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Local businessmen buy Townhouse in downtown Grand Forks

Two local businessmen have partnered to purchase the Townhouse in downtown Grand Forks.

Kevin Ritterman and Craig Tweten purchased the hotel at 710 First Ave. N. for $2,225,000 under the name Northern Pacific, according paperwork filed Nov. 2 with Grand Forks County.

Ritterman is the CEO for Dakota Commercial, a real estate company in Grand Forks. Tweten founded Community Contractors Inc., which is a construction management and general contracting business in Grand Forks.

Formerly known as the Red Roof Inn, the Townhouse was built in 1975 and previously was owned by IDA Hospitality of Winnipeg. The company bought the hotel in 2013, when it was called the GuestHouse TownHouse.

The hotel left the Red Roof Inn chain in September.

Tweten and Ritterman had been in talks to buy property from IDA that was near the hotel, but plans evolved into an agreement to purchase the 103-room facility, Ritterman said.

The two will proceed with a project to renovate rooms in the hotel, as well as plans for capital improvements. They also will continue to rent space to the hotel’s restaurant, Muddy Rivers Bar and Grill.

April Baumgarten

April Baumgarten joined the Grand Forks Herald May 19, 2015, and covers business and political stories. She grew up on a ranch 10 miles southeast of Belfield, where her family continues to raise registered Hereford cattle. She double majored in communications and history/political science at Jamestown (N.D.) College, now known as University of Jamestown. During her time at the college, she worked as a reporter and editor-in-chief for the university's newspaper, The Collegian. Baumgarten previously worked for The Dickinson Press as the Dickinson city government and energy reporter in 2011 before becoming the editor of the Hazen Star and Center Republican. She then returned to The Press as a news editor, where she helped lead an award-winning newsroom in recording the historical oil boom.

Have a story idea? Contact Baumgarten at 701-780-1248.

(701) 780-1248
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