Grand35 Apartments Groundbreaking Event Held on May 11, 2023
Alongside project partners, investors, and city officials, Vincent Companies broke ground on Grand35 Apartments in Burnsville on May 11, 2023. This 130-unit, 55+ market-rate apartment building off Grand Avenue South will be complete in March 2024. Learn more at VincentRE.com.
What could possibly go wrong!?
Four young and inexperienced developers bought a $40-million mountain in Utah to build a Davos for hipsters…What could possibly go wrong!? It has been over 10 years since the four young men who created Summit Series, a super-exclusive ideas and wellness conference, announced that they had bought a fading Utah ski mountain for $40 million to build a utopian community peopled with Silicon Valley’s...
“S” = Sheer Panic
The month of March brought multiple bank failures, and they all started with the unlucky letter “S”. Sheer panic quickly ensued among Venture Capitalists and founders as they watched their banks implode. During March 2023, two large banks in the U.S. with significant exposure to the technology sector or to cryptocurrency failed, while another entered liquidation under financial distress. By...
The Silver Tsunami Is Hitting Home!
Today, many boomers are caring for their aging parents. Senior housing is already a big business under the present circumstances.But by 2030, ALL baby boomers will be over the age of 65. Soon, those boomers will need specialized care for themselves. That’s the BIG wave coming, and it’s creating a HUGE opportunity for investors.We often say, “look at the numbers and the numbers will tell you what...
Are your eyes deceiving you?
The apartment and senior living sectors must be overbuilt. I mean, just look at all the new buildings as you drive around the suburbs. There’s just no way we have enough demand for this many units. Or do we….?Well, this topic can once again serve as a keen reminder that, “It’s impossible to know what you don’t know”.According to a new research study, the Twin Cities region needs 18,000 new...
Are you in the 70% or 30%?
High-net-worth individuals have one big strategy going forward—and it’s not playing the stock market. High-net-worth individuals are planning to pour most of their money – by far – into real estate in 2023 and beyond. In a recent study conducted by Fortune’s Chloe Taylor, the 1,200 ultra-high-net-worth members of the Tiger 21 network, comprised of entrepreneurs, investors, and executives, are...
Are you riding the wave?
The tides have been changing in the real estate market, bringing new opportunities and challenges. Inflation has soared, interest rates have climbed, and concerns over a recession remain, it's no surprise to hear the real estate market is changing. Thanks to shifts in consumer preferences, changes in supply and demand, and the emergence of new real estate investment opportunities, the coming...
Busy November
November has no doubt been a busy month for Vincent Companies. While we have seen many companies slowing down, lose their financing, and struggle with penciling out new deals, we are excited to announce that we successfully closed on over $46 million of recent developments in a single week. These include the construction of our Grand35 apartment project in Burnsville, MN, and the acquisition of...
The Cornerstone of Health is Purpose – Where does it belong?
On their Podcast, The COMPLETE Shift, LifeSpark digs deeper into this intriguing and inspiring topic with guest Richard Leider. Where does purpose belong in your work? That question is meant both figuratively and literally as they explore the practice of purpose and the role it plays in reducing chronic disease and mortality as we age, but also in how health care professionals serve their...
NorBella Senior Living of Centerville Grand Opening Event
Project partners, investors, and city officials gathered to celebrate the grand opening of NorBella Senior Living in Centerville on October 13th. Residents will begin moving in today. This project marks another high-acuity model in our series of projects around the twin cities. The success of this project is also made possible by our partners: Rachel Contracting, Lyon Contracting, Inc., Union...
Grand Opening Event for NorBella Senior Living of Champlin
Another beautiful NorBella Senior Living property to celebrate! A grand opening event was held on August 18, 2022, alongside project partners and investors. This 40-unit assisted living and memory care community in Champlin, MN, marks yet another high acuity model in our series of projects around the twin cities. The success of this project is also made possible by our partners: Rachel...
Grand Opening of Boden Senior Living of Apple Valley
On June 16th, 2022 we celebrated the Grand Opening of Boden Senior Living of Apple Valley. This boutique-style, 64-unit assisted living and memory care is an incredible addition to the community. This building marks yet another finished high acuity assisted living model in our series of projects around the twin cities. Watch a virtual tour: [video width="1280" height="720"...
Age-restricted homes coming to Burnsville
Vincent Companies plans to expand into Burnsville with a 128-unit, age-restricted apartment building off Grand Avenue South. We look forward to joining this growing community! Special thanks to our project partner, Rachel Development. We look forward to another successful project with the help of Lyon Contracting, HMA Architects, Samabtec, and our property management team over at Granite...
Groundbreaking Event Held November 23rd, 2021 for NorBella Senior Living of Centerville
Along with project partners, investors, and city officials, Vincent Companies broke ground on a 40-Unit Assisted-Living Community in Centerville, MN, on November 23, 2021. This 29,461 square foot one-story building marks yet another development in our series of high acuity properties. Construction will be complete for NorBella Senior Living of Centerville in July of 2022.
