Former real estate agent Robert Leo Rick received a three-year sentence for a scheme that involved 102 residential properties and defrauded mortgage lenders out of at least $7 million.
Industry
Michael McFadden, co-CEO of Lazard Middle Market, recently announced his plan to run for U.S. Senate; David Solomon will now serve as the firm’s sole chief executive.
Summit Hotel Properties, Inc., said it plans to spend roughly $3.6 million over the next year on improvements to the hotels, located in Eden Prairie and Minnetonka.
Consequently, since the beginning of 2012, the number of homes for sale locally has consistently been running 25 to 30 percent below the number available at the same time the prior year.
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Consequently, since the beginning of 2012, the number of homes for sale locally has consistently been running 25 to 30 percent below the number available at the same time the prior year.
The controversial House plan to change charitable deduction rules died in the tax conference committee.
The Twin Cities topped the healthiest-cities-in-the-country index for the third straight year, and in a separate study Minnesota as a whole ranked as the healthiest state for seniors.
Medical care provider Mayo Clinic announced plans to expand its sports medicine practice with a 22,000-square-foot center to meet growing demands for its sports-related injury and rehabilitation expertise.
The Metropolitan Council’s new proposals for re-routing existing freight rail to make room for the Southwest Light-Rail Corridor include a route through the St. Louis Park High School football field.
As part of an initiative signed by Governor Mark Dayton, $10 million will be used to provide affordable housing to Minnesota areas with booming employment opportunities.
High expectations have left some Canadian shoppers disappointed with Target’s prices and selection; analysts say: Just give it time.
From food truck to multimillion-dollar edifice, Smack Shack 2.0 is here. Does it live up to the hype?
As chief marketing officer at General Mills, Mark Addicks has managed some of the world’s best-known consumer brands.
The retailer is placing beauty experts in select locations and designing its own dresses for brides, bridesmaids, and flower girls.
Phillip Trier, who currently oversees U.S. Bank’s commercial banking division in the Twin Cities, will take on an expanded role as president of the local market.
That’s according to a study commissioned by Meet Minneapolis, which also found that those 27.9 million visitors collectively spent $6.9 billion when they came in 2012.
Although a complete list of health insurers that applied has not been made publicly available, several of the state’s major players are reportedly among those seeking approval.
Caribou’s evolving ad campaign reflects the woodsy sensibility that originally set it apart from the urbane style of Starbucks.
Steele Smiley hopes his new deal with Under Armour will help Steele Fitness go national.