Minneapolis Hotel Ventures Buys Radisson RED in Minneapolis

SaleHospitalityMinneapolis Core (Downtown / North Loop / Northeast)

Reported Oct 22, 2026 · Source: Marcus & Millichap

Source: Marcus & MillichapRead the full report at Marcus & Millichap ↗

Deal details

Buyer
Minneapolis Hotel Ventures
Seller
Choice Hotels International (Marcus & Millichap represented seller)
Price
Not disclosed
Size
164 rooms
Asset class
Hospitality
Transaction
Sale
Sub-market
Minneapolis Core (Downtown / North Loop / Northeast)
Metro
Minneapolis-St. Paul
Reported date
Oct 22, 2026

Summary

Ferguson procured the buyer, Minneapolis Hotel Ventures. Ferguson, Jon Ruzicka, Reed Gizinski and Brock Banken, investment specialists in Marcus & Millichap’s Minneapolis office, marketed the property on behalf of the seller, Choice Hotels International, INC. Source: Marcus & Millichap.

Summarized from the article; the quoted lines below are from the article itself.

Source: Marcus & Millichap

Read the full report at Marcus & Millichap. What the article says:

  • Deal / Size
    Marcus & Millichap announced today the sale of Radisson RED, a 164-room, contemporary lifestyle hotel in Minneapolis' Mill District.
  • Deal
    Marcus & Millichap Arranges Sale of 164-Room Radisson RED Hotel in Minneapolis
  • Buyer
    Ferguson procured the buyer, Minneapolis Hotel Ventures.
  • Seller
    Ferguson, Jon Ruzicka, Reed Gizinski and Brock Banken, investment specialists in Marcus & Millichap’s Minneapolis office, marketed the property on behalf of the seller, Choice Hotels International, INC.

Frequently asked questions

Who bought the Radisson RED property?
Minneapolis Hotel Ventures bought the Radisson RED property in Minneapolis Core, according to Marcus & Millichap.
Who sold the Radisson RED property?
The seller was Choice Hotels International, per Marcus & Millichap.

Related deals in Minneapolis Core

All Minneapolis Core deals · More hospitality deals in Minneapolis · Minneapolis-St. Paul: this week and archive

Compiled from public sources; details can differ between sources. Always verify with the linked source.