There may be a variety of reasons to consider purchasing commercial property, whether this is a means to further business growth or acts as an investment opportunity. However, there can also be a certain level of risk involved with pursuing similar endeavors, and you...
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Commercial Real Estate
Is a landlord allowed to raise rent on a commercial property?
A Minneapolis business owner may choose to rent or buy a commercial property out of which to operate the person's enterprise. If the person buys the space that the business will occupy then the person will have a fair amount of autonomy regarding what to do with the...
Can foreclosure happen to commercial real estate?
It is often the case that when a Minneapolis business or resident seeks to buy real estate it has to do so with some level of financing. Financing can come in the form of a mortgage or other lending device that extends credit to the buyer and for which that buyer...
Developer proposes combined residential-commercial property
Minneapolis and Saint Paul each have the feel of big cities that preserve their small town charm. Distinctive neighborhoods attract people of varying interests as the cities' financial districts keep the area relevant in the business world. Recently a historic part of...