In the News

Northlake Lofts Sold for $60 Million

Roers Companies Closes on Sale of Newly Built Apartments in Lakeville LAKEVILLE, MINN. — July 28, 2022 — Roers Companies sold its 208-unit Lakeville apartment community today. Belgarde purchased Northlake Lofts for $60 million — just three months after the first residents moved into the newly constructed building at 18400 Orchard Trail. This is the second property Roers Cos. has...

Roers Cos. Closes on Its Second Texas Acquisition

240-Unit Community Joins Roers Cos. Growing Texas Footprint SAN ANTONIO, TEXAS — July 28, 2022 — Today, Roers Companies acquired Rosemont at University Park through a partnership with San Antonio Housing Authority. The 240-unit affordable housing community was built in 2006 and includes eight residential buildings plus a central clubhouse and amenity area. A renovation is planned for early 2023...

Roers Companies Celebrates 10-Year Anniversary

Roers Companies is celebrating 10 years of business in 2022. We are grateful for the people who have worked alongside us throughout the past 10 years and we can't wait to see what we can achieve together by year 20! Check out the video below to hear from our founders about how Roers Companies got started and what's next for...

Announcing the 2022 RoCo Awards Winners

We are thrilled to announce the 2022 RoCo Awards winners! Roers Companies hosted our second-annual RoCo Awards on Thursday, July 14. We enjoyed an evening with our teams and loved ones recognizing 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: Confluence on 3rd Apartments Maintenance Professional...

Jamie Luehrs Honored with Patriot Award

Employer Support of the Guard and Reserve (ESGR) presents the Patriot Award each year to an individual supervisor for support provided directly to the nominating Service member. The award reflects the efforts made to support citizen warriors through a wide-range of measures including flexible schedules, time off prior to and after deployment, caring for families, and granting leaves of absence if...

Roers Cos. Celebrates Finalists at Minnesota Real Estate Journal Awards

Congratulations to our finalists for the 2022 Minnesota Real Estate Journal Awards — Jeff Koch, Erik McLaughlin, CPA, Allison Fischer, Beyond Apartments, and Roers Cos. were honored among the top people, properties, and companies in Minnesota commercial real estate. Our team is incredibly proud to celebrate Allison Fischer as the WINNER for Property Manager of the Year! Allison consistently exemplifies...

Core Living Becomes Roers Cos.

Roers Cos.' property management division, Core Living, has joined together with our commercial real estate development group under one name. Core Living has been a subsidiary of Roers Cos. since the company was founded in 2013, with shared ownership, an integrated leadership team, a single corporate office, and staff of both companies working side by side on new developments as...

Roers Companies Sells Woodbury Apartments for $65.16 Million

Roers Companies sold its 255-unit Beyond Apartments in Woodbury on Friday, March 11 to Milwaukee-based MLG for $65.16 million — just six months after the first residents moved into the newly constructed building at 455 Karen Dr. The timing of the sale is earlier than typical for multifamily sales as the property is still in lease-up. In other words, Beyond...

Woodbury Magazine: Beyond Apartments Redefines Modern Living Standards

Beyond Apartments Redefine Modern Living Standards The following excerpt appeared in an article by Ava Diaz in the Woodbury Magazine Continuing to redefine apartment living for Woodbury residents is the new two-building complex, Beyond Apartments by Core Living. Beyond fuses a boutique aesthetic with the bustle of suburban conveniences to create a comfortable modern lifestyle. As a luxury apartment, Beyond features...

Finance & Commerce Covers Havenwood Minnesota Portfolio Sale

Roers Cos. has sold a portfolio of five local senior housing communities to an out-of-state investor for $160 million, a price that Roers Cos. and its broker believe to be the biggest lump-sum haul ever for that product type in Minnesota. The Havenwood Senior Living properties in Minnetonka, Maple Grove, Burnsville, Richfield and Buffalo have a combined 567 independent living...

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