Dan Netter

A hotel located next door to Blaine’s National Sports Center has been put up for sale with a listing price of $9 million, according to a Marcus & Millichap listing.

A 237-unit apartment building in Richfield has traded between two big local players in the Twin Cities multifamily space for $52.2 million, according to a certificate of real estate value released Wednesday.

The AC Hotel in downtown Minneapolis has brought in $30 million in a sale that happened between its developer and a Maryland-based REIT, according to documents made public earlier today.

> Q&A: Building community development connections with Northspan’s Shaun Hainey

> Council fails to overturn Frey veto on right of first refusal ordinance

Beacon Interfaith Housing Collaborative is hoping to see a vacant lot on St. Paul’s East Side rezoned so the nonprofit developer can build a 53-unit apartment building on the site, according to city planning documents.

> Maple Grove OKs elementary school in development hotspot

A little over a week after its planning commission voted in favor of it, the Shakopee gravel pit got a thumbs-up Tuesday from the Shakopee City Council.

A interim use permit was recommended by the Minneapolis Business, Housing and Zoning Committee meeting on Tuesday, which, if approved by the entire City Council, will allow for a 30-bed shelter to open at 1803 Bryant Ave. N.

> Minneapolis committee OKs $17M in housing trust fund awards