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The Roers Brothers Talk Development, Challenges, and Achievements with Finance & Commerce

In a recent interview with Finance & Commerce, Roers Companies Owners and Co-founders Brian and Kent Roers discuss our ongoing efforts to meet housing demands, the expansive Prudential campus redevelopment in Plymouth, Minn., their inclusion as finalists for the Ernst and Young Entrepreneur Of The Year Heartland awards, and our unique approach to multifamily construction. Article Excerpts Q: How many...

Roers Cos. Celebrates Spot in Austin Construction Rankings

We're excited to share that Roers Companies has landed #34 on the Austin-area commercial construction companies list, ranked by billings of local projects. This achievement is particularly meaningful as we continue to establish ourselves in the vibrant Austin market. Our team's efforts and the support of our partners have been instrumental in achieving this ranking. We are proud to contribute...

Leading the Way in Affordable Housing Development

Roers Companies is pleased to announce our placement among the top 10 on Affordable Housing Finance's recent list of Affordable Housing Developers. This ranking reflects our ongoing efforts to address the need for affordable housing across the nation. In 2023, we initiated six affordable housing projects, adding a total of 1,185 units. These projects are part of our commitment to...

Article Highlights Roers Cos. Leaders’ Strategy to Building a Thriving CRE Business

Roers Companies Owners and Co-founders, Brian Roers and Kent Roers, sat down with REJournals reporter Dan Rafter recently to talk about company success, the multifamily market in the Twin Cities, how investment works in regards to Roers Cos. projects, and future plans for growth. Article Excerpts "What do you enjoy about working in commercial real estate? Brian: I enjoy the positive...

Twin Cities Largest General Contractors List Includes Roers Cos.

Roers Companies is thrilled to announce that we have landed #16 on the Minneapolis-St. Paul Business Journal's 2024 list of largest general contractors in the Twin Cities. This prestigious ranking highlights our team's dedication and hard work, especially as we make our debut on this esteemed list after launching our general contracting division in 2022. Roers Companies has consistently focused on...

Risor of St. Louis Park Recognized as 2023 Top Project Honoree

Finance & Commerce's prestigious Top Projects list recently named Roers Companies' Risor of St. Louis Park as one of the best projects of 2023! Since opening in November, Risor has set a new standard for vibrant, community living for its active 55+ residents. The Top Projects awards celebrate projects throughout the state of Minnesota based on the degree of difficulty,...

Roers Cos. Among Top 10 Multifamily Developers in Austin, Texas

This week, Roers Companies joined the Austin Business Journal's list of largest Austin multifamily developers for the first time, entering the list as the eighth most active company in the region! During 2023, Roers Companies developed or delivered 895 units in the Austin area. This exciting milestone highlights our dedication to the Austin, Texas market and our focus on delivering...

Los Angeles Times Spotlights Roers Cos.’ Unique Investment Opportunities

Roers Companies is transforming the landscape of real estate investment by offering private investors opportunities traditionally reserved for large financial institutions. A recent article in the Los Angeles Times highlights how Roers Cos. is making high-return investments accessible to everyday investors. By partnering with individual investors rather than relying on institutional equity, Roers Cos. ensures more people can benefit from...

Roers Brothers Named Entrepreneur Of The Year® 2024 Heartland Award Finalists

Ernst & Young LLP (EY US) has named Brian Roers and Kent Roers, Owners and Co-Founders of Roers Companies, as finalists for the Entrepreneur Of The Year® 2024 Heartland Award. The program celebrates entrepreneurs from the Dakotas, Iowa, Minnesota, Missouri, Nebraska, and Kansas. Brian and Kent Roers were selected from a competitive pool of regional entrepreneurs, recognizing their commitment to...

Building Sustainable Communities: Earth Day 2024

At Roers Companies, we believe that sustainable living is not just a trend but a responsibility. As a multifamily real estate company with projects throughout the United States, we are committed to being good stewards of the planet. This Earth Day, we are proud to highlight some of our sustainable initiatives and projects that showcase our commitment to sustainability. Renewable...

Named Property Management Company of the Year at 2024 Minnesota Real Estate Awards

The Roers Companies team celebrated with industry members at the 2024 Minnesota Real Estate Awards on Thursday, April 18! We're thrilled to announce that Roers Cos. was named Multifamily Property Management Company of the Year, and our very own Lara Page was recognized as the Female Real Estate Lawyer of the Year! This is an incredible honor. Additionally, Roers Companies...

Roers Cos. Ranks Among Top Developers and Builders on 2024 NMHC List

Roers Companies earned national recognition today on the National Multifamily Housing Council’s (NMHC) 2024 NMHC 50, the annual ranking of the nation’s top apartment owners, managers, developers, builders, and syndicators. Roers Cos. secured the 12th spot among the largest apartment developers in the country, with 3,291 units breaking ground throughout 2023. Additionally, Roers Cos. landed at No. 21 among the...

