Strategic Execution Drives Record Per-Unit Sale of Venue Apartments

Roers Companies is pleased to announce the successful sale of Venue Apartments, which officially closed on December 10, 2025. The community sold at the highest per-door trade in the suburban Twin Cities for both 2024 and 2025.

Venue Apartments opened in 2019 with 46% of units pre-leased and stabilized rapidly. Throughout the hold period, the community maintained strong and consistent occupancy, demonstrating sustained renter demand and the effectiveness of Roers Cos.’ development, leasing, and property management execution.

Operational Performance Exceeded Expectations

Venue Apartment’s financial performance significantly outpaced initial underwriting assumptions. Net operating income exceeded the original pro forma by 38%, representing several hundred thousand dollars of additional annual income above projections. This outperformance was driven by disciplined expense management, strong rent growth, and consistent resident demand, all of which directly increased cash flow available to investors.

The property also benefited from assumable debt with an interest rate below 4%, which made financing more attractive for potential buyers. This feature expanded the buyer pool, increased competition during the sale process, and supported a premium valuation at exit.

Investor Outcomes

This shift is creating persistent and accelerating demand for multifamily housing. Vacancy rates remain tight in many cities, and national projections indicate the U.S. will require 4.3 million new apartment units by 2035 to keep pace with demand. The shortfall is so severe that some markets are facing structural undersupply that will extend well into the next decade. Today’s renters are not looking for temporary alternatives; they are looking for flexibility, community, high-quality amenities, and long-term livability. Modern multifamily communities meet these expectations better than older stock or single-family rentals. Together, these factors underscore a lasting change in the housing landscape, one that will continue to drive strong and sustained demand for multifamily living.

Meeting Market Demand Through Scaled, Strategic Multifamily Development

As a result of strong operating performance and execution, investors received more than 100% of their original equity prior to the sale, meaning they recovered their full initial investment while still retaining ownership until exit. In addition, investors benefited from:

– Strong annual cash distributions during the hold period

– A high annual rate of return, measured as the internal rate of return (IRR) — which represents the average percentage return investors earned each year on their invested capital

– A substantial final cash distribution at sale

The sale of Venue Apartments exemplifies Roers Cos.’ investment approach: deliver high-quality communities, optimize performance throughout the hold period, and execute strategic exits that maximize investor value, even in evolving market conditions.

Roers Cos. remains committed to developing and operating thoughtfully designed multifamily communities that meet renter demand while delivering strong, risk-adjusted returns to investors.

Interested in learning more about how we deliver results through disciplined execution and strategic timing? Connect with your investor relations professional directly or contact the investor relations team here.

Date Published 12/19/2025

NO OFFER OF SECURITIES; DISCLOSURE OF INTERESTS: Under no circumstances should any material or information contained herein be used or considered as an offer to sell or a solicitation of any offer to buy an interest in any investment. Any such offer or solicitation will be made only by means of a confidential offering memorandum relating to the particular investment. Access to information about investments with projects undertaken by Roers Companies LLC, Roers Companies Project Holdings LLC, or any of their respective affiliates is limited to investors who qualify as accredited investors within the meaning of the Securities Act of 1933, as amended. Investment outcomes vary. Past success does not guarantee future results. 

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