Successful Groundbreaking Event for NorBella Senior Living of Champlin
Along with project partners, investors, and city officials, Vincent Companies broke ground in Champlin, MN, on October 14th, 2021. Construction will be complete on this 40-unit Assisted-Living Community in June of 2022. This 27,595 square foot one-story building marks yet another development in our series of high acuity properties.
NOVO Apartments in Richfield, MN Grand Opening Event
On Wednesday, November 3rd, 2021, we celebrated the Grand Opening of NOVO Apartments in Richfield, MN. Fitting 192 units on this site while maintaining a cohesive living environment that blends with the surroundings was challenging. Facing challenges and effectively working with a great team to overcome them is one of the things we love the most about what we do. NOVO Apartments is an excellent...
Introducing Trends With Benefits: Real Estate Investing Podcast
Trends with Benefits: Real Estate Investing…with Dale Creed Francis & Ryan Litfin brings an open, honest, and transparent approach to Real Estate Investing by informing and educating listeners about the real-world benefits, issues, and challenges investors need to know when it comes to Direct Participation Real Estate (DPRE). In addition to being authors and former Co-hosts of the...
NorBella Senior Living in Savage Grand Opening
Last Thursday, September 9th, we celebrated the Grand Opening of NorBella Senior Living in Savage. This boutique-style, 40-unit assisted living and memory care is an incredible addition to the community. Thank you to our excellent team of project partners, investors, and city officials that made this imperative project come to fruition. This building marks yet another finished high acuity...
Boden Senior Living of Apple Valley Groundbreaking Event
Today we held a groundbreaking event at Boden Senior Living of Apple Valley. This 42,986-square-foot, single-story building will include 40 assisted living units and 24 memory care units on the northeast corner of 155th Street West and Pilot Knob Road. We united with a great team of project partners, investors, and city officials to celebrate this accomplishment! We look forward to seeing them...
NorBella Senior Living in Prior Lake is now open!
NorBella Senior Living in Prior Lake is now open! The Vincent Companies team celebrated this accomplishment alongside project partners, investors, and city officials at our grand opening event last week. This property is located at 4285 Fountain Hills Dr. NE, is a single-story, 40-unit assisted living and memory care community spanning 27,595 square feet. This development is part of a new series...
Vincent Real Estate Announces The Meadows at Spring Creek Development has Sold Out
Vincent Real Estate Announces The Meadows at Spring Creek Development has Sold Out. Located Near Carver, MN, The Meadows at Spring Creek Consists of 152 Single-Family and Villa Style homes. Vincent Real Estate, a division of Eden Prairie-based Vincent Companies, has announced that all 152 lots of its new The Meadows at Spring Creek community development have been sold out. Construction is...
Vincent Real Estate Announces Lake Jonathan Flats Sells for $30 Million
Completed in 2019, Project Had Quick Turnaround of Sale Despite Pandemic Slowdown Vincent Real Estate, a subsidiary of Eden Prairie-based Vincent Companies, has announced alongside its project partners the sale of Lake Jonathan Flats for $30 million, an average of $256,400 per unit. Located in Chaska, MN, the 117-unit, three-story market-rate apartment building was completed in 2019 after 18...
NorBella Senior Living of Savage Groundbreaking Event
Vincent Companies held a groundbreaking event for Summers Ridge of Savage today! Alongside the Vincent team was the mayor, management company, construction, and development team, owners, and investors. This property is located at 14275 Joppa Ave S in Savage, MN. It’s a single-story, 40-unit assisted living and memory care community spanning 29,461 square feet. This building design is a better...
Summers Ridge Senior Living breaks ground in Prior Lake
A new senior living facility is coming to Prior Lake. Vincent Real Estate and Vincent Development, divisions of Eden Prairie-based Vincent Companies, held a public groundbreaking event on their latest development in Prior Lake Oct. 14. Summers Ridge Senior Living Development, located at 4285 Fountain Hills Dr. NE, is a single-story, 40-unit assisted living and memory care community spanning...
Did you predict this? We did.
Suburbs Outperform Cities as Renters Relocate: Report Rent prices in urban city centers are down for the first time in a decade, according to a new report from Marcus & Millichap. The national shift toward remote work is shifting rental demand from urban areas to suburban areas, as many workers across the country look for more space at a lower cost, according to a new report from Marcus...
Vincent Companies announces plans for Summers Ridge assisted living & memory care in Savage, MN.
Vincent Companies announces plans for Summers Ridge assisted living & memory care in Savage, MN. Groundbreaking on a similar project in Prior Lake is scheduled for next month. CLICK HERE to read the story in the Savage Pacer. A single-level assisted living facility with memory care services would stand near County Road 42 in Savage under a developer’s new plan. The facility, named Summers...