Roers Companies Named a 2024 Top Workplace by USA Today

We're excited to announce that Roers Companies has once again been recognized as a top workplace. This week, we joined the USA TODAY Top Workplaces 2024! Winners are identified solely based on employee feedback gathered through the Energage employee engagement survey. Companies were chosen based on the results of surveys taken over 12 months in 2023. Thank you to all...

Roers Cos. Ranks #2 on Business Journal Largest Developers List

Roers Companies has secured the #2 spot on the Minneapolis/St. Paul Business Journal list of Largest Real Estate Developers in the Twin Cities! With over 3.75 million sq. ft. of development in the Twin Cities since 2021, this accomplishment is a testament to the dedication and expertise of our employees and partners. This also marks the fifth straight year in...

First Utah Residents Move In

Solis at Jackson Station in Salt Lake City welcomed its first residents home this week, marking the first Utah move-ins for Roers Companies! With an impressive array of amenities including a pool, state-of-the-art fitness center, yoga room, pet spa, outdoor grilling stations, and club room, Solis brings 363 units of much-needed affordable housing to the area. This is the first...

Elevate 2024: Winter Conference Key Takeaways

Roers Companies’ Elevate 2024 conference united team members for two days of learning, growing, and connecting on January 18–19, 2024.  Kent and Brian Roers kicked off the conference with a memorable message about building a stairway to success. Attendees heard from a number of departments throughout the event about how each team contributes toward our shared purpose. On Thursday, guest...

The Wildwood at Main Awarded ABC Project of Distinction

The Associated Builders and Contractors (ABC) of Wisconsin recognized The Wildwood at Main as a Silver Project of Distinction winner at the Excellence in Construction award banquet on Thursday, January 18, 2024. This award highlights the quality, professionalism, and merit of the most impressive construction projects in Wisconsin. The Wildwood at Main provides 172 affordable units to the Sun Prairie,...

Reflecting on 2023 at Roers Companies

Roers Companies had a big year in 2023! From development milestones, groundbreakings, and resident move-ins to opening new regional offices, team growth, and award recognition, 2023 was one to remember. We're incredibly thankful for our team, investors, partners, and friends who made 2023 a year of many milestones and incredible memories. Cheers to more in 2024!  

Shane LaFave Named a 2023 POWER 30 Developer

Finance & Commerce unveiled its POWER 30 Developers list, highlighting influential figures in Minnesota's development community. The selection process involves interviews with respected community members and a review of Finance & Commerce's archives to identify individuals with significant achievements and influence in the state's real estate development sector. Roers Companies proudly celebrates the inclusion of our very own Executive Vice...

Tom Cronin Named MSPBJ 2023 CFO of the Year Honoree

Congratulations to our Chief Financial Officer Tom Cronin, who was selected as one of the Minneapolis/St. Paul Business Journal's 2023 CFO of the Year Honorees! MSPBJ announced and recently celebrated honorees at a luncheon. Colleagues and family joined Tom at the celebration. Tom has made a significant impact in a relatively short time at Roers Companies. Since joining in March...

The Wildwood at Main Apartments Now Complete in Sun Prairie

Roers Companies made headlines this week as construction wrapped up on The Wildwood at Main, a new 172-unit affordable apartment community in Sun Prairie, Wisconsin. The first residents moved into their new homes in the north building early in September while construction and landscaping were finalized. Now all residents are welcome to enjoy comfortable finishes, nature-inspired features, and a host...

Roers Cos. Breaks Ground on Project in Victoria, Minnesota

Roers Companies celebrated the groundbreaking of Rowe on Monday, Oct. 23 in Victoria, Minnesota. Colorful fall leaves and a sunny day set the scene for this joyous event with city partners including Mayor Deb McMillan, members of Roers General Contracting, Roers Cos. leadership, investors, and project partners all in attendance. Marty McCarthy, a developer on the project, addressed the crowd...

New Video Highlights Investor Experience

It's always great to hear straight from investors about why they partner with Roers Companies. What benefits have they seen while working with us? What does the investor experience look like? Investor trust and support have been instrumental in Roes Cos. success. We have developed more than $2 billion in real estate and created more than 11,000 homes in communities...

Doors Open at First Project in Texas

The Narrows in Hutto, Texas welcomed its first residents on September 29, 2023, marking the first Texas move-ins for Roers Companies! With modern interiors, a pool, community lounge, fitness center, and more, The Narrows Apartments offers 300 units of affordable housing just outside of the city of Austin. Hats off to the hardworking teams who have turned this project into...

