Minneapolis State of the Market

As Market Leader, Mike provides leadership and direction to the development, construction, real estate management and capital markets teams that make up Ryan’s North Region. He supports these teams by providing strategic vision in the selection of projects that best align with Ryan’s expertise and future goals to determine the best investment of time and resources. Cultivating key relationships with and presenting solutions for with our most valued customers is highest priority. As the President of Ryan A+E, Mike provides select leadership and vision for Ryan’s national architecture and engineering practice. He has grown Ryan’s A+E practice to record volumes as he’s led a talented team of professionals in creating innovative design solutions for Ryan customers nationwide and across a wide range of product types. Mike’s focus is on fully maximizing Ryan’s collective insights from the early design and financial strategy stages all the way through to building and asset management, while promoting the greatest level of integration among Ryan’s service offerings. Underlying his efforts is a constant is a drive to foster and support the culture that is the hallmark of Ryan.

Since 2005, Erin has focused on delivering real estate solutions to commercial real estate investors and users in the Minneapolis market. She executes a strategic hospitality and workplace trends approach toward real estate service delivery. This philosophy employs targeted marketing efforts to achieve measurable results. She specializes in developing a tailored plan for each client, providing up to the minute market intel and advisement based on the economic and marketing goals of each asset. Prior to joining Transwestern, Erin was with CBRE for 7 years.

As vice president of development, Rick’s primary responsibility includes the development of mixed-use, medical and retail properties primarily in the Twin Cities, and greater Minnesota market. In this role, he leads the project teams through land acquisition, due diligence, municipal approvals, design and construction coordination, and leasing or sale of the project upon stabilization. Past Experience Having worked previously as a general contractor for 11 years Rick brought extensive construction experience and insight when he joined United Properties as vice president of development in 2013. Education Rick earned a Bachelor of Science degree in construction management, with a minor in business administration from North Dakota State University. Professional and Community Involvement Rick is a LEED Accredited Professional and is a member of the Minnesota Shopping Center Association (MSCA), International Council of Shopping Centers (ICSC), Twin City Healthcare Engineering Association (TCHEA) and is certified by the American Society for Healthcare Engineering (ASHE).

Chris joined Alatus in July of 2015. As Development Director, Chris is responsible for leading the Alatus commercial and multi-family real estate development portfolio of projects through all facets of the development cycle. This includes project sourcing, initial financial modeling and feasibility analysis, entitlement and approvals processes, design and architectural review, and construction overview and progress tracking, as well as debt and equity placement and execution. Projects currently in Alatus’ pipeline include 12th Street Tower project near the Convention Center, 200 Central Condominiums, in Northeast, and Rice Creek Commons, a master redevelopment of the Twin Cities Army Ammunition Plant in Arden Hills. Prior to joining Alatus, Chris was a Development Associate with Dominium Development & Acquisition. There, Chris worked to close multiple projects, mainly in affordable housing programs including Section 42 LIHTC and Section 8. Chris is a graduate of the University of Wisconsin – Madison, Wisconsin School of Business. Chris is also actively involved in the University of Wisconsin Real Estate Alumni Association (UWREAA) and Urban Land Institute. Chris has recently joined panel discussions including Rochester and the DMC initiative, condo market viability in the Twin Cities market, and was a juror for the AIA Merit Awards for 2017.

Jim Damiani, CCIM, SIOR, is a tenant advisory office specialist in Newmark Knight Frank's Minneapolis-St. Paul office and a designated broker for Minnesota brokerage operations. An established industry leader, Mr. Damiani is among the most successful and widely recognized market leaders in the Minneapolis commercial real estate market. Mr. Damiani teams with Ryan Bohrer, Andrew Commers and Maura Carland to provide their clients with the very best financial and employee solutions. The team has more than 70 years of experience, specializing in tenant/buyer representation for local and national firms in Minneapolis-St. Paul and its surrounding suburbs. The team gets to know each of its clients and understand their wants and needs before tailoring plans for them using a methodical yet nimble approach, all while building rapport and trust. Prior to joining NKF in 2017, Mr. Damiani was a senior vice president at Colliers International, where he was a 16-time Office Salesperson of the Year. His numerous industry recognitions also include Minnesota Commercial Association of Realtors (MNCAR) Broker of the Year and Volunteer of the Year, CoStar Power Broker, Minneapolis Business Journal 40 Under 40 Winner and many more. Additionally, Mr. Damiani is the former chairperson of the City of New Hope Planning Commission and is a frequent speaker/moderator for numerous industry organizations including MNCAR, NAIOP, CCIM, SIOR, Bisnow and Building Owners and Managers Association International (BOMA).

