Finance & Commerce

Doran Lands $40 million in Loans

January 12, 2012

“Doran lands $40 million in loans for campus housing deals.” by Mark Anderson at Finance & Commerce. Read the full article here. Doran Companies announced $40 million in loan agreements for two apartment projects at the University of Minnesota-Twin Cities. The deals included permanent financing for the highly successful Sydney Hall project and construction financing [...]

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Star Tribune

Doran buys Pillsbury Mill land for $5 million

December 30, 2011

“Developer closes deal on land near historic Pillsbury A Mill” by Janet More, Star Tribune. Read the full article here. An exciting change is coming to the famed Mississippi riverfront. Doran Companies has completed a deal to buy the property directly adjacent to the historic Pillsbury A Mill in a $5 million agreement. A two-phase [...]

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Minneapolis St. Paul Business Journal

Doran project wins Best Overall Real Estate Project of 2010

December 1, 2011

“Dinky Dome apartment project wins top Best in Real Estate honors” by Sam Black, Minneapolis-St. Paul Business Journal. Read the full article here. Doran Companies is proud to announce that Sydney Hall and the Dinkydome won the Best in Real Estate award for Best Overall Project, awarded by the Minneapolis-St. Paul Business Journal. The $38.6 [...]

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Finance & Commerce

Commercial Property Owners Hit by Property Tax Increases

December 1, 2011

“Property Taxes: Commercial owners nicked for state budget deal” by Mark Anderson, Finance & Commerce. Read full article here. Commercial property tax increases and the flat economy are hampering development and business investment, developer Kelly Doran says. Increases have pushed real estate taxes up to $13 to $15 per square foot on his retail properties, [...]

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Star Tribune

A Place To Call Home

November 4, 2011

“A Place to call home” by Don Jacobson, Star Tribune. Read the full article here. Kelly Doran has shifted his focus to Multi Housing from retail in recent years. His latest project is the 412 Lofts at the U of M campus in Dinky Town. As Doran says, “In the Minneapolis–St Paul market there’s a [...]

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