Roers Brothers Featured on “Off the Record” Podcast

Owners and Co-Founders Kent Roers and Brian Roers discussed founding the business, brotherly competition, and company growth in a recent episode of the “Off the Record” podcast hosted by Kathy Robideau of the Minneapolis/St. Paul Business Journal (MSPBJ) and Platinum Bank CEO David Faust. From their upbringing on the farm and playing hockey together to pursuing separate careers, then deciding...

Recognizing Excellence at the 2023 MADACS Awards

The Roers Companies team celebrated the best-of-the-best alongside industry peers at the Minnesota Multi Housing Association (MHA) 2023 MADACS Awards. Roers Cos. was pleased to be a 2023 MADACS Awards Platinum Sponsor and even prouder to have finalists nominated in four categories at the September 22 event. This is the biggest multifamily industry awards event in Minnesota with the purpose...

Execute the Extraordinary: 2023 Summer Conference Key Takeaways

Roers Companies’ summer Engage conference united team members from across states, offices, and sites for three days of learning, team building, and celebration. This year’s theme was “Execute the Extraordinary,” and attendees heard from a number of internal leaders about how we plan to achieve our goals in 2023 and beyond. Owners Kent Roers and Brian Roers kicked things off...

2023 RoCo Awards Recipients

We are excited to unveil the winners of the 2023 RoCo Awards! Roers Companies hosted our third-annual RoCo Awards ceremony on Thursday, July 27, which included a celebration with the team and loved ones to recognize 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: Mike...

Fridley Affordable Housing Redevelopment in the News

Roers Companies made headlines with the recent purchase of Fridley shopping center property, Moon Plaza, which will be redeveloped for affordable housing. This exciting project caught the attention of both Finance & Commerce and the Minneapolis/St. Paul Business Journal who covered the closing. Brian Johnson of Finance & Commerce wrote: “Less than 15 months after completing a redevelopment of the...

Roers Companies is a 2023 Top 200 Workplace

The Star Tribune recently released the 2023 Top 200 Workplaces list, which names Roers Companies among the best-of-the-best organizations for Minnesota employees. This award is a direct result of the feedback Roers Cos. employees provided in an independent survey collected by a company called Energage aimed at measuring employee opinions regarding engagement, organizational health, and satisfaction. The survey went out...

Realty 411 Article: Real Estate Investment Is Still A Good Idea

"In 2023, well-informed individual investors are looking to diversify their portfolios even during this time of turbulence and trepidation. While some are buckling down or momentarily bowing out, savvier investors are still pursuing a diverse mix of investments to position themselves to do more than just weather the storm. One ally in the battle can be private real estate investment...

Ranked in Top 25 Largest Apartment Developers in the U.S.

Roers Companies earned national recognition today on the National Multifamily Housing Council’s (NMHC) 2023 NMHC 50, the annual ranking of the nation’s largest apartment developers. Roers Cos. secured the 25th spot among the largest apartment developers in the country, with 2,675 units breaking ground during 2022. Earlier this year, the company landed in the No. 2 spot among commercial real...

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

ROERS COMPANIES EXTENDS ITS EXCLUSIVE INVESTMENT OFFERINGS TO INDIVIDUALS WORKING WITH REGISTERED INVESTMENT ADVISORS & FAMILY OFFICES With $2 Billion in Its Diversified 11-Year-Old Portfolio, Multifamily Developer Plans Next Phase of Growth Across the U.S. with Expanded Investment Approach 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...

Roers Cos. Kicks Off First Project With RGC

Roers Companies held a groundbreaking ceremony on Tuesday, January 24 for The Espen Residences in Oakdale, Minnesota which will mark the company’s first project with our new in-house general contracting group, RGC. Roers General Contracting (RGC), a division of Roers Companies, was created in response to a growing need to build high-quality projects while remaining on schedule and on budget....

Announcing Roers General Contracting (RGC)

Roers Companies has announced we will be adding general contracting to our extensive list of specialties that currently consists of development, investment, construction, and property management. Roers General Contracting (RGC), a division of Roers Companies, was created in response to a growing need to build high-quality projects while remaining on schedule and on budget. RGC provides several services that extend...

Twin Cities Business 2022 Notable CFOs

Congratulations to our Chief Financial Officer Tom Cronin who was selected as one of the 2022 Notable CFOs by Twin Cities Business! The magazine recently announced the honorees in a posting. Read more here. 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...

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...

Roers Companies Closes on Sale of Newly Built Apartments in Lakeville

Roers Companies sold its 208-unit Lakeville apartment community today. Belgarde purchased Northlake Lofts for $60 million. This came 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...

Roers Cos. Closes on Its Second Texas Acquisition

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...

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 decade, 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. Hear how Roers Companies was started and what's next for our...

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