Minneapolis’ Kraus-Anderson names three key promotions

To support the company’s real estate growth strategy, Minneapolis’ Kraus-Anderson Realty & Development Company has promoted Kirsten Walstien to vice president of investment management at KA Realty, John Dreher to development manager at KA Development and Chris Olson to property manager at KA Realty. 

Kirsten Walstien, Vice President of Investment Management 

Walstien joined KA in 2018, most recently serving as director of investment management.  As vice president, Walstien will focus on KA’s real estate portfolio, leading its investment performance reporting and projections.  She also will play a leading role in managing the company’s assets, evaluating real estate investing and transactions, and overseeing the tools and analytics that guide the company’s business decisions. 

In addition, she will play a significant role in managing the relationships across the KA family of companies.  Walstien graduated from St. Olaf College and is on the board of Summit Academy, OIC and the East Town Business Partnership.

John Dreher, Development Manager

Dreher joined KA Development in June 2022 as an investment analyst.  In his new role, Dreher will be engaged in the entire development process, including identifying development opportunities,  and with financial analysis, design, financing, construction and sale.  He also will assist in developing KA’s investment strategies and project concepts, and will work with the Investment Management team to secure, close and manage project debt. 

In addition, he will collaborate with the construction, financing, design and engineering teams, as well as government agencies, community groups and granting agencies.  Dreher received an M.S. in Real Estate from the University of Wisconsin School of Business, Madison, and  B.S. from the University of Minnesota.

Chris Olson, Property Manager

KA Realty also has promoted 20-year industry veteran Chris Olson to property manager.  He joined the company in 2021 as assistant property manager.  Olson manages the daily operation of seven property buildings.  He is a member of the Building Owners and Managers Association of Greater Minneapolis’ Emerging Leaders Council.