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Seller cites weak results for $230M Rochester hotel deal
A California-based REIT, Sunstone Hotel Investors, has an agreement to sell four downtown Rochester hotels with a total of 1,222 rooms to the group for $210 million.
View ArticleMayo plan sheds light on pricey hotel sales
Wednesday’s announcement about plans to spend $6 billion to expand the Mayo Clinic and add luster to downtown Rochester may put the recent sale of four hotels in a little clearer light. But it still...
View ArticleDougherty units close financings
Two Dougherty & Co subsidiaries announced on Friday their participation in pair of large, separate financing packages.
View ArticleMixed-use complex planned near Mayo
A potential building boom centers on nearly $600 million that the state of Minnesota and city of Rochester have promised to spend on infrastructure in coming decades.
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