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Project News

Milwaukee Journal Sentinel Features Community Within the Corridor Project

June 9, 2020
Below is an excerpt from the June 5, 2020 Milwaukee Journal Sentinel article "How a young Milwaukee developer landed a large Minneapolis partner for his $59 million north side project" by Tom Daykin Que El-Amin had the idea: convert a large former industrial complex on Milwaukee's north side into apartments and commercial space - investing $59 million in one of...
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N&E Apartments aerial photo
Project News

N&E Apartments Sells for $22.9 Million

June 5, 2020
Reuter Walton Development and Roers Cos. closed on their sale of 93-unit N&E Apartments today to Summit Townhome Investors, LLC. The transaction comes just two months after the new Northeast Minneapolis apartment building opened its doors to the first residents on March 27. The community located at 13th Avenue Northeast opened at over 50 percent preleased — well ahead of...
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Venue Apartments
Awards & Achievements

Finance & Commerce Honors Venue Apartments as a Top Project of 2019

May 5, 2020
On May 5, Finance & Commerce published its 12th annual Top Projects list honoring "the best in the built environment from across the state." Nearly 100 construction projects completed in 2019 were nominated for this honor, and Roers Cos.' Venue Apartments stood out among the best. Our team is proud to be included among the most impressive real estate development projects...
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Exterior rendering of Maven Apartments
Project News

Maven Apartments Sets New Record for Roers Cos.’ Lease-Ups

April 13, 2020
Opening at 60% leased on April 15, Maven Apartments in Burnsville is Roers Cos.' most successful lease-up to date. The challenges of marketing and leasing during the COVID-19 crisis haven't slowed interest or leasing activity for this new development in the Twin Cities' southern suburbs. Below is Roers Cos. media release celebrating the success of this project amidst unprecedented challenges....
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Roers leadership
Company News

Leaders Interviewed About Coronavirus Impact on Development

March 19, 2020
The Minneapolis/St. Paul Business Journal dug into what the coronavirus (COVID-19) pandemic means for the Twin Cities' building boom in an article this week. Among the concerns mentioned in the article is the importance of building inspections, permit reviews, and other local government approval steps throughout the development process. Roers Companies Owner and Co-Founder Brian Roers stated in the article,...
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Minneapolis/St. Paul Business Journal logo
Awards & Achievements

Roers Cos. Featured as 5th Largest Developer in Twin Cities

February 28, 2020
The Minneapolis St. Paul Business Journal recently published a list of the largest real estate developers in the Twin Cities. “The Business Journal surveyed developers in the Twin Cities to compile this list. The square footage included in the ranking was for commercial, mixed-use and/or multifamily development that broke ground from 2017 to 2019.” View the full list.
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Project News

Woodbury Development Featured in Finance & Commerce

January 16, 2020
Roers Companies made headlines this week for our new development coming to Woodbury. Finance & Commerce writer Matt M. Johnson notes, “Roers plans to break ground on its Beyond Apartments later this month, provided the city approves the project in time. The $45 million project would bring dense housing to a once-rural intersection just south of Interstate 94 and a...
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Company News

Business Journal Spotlights How Roers Cos. Became One of the Biggest Twin Cities Developers

January 16, 2020
The Minneapolis/St. Paul Business Journal recently released its list of top development companies in the Twin Cities metro area, where Roers Cos. landed at #5. The Business Journal’s Nick Halter wrote an accompanying feature article that helps illuminate the drivers behind our success. “Roers Cos. has been a sizable developer for several years, but flew under the radar here in...
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Groundbreaking
Project News

Havenwood of Maple Grove Breaks Ground

November 1, 2019
In just a two-year period since establishing its Havenwood Senior Living brand in the region, Roers Cos. has grown the portfolio to include properties in Burnsville, Buffalo, Minnetonka, and Richfield, Minn. and Onalaska, Wisc. Roers Cos. continued expanding its Havenwood footprint with a groundbreaking event on November 1, 2019, in Maple Grove. Havenwood of Maple Grove will feature 150 units...
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Kent and Brian at Venue
Company News

StarTribune Touts Roers Cos.’ Regional Success

September 24, 2019
"Brian and Kent Roers have quietly built one of the largest Twin Cities-based developer-managers of residential properties," writes Neal St. Anthony in the September 23 edition of the Minneapolis StarTribune. The article features an interview with brothers Brian and Kent Roers. It highlights their philosophy and approach to investment and development, including the diversity of Roers Cos.' properties — student housing,...
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Project News

