News

Development Partner Logan Schmidt Shares Insights on Austin’s Multifamily Market

Logan Schmidt, a development partner with Roers Companies, recently shared his insights on the Austin Real Estate Investing podcast, hosted by Austin real estate agent and investor Jordan Moorhead. In this episode, Logan dives into the rapidly expanding Austin market and discusses the unique opportunities and challenges Roers Cos. has faced while establishing a presence in Texas. Reflecting on Roers...

Roers Companies Tops the Fast 50 List

The Minneapolis/St. Paul Business Journal revealed the 2024 Fast 50 rankings, naming Roers Companies as the No. 1 fastest-growing private company in the Twin Cities. This recognition highlights our strong financial performance from 2021–23, tracking revenue growth year over year. Our team celebrated this achievement alongside other honorees on October 24, 2024, recognizing the hard work and dedication it took...

75-Acre Mixed-Use Redevelopment “The Boulevard” Breaks Ground

On Wednesday, Oct. 23, 2024, Scannell Properties, an international commercial real estate developer, and Roers Companies, a national multifamily real estate company, came together with officials from the City of Plymouth and others for a ceremonial groundbreaking of The Boulevard. Representatives shared remarks during the event emphasizing the impact of the future amenities planned for the 75-acre site. Formerly home...

Expand Your Horizons: Discover a Career in Multifamily Construction

Are you looking for a career that offers both personal and professional fulfillment? The construction industry presents a wealth of opportunities for individuals seeking a dynamic and rewarding path. With a growing demand for skilled workers and a variety of career paths, construction offers a stable and fulfilling field for those looking to expand their horizons. October is Careers in...

Phoenix Business Journal Spotlights Affordable Housing

The Phoenix Business Journal recently spotlighted Roers Companies' expansion in the Grand Canyon State. The article by Angela Gonzales showcases recently opened Solana Villas — pictured here — as the first of several properties to welcome residents in Arizona. The interview with Executive Vice President Shane LaFave, who oversees our new development activity at Roers Cos., revealed plans to bring...

Ranked #17 Among Largest Residential Property Management Firms in Twin Cities

Roers Companies is proud to announce its recognition as one of the largest residential property management firms in the Twin Cities, securing the #17 spot on this year’s Minneapolis/St. Paul Business Journal list. As of August 1, 2024, Roers Cos. manages an impressive 2,168 units across the metro area. This milestone reflects the commitment, hard work, and expertise of the...

Shane LaFave Joins The Best Ever CRE Show Podcast

Roers Companies’ Executive Vice President Shane LaFave recently appeared on The Best Ever CRE Show podcast, hosted by Joe Cornwell. He provided an in-depth look at how Roers Cos. approaches real estate development and navigates the complexities of today’s multifamily market. As Roers Cos. continues to grow its presence nationwide, LaFave shared key insights into the company’s strategies for identifying new...

First Arizona Residents Move into Solana Villas

Solana Villas in Buckeye, Arizona opened its doors over the weekend, celebrating the first move-ins and marking the first Arizona residents for Roers Companies! The community includes 1-, 2-, and 3-bedroom apartments. With an outdoor pool, club room, fitness center, and more, Solana offers 200 units of affordable housing just 40 miles southwest of the city of Phoenix. Congratulations to...

Video: Exploring Careers in Property Management

Roers Companies is proud to be a vertically integrated real estate firm, which means we oversee every aspect of our developments—from construction to property management. This alignment allows us to streamline processes and strengthen efficiencies, ensuring that our goals as both owners and property managers are closely connected. In doing so, we create a cohesive, high-quality experience across all of...

Key Moments from the 2024 MADACS Awards

The 29th annual Minnesota Multi Housing Association (MHA) MADACS Awards proved to be a standout event, bringing together over 1,500 industry professionals to celebrate achievements in the multifamily sector. Roers Companies was pleased to be involved as a Diamond Sponsor and to have several team members recognized among the finalists. A special congratulations to Mike Eden (Maintenance: Roving) and Keri-Lynn...

Roers Cos. Among Top 100 Largest Private Companies

Roers Companies has been listed as one of the Top 100 Largest Private Companies of 2024 by the Minneapolis/St. Paul Business Journal, ranking #92 on the list. The ranking is based on 2023 revenue. To qualify, a company must have headquarters in Minnesota, be a for-profit operation and not issue stock to the general public. We're honored to be acknowledged...

Shane LaFave Shares Insights on Twin Cities Multifamily Market

In a recent feature by Multi-Housing News, Shane LaFave, executive vice president at Roers Companies, provided valuable insights into the multifamily housing landscape in the Twin Cities. LaFave oversees the company's development efforts from project conception to construction completion. "The Twin Cities doesn’t experience the steeper highs and lows like some other markets, which is attractive to some investors," LaFave...

