blog Archives | Roers Cos.

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

March 8, 2023

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...

Awards & Achievements

Business Journal Names Roers Cos. to Biggest Commercial Real Estate Sales List

March 3, 2023

The 2022 Minneapolis/St. Paul Business Journal list of Biggest Commercial Real Estate Sales in the Twin Cities was recently released — Roers Companies secured two spots! Coming in at #4 is the Havenwood portfolio. This sale included five senior housing communities that sold for $160 million, a price that Roers Cos. and its broker believe to be the biggest lump-sum...

Awards & Achievements

Business Journal Names Roers Cos. to Top Developers List

February 7, 2023

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...

Awards & Achievements

Commercial Association of Realtors Wisconsin Development of the Year

December 15, 2022

The Community Within the Corridor (CWC) was honored as the "development of the year" by the Commercial Association of Realtors Wisconsin yesterday at its annual awards event. CWC is Roers Cos. first affordable housing project in Wisconsin, and the state's largest to-date. Congrats to the team here at Roers Cos. as well as our partners at Scott Crawford Inc. and...

Awards & Achievements

Twin Cities Business 2022 Notable CFOs

December 15, 2022

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...

Awards & Achievements

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...

blog

Our Portfolio