Maxwell Lofts Offers Future Residents Realistic 3D Walk-Through

September 17, 2019
Virtual Reality (VR) has streamed into the Milwaukee real estate market for the first time, in a modern marriage of technology and historic property at the newly renovated Maxwell building in the city’s dynamic Walker’s Point district (or Fifth Ward). Future Maxwell Lofts residents can now take a 3D tour of studio, and 1- and 2-bedroom apartments in the 116-unit...
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Project News

Maxwell Lofts Featured on Urban Milwaukee

September 6, 2019
Reporter Jeramey Jannene from Urban Milwaukee posted a feature article on the renovation of Maxwell Lofts in Walker's Point. View the full story on this 116-unit apartment building and see photos of the renovation progress. Learn more about Maxwell Lofts View the full article
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Project News

Roers Northwest Metro Plans Featured in F&C

August 27, 2019
Roers Companies was recently featured in Finance & Commerce about its upcoming senior housing and mixed-income projects in the northwest of the Greater Twin Cities metro. The article highlights the planned Havenwood of Maple Grove senior housing facility and the 150-unit, mixed-income apartment proposal for Brooklyn Park. The article discusses the growing demand for senior housing and Roers Cos.' plans...
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Project News

Roers Companies Senior Living on MPR News

August 15, 2019
Roers Companies was recently featured in MPR News' story on the growing market for senior housing. Partner Kent Roers was interviewed for the story. He explains one reason why the company has invested more time, energy, and resources into senior housing: "We're building buildings that have independent living, they have assisted living, and then they have memory care. So, people...
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Project News

Havenwood of Buffalo Breaks Ground

July 11, 2019
Havenwood of Buffalo, Roers Cos. 5th addition to the Senior Living Communities, broke ground earlier this month! This Havenwood location is just a few blocks from downtown Buffalo and the lake and is anticipated to open in Spring of 2020. Roers Cos., along with our partners, Kaas Wilson Architects, Walker Methodist, and Bauer Design Build LLC are very excited for...
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Project News

Wisconsin Lieutenant Governor Visits Historic Redevelopment Site

May 22, 2019
Brian Roers recently provided a tour for the lieutenant governor of Wisconsin, Mandela Barnes, around the construction site for Maxwell Lofts, which will be our first project in Milwaukee. The Roers Cos. team discussed our development goals for Milwaukee with Lt. Gov. Barnes, and then we took him around our construction site for a tour. Click here to learn more...
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Project News

Roers Pitches Sixth Senior Housing Plan

May 14, 2019
Finance & Commerce recently featured Roers Cos.' pitch for the sixth senior living community under the Havenwood Senior Living brand, which would be located in Plymouth, MN: "Roers Cos. is planning its sixth Twin Cities senior housing development in 18 months, but this time with a set of villas to go along with a multifamily building housing independent and assisted...
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Mezzo Apartments
Project News

Mezzo Sale Featured in Finance & Commerce

April 30, 2019
Roers Companies' sale of Mezzo Apartments in Northeast Minneapolis was recently featured in Finance & Commerce: "The 110-unit, market-rate building opened [five] months ago and was 95% occupied at the time of the sale, said Brian Roers, one of Roers Cos.' owners. (...) Roers Cos. is typically a long-term owner of the apartments it develops, Roers Cos. said in a...
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Project News

Mezzo Apartments Sold Less Than a Year After Opening

April 29, 2019
Roers Companies recently sold Mezzo Apartments, located in Northeast Minneapolis, on Thursday, April 25. The apartment community was over 95 percent leased just five months after it opened in mid-November 2018, making it the company's most successful apartment lease-up to date. Core Living, Roers Cos.' property management partner, will continue to manage the community. Click here to read the article...
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Project News

Development of Havenwood of Buffalo Highlighted in Finance & Commerce

April 29, 2019
Havenwood of Buffalo marks our fifth Havenwood Senior Living project to start in the last 18 months. This property will be operated by Walker Methodist and open in early 2020. Finance & Commerce recently featured the project's development, as well as the construction of other communities under the Havenwood Senior Living brand. Click here to read the article.
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Awards & Achievements