First Colorado Residents Move into Mural Apartments

Our first Colorado residents have officially moved in! Mural Apartments in Aurora opened its doors this week. Mural offers 216 units of affordable housing, designed to reflect the colorful spirit of the Aurora community. From stone countertops and stainless steel appliances to a refreshing pool, modern fitness center, and co-working spaces, Mural is more than just an apartment—it's a vibrant...

Inc. 5000 Highlights Roers Companies as #344 Fastest-Growing Private Company in America

Roers Companies is proud to announce our ranking as No. 344 on the 2024 Inc. 5000 list, a prestigious compilation of the fastest-growing private companies in America. This recognition comes as a result of the company's impressive three-year revenue growth of 1,261%, solidifying our position as a leader in the multifamily real estate industry. “We’re thrilled to be ranked No....

Roers Cos. Among Top 50 Multifamily Property Management Firms in the Nation

Roers Companies has been listed as one of the Top 50 Multifamily Property Management Firms of 2024 by Multi-Housing News (MHN), ranking #48 on the list. The ranking is based on several factors beyond the sheer number of units. MHN factors in the diversity of properties—ranging from affordable housing to market-rate apartments and senior living communities. Additionally, our strong occupancy...

Strengthening Our Team: 2024 Engage Conference Highlights

The 2024 Engage Conference brought our entire team together for two powerful days of learning and collaboration July 11-12, 2024. Team members built connections, honed their skills, and celebrated achievements from the first half of the year. Now, energized and aligned, the team is setting ambitious goals for the future! Opening Insights The conference kicked off with Roers Cos.' owners...

2024 Star Tribune Top 200 Workplaces Announced

Roers Companies is thrilled to announce that we have been named one of the Star Tribune's Top 200 Workplaces for 2024! This prestigious recognition places us among the best organizations in Minnesota for employees. The Top 200 Workplaces list is based on feedback from our employees, collected through an independent survey conducted by Energage. This survey measures various aspects of...

The Roers Brothers Talk Development, Challenges, and Achievements with Finance & Commerce

In a recent interview with Finance & Commerce, Roers Companies Owners and Co-founders Brian and Kent Roers discuss our ongoing efforts to meet housing demands, the expansive Prudential campus redevelopment in Plymouth, Minn., their inclusion as finalists for the Ernst and Young Entrepreneur Of The Year Heartland awards, and our unique approach to multifamily construction. Article Excerpts Q: How many...

Roers Cos. Celebrates Spot in Austin Construction Rankings

We're excited to share that Roers Companies has landed #34 on the Austin-area commercial construction companies list, ranked by billings of local projects. This achievement is particularly meaningful as we continue to establish ourselves in the vibrant Austin market. Our team's efforts and the support of our partners have been instrumental in achieving this ranking. We are proud to contribute...

Leading the Way in Affordable Housing Development

Roers Companies is pleased to announce our placement among the top 10 on Affordable Housing Finance's recent list of Affordable Housing Developers. This ranking reflects our ongoing efforts to address the need for affordable housing across the nation. In 2023, we initiated six affordable housing projects, adding a total of 1,185 units. These projects are part of our commitment to...

Article Highlights Roers Cos. Leaders’ Strategy to Building a Thriving CRE Business

Roers Companies Owners and Co-founders, Brian Roers and Kent Roers, sat down with REJournals reporter Dan Rafter recently to talk about company success, the multifamily market in the Twin Cities, how investment works in regards to Roers Cos. projects, and future plans for growth. Article Excerpts "What do you enjoy about working in commercial real estate? Brian: I enjoy the positive...

Twin Cities Largest General Contractors List Includes Roers Cos.

Roers Companies is thrilled to announce that we have landed #16 on the Minneapolis-St. Paul Business Journal's 2024 list of largest general contractors in the Twin Cities. This prestigious ranking highlights our team's dedication and hard work, especially as we make our debut on this esteemed list after launching our general contracting division in 2022. Roers Companies has consistently focused on...

Risor of St. Louis Park Recognized as 2023 Top Project Honoree

Finance & Commerce's prestigious Top Projects list recently named Roers Companies' Risor of St. Louis Park as one of the best projects of 2023! Since opening in November, Risor has set a new standard for vibrant, community living for its active 55+ residents. The Top Projects awards celebrate projects throughout the state of Minnesota based on the degree of difficulty,...

Roers Cos. Among Top 10 Multifamily Developers in Austin, Texas

This week, Roers Companies joined the Austin Business Journal's list of largest Austin multifamily developers for the first time, entering the list as the eighth most active company in the region! During 2023, Roers Companies developed or delivered 895 units in the Austin area. This exciting milestone highlights our dedication to the Austin, Texas market and our focus on delivering...

