News

Milwaukee Journal Sentinel Features Community Within the Corridor Project

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...

N&E Apartments Sells for $22.9 Million

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...

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

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...

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

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 showed 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....

Leaders Interviewed About Coronavirus Impact on Development

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. Our Brian Roers stated in the article, "We are just hopeful...

Roers Companies Featured as 5th Largest Real Estate Developer in the Twin Cities

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.

Woodbury Development Featured in Finance & Commerce

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...

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

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...

Havenwood of Maple Grove Breaks Ground

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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