Ameriprise to purchase foreclosed Hotel Ivy

    Ameriprise Financial Inc. is buying Hotel Ivy and restaurant in downtown Minneapolis. The luxury hotel went into foreclosure earlier this year. A spokesman for Ameriprise says the hotel offers the chance to reduce travel costs for employees and financial advisors. Ameriprise also owns a hotel and conference center in Chaska.
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    Ameriprise Financial Inc. is buying Hotel Ivy and restaurant in downtown Minneapolis. The luxury hotel went into foreclosure earlier this year. A spokesman for Ameriprise says the hotel offers the chance to reduce travel costs for employees and financial advisors. Ameriprise also owns a hotel and conference center in Chaska.

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