Los Angeles Times Spotlights Roers Cos.’ Unique Investment Opportunities

Roers Companies is transforming the landscape of real estate investment by offering private investors opportunities traditionally reserved for large financial institutions. A recent article in the Los Angeles Times highlights how Roers Cos. is making high-return investments accessible to everyday investors. By partnering with individual investors rather than relying on institutional equity, Roers Cos. ensures more people can benefit from...

Roers Brothers Named Entrepreneur Of The Year® 2024 Heartland Award Finalists

Ernst & Young LLP (EY US) has named Brian Roers and Kent Roers, Owners and Co-Founders of Roers Companies, as finalists for the Entrepreneur Of The Year® 2024 Heartland Award. The program celebrates entrepreneurs from the Dakotas, Iowa, Minnesota, Missouri, Nebraska, and Kansas. Brian and Kent Roers were selected from a competitive pool of regional entrepreneurs, recognizing their commitment to...

Building Sustainable Communities: Earth Day 2024

At Roers Companies, we believe that sustainable living is not just a trend but a responsibility. As a multifamily real estate company with projects throughout the United States, we are committed to being good stewards of the planet. This Earth Day, we are proud to highlight some of our sustainable initiatives and projects that showcase our commitment to sustainability. Renewable...

2024 Multifamily Property Management Company of the Year

The Roers Companies team celebrated with industry members at the 2024 Minnesota Real Estate Awards on Thursday, April 18! We're thrilled to announce that Roers Cos. was named Multifamily Property Management Company of the Year, and our very own Lara Page was recognized as the Female Real Estate Lawyer of the Year! This is an incredible honor. Additionally, Roers Companies...

Roers Cos. Ranks Among Top Developers and Builders on 2024 NMHC List

Roers Companies earned national recognition today on the National Multifamily Housing Council’s (NMHC) 2024 NMHC 50, the annual ranking of the nation’s top apartment owners, managers, developers, builders, and syndicators. Roers Cos. secured the 12th spot among the largest apartment developers in the country, with 3,291 units breaking ground throughout 2023. Additionally, Roers Cos. landed at No. 21 among the...

Roers Companies Named a 2024 Top Workplace by USA Today

We're excited to announce that Roers Companies has once again been recognized as a top workplace. This week, we joined the USA TODAY Top Workplaces 2024! Winners are identified solely based on employee feedback gathered through the Energage employee engagement survey. Companies were chosen based on the results of surveys taken over 12 months in 2023. Thank you to all...

Roers Cos. Ranks #2 on Business Journal Largest Developers List

Roers Companies has secured the #2 spot on the Minneapolis/St. Paul Business Journal list of Largest Real Estate Developers in the Twin Cities! With over 3.75 million sq. ft. of development in the Twin Cities since 2021, this accomplishment is a testament to the dedication and expertise of our employees and partners. This also marks the fifth straight year in...

First Utah Residents Move In

Solis at Jackson Station in Salt Lake City welcomed its first residents home this week, marking the first Utah move-ins for Roers Companies! With an impressive array of amenities including a pool, state-of-the-art fitness center, yoga room, pet spa, outdoor grilling stations, and club room, Solis brings 363 units of much-needed affordable housing to the area. This is the first...

Elevate 2024: Winter Conference Key Takeaways

Roers Companies’ Elevate 2024 conference united team members for two days of learning, growing, and connecting on January 18–19, 2024.  Kent and Brian Roers kicked off the conference with a memorable message about building a stairway to success. Attendees heard from a number of departments throughout the event about how each team contributes toward our shared purpose. On Thursday, guest...

The Wildwood at Main Awarded ABC Project of Distinction

The Associated Builders and Contractors (ABC) of Wisconsin recognized The Wildwood at Main as a Silver Project of Distinction winner at the Excellence in Construction award banquet on Thursday, January 18, 2024. This award highlights the quality, professionalism, and merit of the most impressive construction projects in Wisconsin. The Wildwood at Main provides 172 affordable units to the Sun Prairie,...

Reflecting on 2023 at Roers Companies

Roers Companies had a big year in 2023! From development milestones, groundbreakings, and resident move-ins to opening new regional offices, team growth, and award recognition, 2023 was one to remember. We're incredibly thankful for our team, investors, partners, and friends who made 2023 a year of many milestones and incredible memories. Cheers to more in 2024!  

Shane LaFave Named a 2023 POWER 30 Developer

Finance & Commerce unveiled its POWER 30 Developers list, highlighting influential figures in Minnesota's development community. The selection process involves interviews with respected community members and a review of Finance & Commerce's archives to identify individuals with significant achievements and influence in the state's real estate development sector. Roers Companies proudly celebrates the inclusion of our very own Executive Vice...

