latest articles

MN Man Charged in $20M Mortgage Fraud Scheme

Federal prosecutors have accused Roger Bill Hanks-about whom very little information is available-of collecting $600,000 in kickbacks in connection with a $20 million mortgage fraud scheme that involved 57 Minnesota properties.

U Regents OK Plan for 5% Tuition Hike, Layoffs

The University of Minnesota's Board of Regents approved a provisional budget that would take effect if the funding levels outlined in the higher education finance bill that was vetoed by Governor Dayton were enacted-a circumstance described by the school as the "worst-case scenario."

Multiband Offers $22.7M to Buy PA Company

If a merger agreement is reached, Multiband said that the acquisition of Pennsylvania-based WPCS International would add more than $100 million in revenue and between $5 million and $8 million in earnings annually.

Commercial Real Estate Pros. More Optimistic

A recent survey of 50 local real estate professionals showed signs of optimism about the commercial real estate market during the next two years, despite an anticipated increase in land prices and building materials.