Two Mortgage Companies Plan to Expand into Twin Cities

MINNEAPOLIS-Two national mortgage companies have announced their plans to expand into the Twin Cities.

By GlobeSt News Hub | January 12, 2011 at 01:01 AM

MINNEAPOLIS-Two national mortgage companies have announced their plans to expand into the Twin Cities. Atlanta-based First Option is planning to open an office located at the Centennial Lakes complex in Edina with 12 officers.

MetLife, a division of New York MetLife Bank, has opened an office with seven employees in Bloomington. The mortgage company has plans to add three to five more mortgage offices statewide with nearly 35 loan officers. For the full story, go to Minneapolis/St. Paul Business Journal.

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.

1 Multifamily Faces Steepest Price Drop Since 2008

2 Ten Markets Where Millennials are Putting Down Roots

3 Rental Market Faces Unusual Summer as Vacancies Hit New Highs

4 CRE Finds Its Footing as Price Gaps Narrow

5 Young Adults’ Financial Struggles Reverberate Through CRE

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information

Waterfront Office Outperforming in Minneapolis-St. Paul

By Anthony Russo | June 27, 2025

Vacancy and asking rates are more favorable among these properties compared with Class B's.

Waterfront Office Outperforming in Minneapolis-St. Paul

Minneapolis-St. Paul Sees Industrial Revival Amid Lower Cap Rates

By Anthony Russo | March 21, 2025

The most favorable rates can be found on upscale finishes and new Class As.

Minneapolis-St. Paul Sees Industrial Revival Amid Lower Cap Rates

This Midwest City is Top Rental Market to Watch

By Kristen Smithberg | January 16, 2025

Affordability, urban amenities and a high quality of life continue to attract renters.

This Midwest City is Top Rental Market to Watch

2025 State of Renter Delinquency and Default link

Report

Sponsored by TheGuarantors

2025 State of Renter Delinquency and Default

Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.

Browse More Resources ›

CRE Property Management Assessment: Your Building Operations Scorecard link

Assessment

Sponsored by Building Engines

CRE Property Management Assessment: Your Building Operations Scorecard

How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.

Browse More Resources ›

5 Strategic Moves to Protect Your Multifamily NOI in 2025's Squeeze link

White Paper

Sponsored by TheGuarantors

5 Strategic Moves to Protect Your Multifamily NOI in 2025's Squeeze

Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.

Browse More Resources ›