Doran Lands $40 million in Loans
“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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Doran buys Pillsbury Mill land for $5 million
“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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Doran project wins Best Overall Real Estate Project of 2010
“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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Commercial Property Owners Hit by Property Tax Increases
“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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A Place To Call Home
“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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