Schafer Richardson

MinnesotaFinanceMultifamily

Merchants Capital provides $77 million in financing for Saint Paul apartment development

Multifamily financing provider Merchants Capital has provided more than $77 million in financing for the development of Soul, an affordable, mixed-use development in Saint Paul,…

MinnesotaMultifamily

Schafer Richardson acquires St. Paul property for new affordable housing development

Schafer Richardson has acquired and begun construction of a $70 million redevelopment project that will provide new affordable housing and commercial space to the City…

MinnesotaLegal

Minneapolis’ Schafer Richardson hires general counsel

Jessica Welk has joined Minneapolis-based Schafer Richardson as general counsel. Welk will lead the company’s legal team and support Schafer Richardson’s Development, Asset Management, Property…

MinnesotaMultifamily

Schafer Richardson wraps construction on 237-unit apartment development in Minnesota

Schafer Richardson has completed Rya at RF64, a 237-unit multifamily development at 6300 and 6400 Richfield Parkway in Richfield, Minnesota. The project consists of two…

MinnesotaMultifamily

Boxing studio opens at 139-unit luxury apartment building in Minneapolis’ North Loop

Minneapolis-based Schafer Richardson announced that Rumble Boxing has signed a lease at Viridium, a 139-unit luxury apartment building in the North Loop neighborhood of Minneapolis.…

MinnesotaMultifamily

Schafer Richardson starts construction on 163 units of affordable housing in Minneapolis

Minneapolis-based real estate company Schafer Richardson has started construction on Peregrine, which will bring 163 units of affordable housing to Minneapolis’ Hawthorne neighborhood.  The site,…

MinnesotaMultifamily

Schafer Richardson to build seven-story multifamily housing property in Minneapolis

Minneapolis-based real estate company Schafer Richardson has acquired 2025 West River Road N in Minneapolis, a site that was previously home to a single-story commercial…

MinnesotaMultifamily

Schafer Richardson’s Viridium apartment development earns LEED Silver Certification

Viridium, a 139-unit luxury apartment building in the North Loop neighborhood of Minneapolis, has been awarded LEED Silver Certification from the U.S. Green Building Council.…

MinnesotaRetail

Schafer Richardson helps bring Butcher & Boar restaurant to Minneapolis location

Schafer Richardson has signed a new restaurant lease with locally owned hospitality group Jester Concepts to welcome the Butcher & the Boar restaurant concept back…

MinnesotaMultifamily

Schafer Richardson’s Timber and Tie development: Filling the affordable-housing hole in the Twin Cities

Schafer Richardson’s Timber and Tie multifamily development fulfills a major need in downtown Minneapolis: The project, which offers 175 studio through four-bedroom units in the…