1. Pioneer Press

    Stella Apartments Open on Wabasha in Downtown St. Paul

    The Stella welcomes its first residents to the former Ecolab tower on Wabasha Street.

  2. FOX 9

    Latest Office-to-Residential Redevelopment Opens in Downtown St. Paul

    Carl Kaeding on the three-year, $70 million conversion of the former Ecolab tower into 176 apartments.

  3. KARE 11

    New Developments in Saint Paul Mark the Start of Downtown's Transformation

    Stella's opening as part of a new chapter for downtown St. Paul.

  4. Star Tribune

    Minneapolis, St. Paul Seeing Early Success With Downtown Office Spaces Converted to Housing

    Office-to-housing conversions, including Stella, gaining traction in both downtowns.

  5. REjournals

    Inland completes equity raise for QOZ project in downtown St. Paul

    Inland closes Opportunity Zone equity for The Stella, with Kaeding as its development partner.

  6. Minneapolis / St. Paul Business Journal

    Converting a Downtown Office Tower Into Homes

    The financing and construction behind turning a vacant office shell into Stella.

  7. Sunrise Banks

    Inside The Stella: the Challenges of Turning an Office Tower into Homes

    The construction lender's look at the tower's history and the work of building new homes inside it.

  8. Multifamily Dive

    Former Ecolab tower in St. Paul undergoes $68M conversion

    How a market-rate office-to-apartment conversion works under St. Paul housing rules.

  9. REBusinessOnline

    PACE Loan Group Provides $15.8M C-PACE Loan for Office-to-Multifamily Conversion Project in St. Paul

    Energy-efficiency financing for the conversion, with a floor-by-floor look at the planned building.

  10. Urban Land

    Tackling Office-to-Residential Conversion in St. Paul

    The Ecolab building's purchase and plan for Class A apartments, in the context of St. Paul's conversion push.

  11. KSTP

    Developer converting abandoned St. Paul high-rise into downtown housing

    Kaeding is named developer of the long-stalled tower, restarting its conversion to housing.

  1. REBusinessOnline

    Inland Completes 261-Unit Evoni Apartments in Milwaukee's Historic Third Ward

    Evoni is completed by the Inland and Kaeding joint venture.

  2. Urban Milwaukee

    Friday Photos: New Apartment Building Rises In Summerfest's Shadow

    A construction photo tour of Evoni next to the Summerfest grounds.

  3. The Daily Reporter

    BUILDING BLOCKS: VJS Construction builds up Evoni Apartments

    A look at the general contractor's work on the building.

  4. REBusinessOnline

    Inland Closes $27M Capital Raise for 261-Unit Luxury Apartment Complex in Milwaukee's Historic Third Ward

    Equity for the Third Ward project, developed with joint venture partner Kaeding.

  5. Urban Milwaukee

    Plats and Parcels: Developer Pays $6 Million For Third Ward Site

    Kaeding buys the 2.85-acre site from the Italian Community Center.

  6. Urban Milwaukee

    Eyes on Milwaukee: Design Board Okays Third Ward Project

    The Third Ward design board approves Kaeding's five-story apartment building near Summerfest.

  7. BizTimes Milwaukee

    Breaking ground: Third Ward apartment complex

    Early plans for the five-story Third Ward apartment building and garage.

  1. Northmarq

    Northmarq's Debt + Equity team secures $50M refinancing of 235-unit multifamily property in Twin Cities metro

    A $50 million refinancing of the 235-unit building on the bluffs in Bloomington's South Loop.

Foxtail Hollow

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  1. Star Tribune

    You don't need to be a real estate mogul to start a property investment portfolio

    How Kaeding, through Auor Capital, opened Foxtail Hollow to everyday investors.

St. Paul Gateway

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  1. FOX 9

    Apostle Supper Club in St. Paul prepares to debut

    A preview of the Palm Springs-style supper club on the ground floor of the Arlow.

  2. Multi-Housing News

    Inland Opens St. Paul Apartments

    The 144-unit Arlow on Kellogg opens with Kaeding as partner, already well leased.

  3. REBusinessOnline

    Colliers Mortgage Provides $14.9M Loan for Construction of New Hotel in St. Paul, Minnesota

    Construction financing for the Courtyard by Marriott at the Gateway, across from Xcel Energy Center.

  4. The Development Tracker

    1960's Supper Club and Tiki Bar to Open Next to Xcel Energy Center

    The Apostle supper club and a tiki bar sign on for the Arlow's ground floor.

  5. Twin Cities Business

    Game-Changing Commercial Real Estate Developments

    The Gateway hotel and apartments make a roundup of major Twin Cities projects.

  6. The Development Tracker

    Xcel Energy Center Is Getting A New Neighbor

    The plan for apartments, a Courtyard by Marriott and a public plaza across from the arena.

Crowne Plaza Suites & MSP Aire Apartments

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  1. Bring Me The News

    Proposal would turn part of Bloomington hotel into micro apartments

    The plan to add apartments of several sizes, including affordable units, inside the hotel.

  2. Axios Twin Cities

    Bloomington's Crowne Plaza Aire hotel to convert rooms into tiny apartments

    Kaeding's proposal to convert much of the airport hotel into apartments.

Residence Inn by Marriott

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  1. REjournals

    Residence Inn by Marriott opens in downtown St. Paul

    The 100-suite hotel on Grand Avenue opens, developed by Kaeding and managed by Compass45.

  2. Star Tribune

    New hotel opens in St. Paul's West 7th neighborhood

    The new Residence Inn opens alongside the historic firehouse being restored next door.

  3. REBusinessOnline

    Dougherty Provides $15.1M Construction Loan for Hotel in St. Paul, Minneosta

    Construction financing for the Grand Avenue hotel, which includes preserving the historic firehouse.

Radisson Harborview

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  1. Duluth News Tribune

    Radisson in Duluth begins $4 million renovation

    A floor-by-floor renovation of every guest room and the public spaces, with the hotel kept open.

  2. Duluth News Tribune

    Duluth Radisson hotel's new owner plans face-lift

    Kaeding buys the landmark round hotel and lays out plans to renovate it.

Hampton Inn & Suites

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  1. Meetings Today

    New Hampton Inn & Suites Opening in Minneapolis University Area

    The 117-room hotel near the University of Minnesota, built with reclaimed wood and brick from a former factory.

Holiday Inn Express, Albert Lea

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  1. Albert Lea Tribune

    A.L. gets new hotel

    The grand opening of the Holiday Inn Express near I-35, with Carl Kaeding speaking as part owner.

  2. Albert Lea Tribune

    New hotel coming to Albert Lea

    The city sells a business park lot to the Kaeding group for a new Holiday Inn Express.

Company news

  1. The Daily Reporter

    200-unit riverfront apartment building gets OK in Milwaukee

    An early city approval for Kaeding's riverfront apartments in Milwaukee's Harbor District.

  2. BizTimes Milwaukee

    Developer plans 12-story apartment building along Milwaukee River near Third Ward

    Kaeding files plans for a 12-story apartment building at 234 S. Water St.

  3. Urban Milwaukee

    New Developer Hopes To Resurrect Harbor District Plan

    Kaeding's riverfront tower proposal, with an update on how Evoni is leasing.