Roers Companies is Awarded Top Senior Housing for Havenwood of Richfield

April 19, 2019
The Minnesota Real Estate Journal recently presented Roers Cos. with the award for Top Senior Housing in the West Metro, which recognized their work in the development of Havenwood of Richfield, the first installment in a series of communities under the Havenwood Senior Living brand. Havenwood of Richfield, which opened last summer, offers independent living, assisted living, and memory care...
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Project News

The Des Moines Register Features the Opening of Onyx Offices

February 21, 2019
The Des Moines Register recently highlighted the development of Onyx Office Suites, the new customizable workspace opening at Flux Apartments in Des Moines: "The first floor of a new apartment building on the western edge of downtown Des Moines will become boutique office space for rent. Onyx Office Suites will open April 1 on the ground floor of Flux Apartments,...
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Company News

Milwaukee’s Journal Sentinel Highlights Roers Cos.’ Sale of Downtown Parcel

January 14, 2019
The Journal Sentinel recently highlighted Roers Cos.' sale of their premier parcel of land in popular downtown Milwaukee: "A high-end apartment development with about 200 units is in the preliminary planning stages for a downtown Milwaukee parcel. The mid-rise building would be developed by Chicago based Ravine Park Partners on a vacant lot between North Milwaukee Street and North Broadway, just...
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Awards & Achievements

Roers Companies Featured on 2019 List of Largest Real Estate Developers in the Twin Cities

January 11, 2019
The Minneapolis St. Paul Business Journal recently published a 2019 list of the largest real estate developers in the Twin Cities: "The Business Journal surveyed developers with offices in the Twin Cities 24-county metro area to compile this list. It is ranked by square feet of commercial, mixed-use and/or multifamily development that broke ground in the Twin Cities from 2016 to...
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Project News

The Journal Sentinel Highlights the Redevelopment of Maxwell

October 1, 2018
The Journal Sentinel, part of the USA Today Network, recently featured Roers Cos.' plans for the Maxwell, which is in Milwaukee, WI: "An industrial building in Milwaukee's Walker's Point neighborhood will be converted into 116 upscale apartments after being sold to a Minneapolis-area developer." View the article
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Project News

Maxwell Featured in the Milwaukee Business Journal

October 1, 2018
The Milwaukee Business Journal highlighted the Maxwell, located in Milwaukee's Walker's Point: The property is in the northern area of Milwaukee’s Walker’s Point neighborhood, where developers are buying and rehabbing historic industrial buildings into offices and apartments at a furious pace. Roers Cos.’ planned historic project will rehab and expand the five-story building at 214 E. Florida St. and its...
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Project News

Havenwood of Burnsville Featured in Finance & Commerce

September 19, 2018
Finance and Commerce highlighted Havenwood of Burnsville on their main page: "The Burnsville project is one of five Roers Cos. developments under the Havenwood Senior Living brand." Havenwood of Burnsville will have 18 memory care units and 116 assisted living and independent living apartments, and the community is set for completion in October 2019. View the article
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Project News

Havenwood of Richfield Featured in the Star Tribune

September 6, 2018
Roers was featured in a recent Star Tribune article focused on the explosion of redevelopment interest in Richfield, MN. "Havenwood was Roers Cos.' first foray into senior living, and worked well for what [Kent Roers] called 'a town in transition.' It now has 91 percent of its independent and assisted-living units filled up." Read the full article.
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Project News

Five Havenwood Senior Living Projects Highlighted in the Star Tribune

August 24, 2018
The Star Tribune recently wrote a highlight feature on our five new Havenwood Senior Living projects currently under construction: After developing about $500 million in residential and commercial projects throughout the Midwest, including thousands of market-rate rentals in the Twin Cities metro and the Dakotas, growing demand for senior housing is sending the company in another direction..." Read the full article.
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Project News

Venue Featured in Finance & Commerce

June 15, 2018
We're approaching the ground breaking of Venue, our 134-unit site in Chanhassen. Located next to Chanhassen Dinner Theatre, Chanhassen Cinema and the SW Transit Park & Ride, Venue will feature a 19,000-sq.-ft. ALDI store as its sole retail tenant. Finance & Commerce recently featured the project's development. Read the article
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Project News

Cloquet Historic Preservation

March 27, 2018
In outstate Minnesota, we were awarded $14.1 million for Cloquet Middle School Apartments in Cloquet. The historic preservation development will create 57 rental units targeted primarily to households with incomes between $37,980 and $56,430. View the article
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