Vincent Development Receives Approval for Summers Ridge Senior Living in Prior Lake, MN
Vincent Development Receives Approval for Summers Ridge Senior Living in Prior Lake, MN The Construction will Comprise 40 Units for Assisted Living & Memory Care Vincent Development and Vincent Real Estate, subsidiaries of Eden Prairie-based Vincent Companies, has announced that it has received approval from the City of Prior Lake, MN, to move forward on its new Summers Ridge Senior Living...
Vincent Woods Apartments in Rogers, MN Now Accepting Residents
Developed by Vincent Real Estate, Building One is Certified for Occupancy and Accepting Applicants. Click here to read the official press release. EDEN PRAIRIE, Minn., Feb. 12, 2020 Vincent Real Estate, a subsidiary of Eden Prairie-based Vincent Companies, has announced that the new Vincent Woods Apartments in Rogers, MN, received its Certificate of Occupancy on January 9 and is now accepting...
Vincent Real Estate Announces its new Whispering Hills Development has Sold Out
Vincent Real Estate Announces its new Whispering Hills Development has Sold Out. Located Near Victoria, MN, Whispering Hills Consists of 215 Lots of 144 Townhomes and 71 Single-Family Villas. Click here to read the official press release. EDEN PRAIRIE, MINN. (PRWEB) FEBRUARY 11, 2020 Vincent Real Estate, a division of Eden Prairie-based Vincent Companies, has announced that all 215 lots of its...
Vincent Real Estate Breaks Ground on New 192 Unit Apartment Development in Richfield, MN
Vincent Real Estate breaks ground on a new 192-unit apartment development in Richfield, MN, marking the second-largest development in the history of the company. Click here to read the official press release. EDEN PRAIRIE, Minn. (PRWEB) February 07, 2020 Vincent Real Estate, a division of Eden Prairie-based Vincent Companies, has announced that pre-construction dirt work has begun on the NOVO...
Vincent Real Estate Announces Successful Construction Completion & Opening of Urbana Place Senior Living
We are pleased to announce the construction completion and grand opening of the much-anticipated Direct Participation Real Estate (DPRE) Senior Living Community located in Brooklyn Park, MN. Vincent Real Estate is pleased to announce the successful construction completion of the 103-Unit Assisted-Living Community located at 5601 94th Avenue North, Brooklyn Park, MN. Urbana Place Senior Living...
Vincent Real Estate Unveils Successful Construction Completion of Lake Jonathan Flats
We are pleased to announce the construction completion of the much-anticipated Direct Participation Real Estate (DPRE) property located in Chaska, MN. Vincent Real Estate is pleased to announce the successful construction completion of the 117-unit market-rate apartment building located at 3000 North Chestnut Street in Chaska, MN. Lake Jonathan Flats has a combined total of 178,938 square feet...
Record Breaking Occupancy!
Crossroads at Elm Creek, Maple Grove, MN / Wednesday / July 17, 2019 The Twin Cities market-rate apartment and senior living continues to show strong demand. Vincent Real Estate saw the trend coming and got ahead of it. Located between Elm Creek Park Reserve and County Road 81, Crossroads at Elm Creek is a 98-unit market-rate apartment building that opened just months ago in Maple Grove, MN. As...
Vincent Companies saw the trend coming and got ahead of it with Urbana Senior Living & Urbana Court Apartments.
Thousands of jobs could be on the way to Brooklyn Park over the next 20 years. Currently, 29,000 people work in Brooklyn Park, but city leaders are looking to increase that over the next two decades. “Brooklyn Park is intending to have at least 40,000 jobs by 2040 and we’re striving for 50,000 and with the recent trends, we’re seeing of companies choosing to relocate here we’re thinking well...
Vincent Real Estate Unveils Successful Construction Completion of Crossroads at Elm Creek
Ryan Litfin is pleased to announce the construction completion of the much-anticipated direct participation real estate (DPRE) property located in Maple Grove, MN. Vincent Real Estate is pleased to announce the successful construction completion of the 98-unit market-rate apartment building located at 14033 Territorial Road in Maple Grove, MN. Crossroads at Elm Creek has a combined total of...
Ryan Litfin With Vincent Real Estate Announces First Stage Lot Closing in Carver, MN
Ryan Litfin is pleased to announce the first stage lot closing with M/I Homes regarding the much-anticipated Direct Participation Real Estate (DPRE)property located in Carver, MN. Completion of Phase 1A includes all the upgrades required by the city to Spring Creek Drive that fronts this development. All small utilities are complete for this phase, which provides electricity, natural gas,...
Successful Property Launch for Vincent Real Estate
Ryan Litfin Announces Another Successful Property Launch for Vincent Real Estate We've unveiled the successful groundbreaking of Urbana Place Senior Living. The property location is at the corners of new Hwy 610 corridor and Zane in Brooklyn Park, MN. Vincent Real Estate is a fully integrated, real estate division of Vincent Asset & Vincent Private Wealth, involved in the acquisition and...