Brent Rogers formed Saturday Properties in 2015 to provide boutique property management and development services to the thriving Minneapolis multifamily and mixed-use industry. Today Saturday manages four properties with additional developments coming online in 2016 and 2017. Development Experience: A development veteran with over 15 years as project manager and owner, Brent Rogers searches for new development and acquisition opportunities, contracting with 3rd parties for engineering and design, securing financing, and managing the construction process for new development projects. Prior to forming Saturday, Brent was President and co-owner of Greco Properties. After starting Greco Properties with his business partner in 2007 with one employee, Brent led the company’s growth to more than 50 employees managing more than 1,000 apartment units and 100,000 SF of commercial/retail. Projects The Maytag Building, a historic rehab located in Minneapolis’s revitalized North Loop neighborhood. Developed by Saturday, The Maytag offers 40,000 sq ft of office and retail. It is financed through Bridgewater Bank and utilizes Historic Tax Credits. The Maytag is currently under construction with completion scheduled for Spring 2017. (Project Size $12,000,000) Hello Apartments of Golden Valley will come online in spring 2017. On his second project with developer Continental Property Group, Brent Rogers acts as development consultant along with Saturday as the management company for Hello’s 172 units. (Project Size $35,000,000) Coming spring 2018, The K/A Downtown Block Redevelopment in the Elliot Park neighborhood will rise 17 stories and hold 306 units. Brent Rogers was hired as development consultant along with Saturday as the management company by Kraus Anderson. (Project Size $82,000,000) Lime Apartments in the Lynlake neighborhood of Minneapolis. Developed by Greco and currently managed by Saturday, Lime is a new construction mixed-use project with 171 apartments and 8,000 SF of commercial retail. Lime is a Joint Venture with ASB Capital (Project Size $36,000,000) Historic redevelopment by Greco of the Precision Building in the North Loop of Minneapolis resulted in ElseWarehouse Apartments, a mixed-use project with 116 apartments and 19,000 SF of commercial/retail with a construction loan from TCF. (Project Size $32,000,000) Development consulting, leasing, and property management for Vue Apartments in the Loring Park neighborhood of Minneapolis. Vue is a 119 unit boutique market-rate development that was developed by Continental Property Group (CPG). Vue was sold to Weidner at stabilization at a record-setting per-unit price. (Project Size $26,000,000) Flux Apartments in the Uptown neighborhood of Minneapolis developed by Greco and currently managed by Saturday. Flux is a 216-unit market rate housing project that is a joint venture with the AFL-CIO Building Investment Trust. (Project Size $38,000,000) Towerlight Senior Living in St. Louis Park, Minnesota developed by Greco. A mixed-use project with 115-units of Independent/Assisted Living/Memory Care facility with FHA Section 232 Financing (Project Size 23,000,000) Nine Mile Creek Senior Living in Bloomington, Minnesota developed by Greco. A 93 unit Independent/Assisted Living/Memory Care facility with FHA Section 232 Financing (Project Size $16,500,000) Blue Apartments in Minneapolis, Minnesota developed by Greco and currently managed by Saturday. Blue is a 242-unit mixed-use project with 12,500 SF of neighborhood retail with financing from ASB Capital and Guardian Life Insurance Company (Project Size $50,000,000) Professional Affiliations: Urban Land Institute (ULI) Minnesota Multi-Housing Association (MHA) University of Wisconsin Real Estate Alumni Association (UWREAA) Education: University of Wisconsin Madison Real Estate and Urban Studies & Risk Management and Insurance.

Todd Novak, AIA Todd is a Registered Architect with over 10 years of planning and design expertise. He brings to each project a passion for design, and depth of experience in Mixed-Use, Healthcare, Historic Renovation, Corporate, and Hospitality markets, making him a valuable resource to the team. He loves chasing the next project and building client relationships as much as he enjoys sitting down and designing as part of a collaborative team. Notable projects worked on by Todd include the Landmark Pillsbury A-Mill Artist Lofts in Minneapolis, and the new Aurelian Tower in Chicago. He is currently the Project Manager and Architect for the Market Street Mixed Use Development currently underway in Edina, MN.

Mr. Deanovic is a founding principal of Buhl Investors. His responsibilities encompass many phases of the investment process, including acquisitions, financings, and dispositions. Prior to joining Buhl, Deanovic was one of four investment managers that directed North American Real Estate investment activity for CarVal Investors. His commercial real estate experience spans multiple markets and product types. Mr. Deanovic holds a B.B.A. in Real Estate and Urban Land Economics from the University of Wisconsin - Madison. He is an active board member of the Wisconsin Real Estate Alumni Association, a former speaker at IMN's Real Estate Private Equity conference and a former board member of Young Ambassadors for Opportunity, an international micro-finance organization.

Bill has served as the City of Edina’s “Economic Development Manager” since 2012. In this role, Bill works several business-related projects. His current focus is on commercial development projects and public improvements that bring long term value to the community. With degrees in engineering and urban planning, Bill brings years of experience in both the private and public sectors to the City’s staff. For the first ten-years of his career, Bill assisted real estate developers and architects to build exceptional projects throughout the U. S. Highlights include Triangle Town Center and Streets of Southpoint (North Carolina), Country Music Hall of Fame, Peabody Place, Detroit Orchestra Hall, City Place (West Palm Beach), Miami International Airport, and Four Seasons Hotel. After obtaining his Master’s degree from the University of Illinois-Chicago, Bill focused on economic development strategies and revitalization of established neighborhoods and first- tier suburbs. His work with the City of Chicago yielded strong experience in the use of tax increment funding and other business incentives. Later as Director of Community & Economic Development for a first-ring suburb of Chicago, he completed a Development Framework Plan to guide the redevelopment of a 78-acre mixed use neighborhood and helped broker partnerships to secure growth commitments from local businesses. Bill and his family moved to Edina in 2010. Despite lobbying by many Minnesota natives, Bill maintains his loyalty to the Green Bay Packers.

Bill Griffith is a shareholder for Larkin Hoffman in the firm’s real estate and land use practice group. He practices extensively in land use, zoning, real estate, environmental permitting and municipal law. Bill has served as legal counsel to Mall of America for more than 20 years and also serves as city attorney for the city of Columbus. In addition to his practice, he has been an adjunct professor in land use law at the University of St. Thomas School of Law. Bill has published articles and guest commentary in Urban Land, Minnesota Business, Minneapolis Star Tribune, St. Paul Pioneer Press and the Minnesota Real Estate Journal, and is a frequent speaker at seminars on land use, zoning, municipal and environmental law.