Press Releases

Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced today that it has signed a definitive agreement to acquire two Minneapolis hotels, the 229-room W Minneapolis Hotel - The Foshay, and the 60-room Le Meridien Chambers Minneapolis hotel, for total consideration of $101 million in cash ($349,000 per key). As part of the transaction, the Company will assume approximately $56.0 million of mortgage debt on the W Minneapolis Hotel. The assumed debt matures in May 2023 and carries a fixed rate of 5.46%. Post-closing, both properties will continue to be managed by Starwood Hotels.

Sharper Management, a locally-owned, mid-sized property management company located in Eden Prairie, MN, has recently been brought on board to manage the home owner’s association for Baily’s Arbor, Kirkhaven Rhapsody at Bailey’s Arbor, and Primrose at Bailey’s Arbor.

Reston, Virginia, August 27, 2013— MERSCORP Holdings, Inc. announced that the United States District Court for the District of Minnesota yesterday dismissed a lawsuit filed earlier this year by Ramsey and Hennepin Counties on behalf of themselves and all other Minnesota counties (the Counties), ruling in favor of MERSCORP Holdings, Inc., Mortgage Electronic Registration Systems, Inc. (MERS) and numerous other MERS® System members

IDX, Inc. is excited to welcome Kevin Conway with RE/MAX Advantage Plus in Prior Lake, Minnesota, to the daily expanding network of real estate agents and brokers choosing to incorporate custom IDX search tools into their websites, simplifying the property search for potential home buyers, and ultimately increasing sales. This IDX Broker software is unique in its ability to format raw data that is extracted from Conway’s local Multiple Listing Service (MLS), the NorthStar MLS(Northstar), into a custom search function displayed as a seamlessly integrated part of his site. The Northstar listing data is then updated automatically, on a daily basis, saving Conway time, in which he can use to provide each individual home seeker with a much more personalized online real estate search experience

IDX, Inc. welcomes Rebecca Sandelands and Sandelands Realty to the growing network of real estate agents and brokers who have chosen to revolutionize their professional websites with the innovative IDX Broker software. As a member of Northstar MLS (Northstar), Sandelands has long had the ability to scan Northstar listings. Now, her clients have the same level of accessibility, thanks to her custom IDX solution. Finding the perfect Isle, Minnesota property online has never been easier

IDX, Inc. is pleased to announce Tom Scott of REMAX Advantage Plus as the latest addition to the growing network of real estate professionals choosing to update their websites with an IDX solution. The comprehensive database of Northstar MLS is seamlessly displayed on the website Scott hosts, giving home seekers a complete online property search. With the unique IDX solution he presents online, Scott has forever changed the way potential Shakopee, Minnesota buyers search for luxury properties online.

With new accounts being set up each day, IDX, Inc. is pleased to welcome real estate agent Mary Adema with Competitive Edge Real Estate in Minneapolis, Missesota to the every growing list of real estate professionals customizing the search function of their website with IDX Broker software. Visitors to Adema’s site can now search the thousands of properties available on the Northstar MLS (Northstar) and create custom searches to help them narrow down their results.

MINNEAPOLIS - February 7, 2013 - (RealEstateRama) -- United Properties, along with project partner Jerry’s Enterprises, Inc., announced today that it will develop Bielenberg Gardens, a grocery-anchored shopping center in Woodbury, Minn. Located at the southwest corner of Radio Drive and Bailey Road, Bielenberg Gardens will feature 90,000 sq. ft. of retail space on a 30-acre site.

EUGENE, OR - February 1, 2013 - (RealEstateRama) -- Today, IDX, Inc. is pleased to announce IDX Broker has been enabled on the professional real estate website of Lino Lakes, Minnesota Broker Lane Thor of Lino Lakes Real Estate Group. By adopting a customizable IDX solution, Thor has synchronized his website to the Northstar MLS (Northstar) database, extracting raw listing data and seamlessly integrating it onto the search page he hosts. With IDX Broker software, Thor has created a dynamic online property search for his clients and other Minnesota area home seekers.

EUGENE, OR - January 28, 2013 - (RealEstateRama) -- IDX, Inc. and Dale Montgomery are revolutionizing the Centerville, Minnesota real estate search, by enabling IDX Broker software onto the website Montgomery hosts. As a broker, Montgomery presents area listings with ease and simplicity on his IDX enabled website. Northstar MLS (Northstar) properties are synced to the search page Montgomery hosts, creating a thorough, comprehensive and dynamic online database of local listings. By integrating IDX Broker software on his website, Montgomery has transformed the online real estate marketplace for his clients and his own business.

PLYMOUTH, MMN - June 20, 2012 - (RealEstateRama) -- Commercial real estate services firm Cushman & Wakefield/Northmarq has arranged a 203,000-square-foot lease renewal with Office Depot at Xenium Distribution Center, 1105 Xenium Lane North in Plymouth, Minn. Dave Paradise and Sydney Johnson of Cushman & Wakefield/NorthMarq in Minneapolis represented the landlord in the direct deal.