News

Finance & Commerce’s Rising Young Professionals for 2022

October 26, 2022

Congratulations to Developer Andy Bollig who was selected as one of Finance & Commerce’s Rising Young Professionals for 2022! In his three years at Roers Companies, he has contributed to almost $400 million in development, including more than 1,300 apartments and townhomes in Minnesota and Utah. Andy will be profiled among this year's honorees in Finance & Commerce's Rising Young...

Awards & Achievements

Celebrating the 2022 MADACS Awards Nominees

September 19, 2022

The Roers Companies team is incredibly proud of our nominees and winners at the Minnesota Multi Housing Association (MHA) MADACS Awards. Nominees are standouts in the Minnesota multifamily housing industry, and we had three finalists up for awards. Congratulations to Samantha Fusco for winning the lease-up leasing consultant award and Jessica Correll for winning in the multi-site community manager category...

Project News

Repurposing a 450,000-square-foot Vacant Office in Plymouth

September 8, 2022

The excerpt below appeared in the Minneapolis Star Tribune article “Why a 450,000-square-foot office building in Plymouth is about to meet the wrecking ball” on September 3, 2022 by Jim Buchta. "With more than 1,000 empty parking spaces and do-not-enter signs taped to several locked doors, Prudential's 75-acre office campus in Plymouth feels nearly abandoned. It's been that way nearly...

Project News

San Antonio Apartments Purchased With Renovations Planned

September 8, 2022

The excerpt below appeared in the San Antonio Business Journal article “Midwest developer buys San Antonio apartments with renovations planned” on September 2, 2022 by Ramzi Abou Ghalioum. "Roers Companies recently bought properties for renovation in San Antonio and Houston, and is getting ready to build a new property in Austin. The San Antonio property is Rosemont at University Park, a 240-unit apartment...

Project News

75-Acre Site Purchased for Mixed-Use Development

August 15, 2022

Scannell Properties and Roers Companies have purchased an approximately 75-acre infill site at the corner of Interstate 494 and Bass Lake Road in Plymouth, Minnesota, and will redevelop the site in a joint venture. The current site includes a 500,000 square-foot office building that was constructed in the 1980s. Scannell and Roers Cos. will demolish that building and redevelop the...

Company News

Roers Companies Closes on Sale of Newly Built Apartments in Lakeville

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 sold in 2022 prior to filling all its apartments and reaching what the industry considers stable occupancy —...

Company News

Roers Cos. Closes on Its Second Texas Acquisition

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 to upgrade the clubhouse and site amenities, unit interiors, and more. This is Roers Cos. second...

Company News

Roers Companies Celebrates 10-Year Anniversary

July 25, 2022

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...

Awards & Achievements

Announcing the 2022 RoCo Awards Winners

July 22, 2022

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...

Awards & Achievements

Jamie Luehrs Honored with Patriot Award

July 22, 2022

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...

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