Tom Cronin Named MSPBJ 2023 CFO of the Year Honoree

Congratulations to our Chief Financial Officer Tom Cronin, who was selected as one of the Minneapolis/St. Paul Business Journal's 2023 CFO of the Year Honorees! MSPBJ announced and recently celebrated honorees at a luncheon. Colleagues and family joined Tom at the celebration. Tom has made a significant impact in a relatively short time at Roers Companies. Since joining in March...

The Wildwood at Main Apartments Now Complete in Sun Prairie

Roers Companies made headlines this week as construction wrapped up on The Wildwood at Main, a new 172-unit affordable apartment community in Sun Prairie, Wisconsin. The first residents moved into their new homes in the north building early in September while construction and landscaping were finalized. Now all residents are welcome to enjoy comfortable finishes, nature-inspired features, and a host...

Roers Cos. Breaks Ground on Project in Victoria, Minnesota

Roers Companies celebrated the groundbreaking of Rowe on Monday, Oct. 23 in Victoria, Minnesota. Colorful fall leaves and a sunny day set the scene for this joyous event with city partners including Mayor Deb McMillan, members of Roers General Contracting, Roers Cos. leadership, investors, and project partners all in attendance. Marty McCarthy, a developer on the project, addressed the crowd...

New Video Highlights Investor Experience

It's always great to hear straight from investors about why they partner with Roers Companies. What benefits have they seen while working with us? What does the investor experience look like? Investor trust and support have been instrumental in Roes Cos. success. We have developed more than $2 billion in real estate and created more than 11,000 homes in communities...

Doors Open at First Project in Texas

The Narrows in Hutto, Texas welcomed its first residents on September 29, 2023, marking the first Texas move-ins for Roers Companies! With modern interiors, a pool, community lounge, fitness center, and more, The Narrows Apartments offers 300 units of affordable housing just outside of the city of Austin. Hats off to the hardworking teams who have turned this project into...

Roers Brothers Featured on “Off the Record” Podcast

Owners and Co-Founders Kent Roers and Brian Roers discussed founding the business, brotherly competition, and company growth in a recent episode of the “Off the Record” podcast hosted by Kathy Robideau of the Minneapolis/St. Paul Business Journal (MSPBJ) and Platinum Bank CEO David Faust. From their upbringing on the farm and playing hockey together to pursuing separate careers, then deciding...

Recognizing Excellence at the 2023 MADACS Awards

The Roers Companies team celebrated the best-of-the-best alongside industry peers at the Minnesota Multi Housing Association (MHA) 2023 MADACS Awards. Roers Cos. was pleased to be a 2023 MADACS Awards Platinum Sponsor and even prouder to have finalists nominated in four categories at the September 22 event. This is the biggest multifamily industry awards event in Minnesota with the purpose...

Execute the Extraordinary: 2023 Summer Conference Key Takeaways

Roers Companies’ summer Engage conference united team members from across states, offices, and sites for three days of learning, team building, and celebration. This year’s theme was “Execute the Extraordinary,” and attendees heard from a number of internal leaders about how we plan to achieve our goals in 2023 and beyond. Owners Kent Roers and Brian Roers kicked things off...

2023 RoCo Awards Recipients

We are excited to unveil the winners of the 2023 RoCo Awards! Roers Companies hosted our third-annual RoCo Awards ceremony on Thursday, July 27, which included a celebration with the team and loved ones to recognize the individuals and properties that were voted by their peers as best-in-class. Please join us in congratulating this year’s winners! Customer Service Award: Mike...

Fridley Affordable Housing Redevelopment in the News

Roers Companies made headlines with the recent purchase of Fridley shopping center property, Moon Plaza, which will be redeveloped for affordable housing. This exciting project caught the attention of both Finance & Commerce and the Minneapolis/St. Paul Business Journal who covered the closing. Brian Johnson of Finance & Commerce wrote: “Less than 15 months after completing a redevelopment of the...

Roers Companies is a 2023 Top 200 Workplace

The Star Tribune recently released the 2023 Top 200 Workplaces list, which names Roers Companies among the best-of-the-best organizations for Minnesota employees. This award is a direct result of the feedback Roers Cos. employees provided in an independent survey collected by a company called Energage aimed at measuring employee opinions regarding engagement, organizational health, and satisfaction. The survey went out...

Realty 411 Article: Real Estate Investment Is Still A Good Idea

"In 2023, well-informed individual investors are looking to diversify their portfolios even during this time of turbulence and trepidation. While some are buckling down or momentarily bowing out, savvier investors are still pursuing a diverse mix of investments to position themselves to do more than just weather the storm. One ally in the battle can be private real estate investment...

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