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18 Doral, Dellwood

It took some time, just over two years, but the gorgeous luxury mansion in Dellwood at 18 Doral Road has final sold. Owned by Dwight Opperman (listed by Forbes as one of the 400 richest Americans),the home was first placed on the market in August 2011 for $12 Million. That price was halved in the Spring of 2013, and then dropped further to $3.5 Million six months later. It was finally sold for $3 Million in January 2014.

The new owner is CEO of Skyline Builders Inc, Roland Stinski.  The sale includes the main house, plus four additional lots in the neighborhood.

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Luxury Grand Hotel Downtown Minneapolis

Luxury Grand Hotel

Looks like the Grand Hotel in downtown Minneapolis has sold for $33 million to Pebblebrook Hotel Trust. According to Business Wire, the new owner plans on investing $4.5 million into building renovations. The building will continue as a top luxury hotel for Minneapolis.

The building was originally opened in 1915 as the Minneapolis Athletic Club, built by Bertrand and Chamberlin. Its short stature of 12 stories can be attributed to a 1920’s height restriction.

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