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News Release: Roers Cos. Extends Investment Offering to New Market

With $2 Billion in Its Diversified 11-Year-Old Portfolio, Multi-Family Developer Plans Next Phase of Growth Across the U.S. with Expanded Investment Approach ROERS COMPANIES EXTENDS ITS EXCLUSIVE INVESTMENT OFFERINGS TO INDIVIDUALS WORKING WITH REGISTERED INVESTMENT ADVISORS & FAMILY OFFICES TWIN CITIES, MINN. — March 13, 2023 — In just over 10 years, Roers Companies grew a multi-family real estate development...

Business Journal Names Roers Cos. to Top Developers List

The annual list of the top developers in the Minneapolis/St. Paul metro area compiled by the Business Journal was released this week. For the fourth year in a row, Roers Cos. landed in the top five, coming in at number two with more than 3.9 million sq. ft. of local development since 2020. We extend our congratulations and our thanks to...

Twin Cities Business 2022 Notable CFOs

Congratulations to our Chief Financial Officer Tom Cronin who was selected as one of the Twin Cities Business 2022 Notable CFOs! Honorees were recently announced by the magazine. Tom has had a significant impact in a relatively short time at Roers Companies. He joined the company in March of 2021 and has since overseen the sales of seven multifamily properties...

Finance & Commerce’s Rising Young Professionals for 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...

Celebrating the 2022 MADACS Awards Nominees

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...

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

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...

San Antonio Apartments Purchased With Renovations Planned

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...

75-Acre Site Purchased for Mixed-Use Development

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...

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