Commonwealth Properties, a St. Paul developer that specializes in developing boutique hotels in vintage properties, has bought a 63-acre former convent and conference center on the shores of Lake Pepin.
The Rochester Post-Bulletin reports on the sale of Villa Maria conference center, located about 12 miles downriver from Red Wing.
Commonwealth paid $2.25 million for the conference center, and owner John Rupp said he plans to revamp the property into a "romantic country boutique hotel” that takes…
