Realty Funding Group Announces Ability to Quickly Fund Loans in the Bakken Region

REALTY FUNDING GROUP ANNOUNCES ABILITY TO QUICKLY FUND LOANS IN THE BAKKEN REGION ON COMMERCIAL AND RESIDENTIAL REAL ESTATE DEVELOPMENTS DENVER, Colorado — Realty Funding Group (RFG) announced today that it has expanded its platform to lend in the Bakken and surrounding regions of North Dakota. The direct lender has the ability to quickly and… [More…]

Protecting the Nest Egg: Legislature to Debate Money Allocation

The three answers former speaker of the North Dakota house, Representative David Drovdal, gives when asked what the big issues coming down the pike in the upcoming legislative session are going to be don’t vary. They are: money, money and money. Who gets it, who doesn’t, and who pays for it. For the 63rd Legislative… [More…]

Economic Forecast: Money Doesn’t Grow on Trees?

It’s not necessarily a problem – finding ways to spend billions of dollars. It’s a question North Dakota’s legislators aren’t taking lightly, though. And the swelling Legacy Fund is certainly the most obvious evidence of the state’s super-charged economy – and the reason economic forecasters see nothing but blue skies ahead. From energy to agriculture,… [More…]

Rapid City Conference Highlights Opportunities in Bakken

RAPID CITY, S.D. ­­- Development of the Bakken oil patch is a long-term play, and it’s not too late for businesses to participate in the booming economic growth in western North Dakota, according to former Gov. Ed Schafer. Schafer, who was North Dakota’s chief executive from 1992 to 2000, serves on the Board of Directors… [More…]

Former N.D. Gov. Schafer to keynote Rapid City Bakken conference

RAPID CITY, S.D. – Former North Dakota Gov. Ed Schafer will be the keynote speaker Dec. 11 at a conference in Rapid City, SD, to explore the Bakken oil boom and business opportunities it presents for West River small businesses. Schafer was elected governor of North Dakota in 1992 and was re-elected in 1996. He… [More…]

Building the Roughrider State

The Bakken Continues to Develop North Dakota’s powerhouse economy, fueled by the millions of barrels of oil gushing out of the Bakken formation, is capturing the attention of the world. What is less obvious is the construction that has both spurred and resulted from the oil boom — and which is sorely needed to keep… [More…]

They’re Good Challenges to Have: Meeting the Needs of North Dakota’s Economic and Population Boom

“We are blessed in North Dakota, and oil and gas development is a big part of our good fortune,” said Governor Dalrymple in a statement. North Dakota is seeing growth in all its industries, including energy, technology, tourism, agriculture and manufacturing. According to news releases from the governor’s office, the state has kicked off the… [More…]

Oil Wells & Water: The Demand Rises

As oil development continues to both enrich and challenge the state of North Dakota, providing access to water for both domestic and industrial use has become one of the most urgent issues that commands the attention of private enterprise as well as government entities. “The main challenge is just the water supply in general,” explains… [More…]

Nakota Development opens first Value Place franchise in burgeoning Bakken region of North Dakota

WILLISTON, N.D. (October 23, 2012) – Nakota Development Company, a full-service real estate development and management company based in Jacksonville, Fla., officially opened its first Value Place location here. Nakota Chairman/CEO Art Cahoon officiated a Sept. 25 grand opening ceremony attended by Value Place corporate executives, staff of the new property and representatives of the… [More…]

October 2012: Around the State

Target Logistics Launches Mobile Crew Camp Division Target Logistics has launched a brand of mobile crew camps. The crew facilities are designed for operations that relocate frequently and need rapidly deployed housing solutions. The units are self-contained, movable and easy to permit and are expected to result in greater productivity, lower attrition and fewer onsite… [More…]

Production Sustainability: The Leaps and Bounds

Oil production in North Dakota’s Bakken and Three Forks Formations is at record highs and growing, but is it sustainable at current levels? For how long? “Our growth has been extremely rapid. Technology and price have come together with the geology,” said Ron Ness, president of the North Dakota Petroleum Council, a 60-year-old organization that… [More…]

September 2012: Around the State

St. Alexius Announces Clinic Expansion in Mandan Due to increasing demands, St. Alexius is moving and expanding the healthcare organization’s Mandan operations.  The new 22,000 square foot healthcare facility is expected to open in 2014 and cost around $8 million to complete.  The clinic will offer of imaging, laboratory and select rehabilitation therapy services as… [More…]

Land Issues: Developing the Amber Waves of Grain

It was Will Rogers who famously recommended that people invest in land because “they ain’t makin’ any more.” Well, they ain’t makin’ any more in North Dakota, either, which is why legislators and residents are grappling with a variety of issues relating to its limited supply of what is, in many cases, highly profitable land.… [More…]

Government Regulations: A Balancing Act

With a production of more than one-half million barrels of oil everyday, North Dakota’s robust oil and gas industry remains a prime target of interest for environmentalists as well as regulators at all levels. “The regulations just continue to pile up,” explains Ron Ness, president of the North Dakota Petroleum Council. “They have people whose… [More…]

Bakken Provides Opportunities and Challenges

With oil production on a steady upswing, opportunities to grow North Dakota’s economy, attract new businesses and expand existing businesses are abundant. However, with these new opportunities come challenges. It is now more important than ever for state and local officials to work together to capitalize on this growth, meet these new challenges, and create… [More…]