood of Minneapolis. (Rendering: Collage Architects) Brian Johnson//May 20, 2026// A proposed transit-oriented affordable senior housing project is advancing in north Minneapolis. The Minneapolis…...
Blaine senior living complex sells for $40M
3+ mon, 3+ week ago (372+ words) Dan Netter//May 6, 2026// Two companies based in the Twin Cities metro have traded a senior living complex in Blaine for $40 million, according to a recently released certificate of real estate value. Catholic Eldercare, an owner based in northeast Minneapolis, has…...