GRAND RAPIDS, MN-A delay of at least six months will allow the owners more time to come up with an economically viable plan, as well as win needed support from the local community for the project.

MINNETONKA, MN-The 2.5% increase in revenue from its mortgage loans to non-profit religious organizations allows the REIT to declare a $0.20625 per share dividend, representing a yield of 8.25%.

DES MOINES, IA-Most of the chain's restaurants are now in Iowa and Illinois. However, it will begin offering about 1,000 turnkey franchising packages cost from $150,000 to $170,000 nationwide.

SILVER BAY, MN-A demonstration plan could lead to a larger, $70-million iron ore processing plant. Kobe Steel, Ltd., Ferrous Resources LLC and Ferrometrics, Inc. already have signed on.

MINNEAPOLIS-The 10-story, 111,000-sf emergency housing facility offers 99 emergency housing units and 10 transitional housing units. The address changes to 614 S. Third St. after a $7-million renovation by BorSon Construction.

MINNEAPOLIS-The venture could create new income streams for property owners and developers in the St. Louis, Kansas City, Indianapolis and Cincinnati markets, as well as communication services to 2,500 units in each of those areas.

NORTHFIELD, MN-The Temple, TX-based grocery and food service distributor pays an undisclosed price for Holiday Cos.' Fairway Foods facility with plans to convert it to a distribution center for the convenience store industry.

ST. PAUL, MN-A city-backed project would transform former popular bowling alley, now a frequent destination for police cruisers, into a multifamily complex. Nine of the 36 units on the East Side would have sales prices meeting affordable guidelines.