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Industry

Real Estate

Company Type

Multifamily Developer

Size

$34 Million

Investment Type

Equity

Overview

Roers Companies is a successful multifamily developer and maintains a steady pipeline of new projects. Their latest is “The Karlyn”, a 159-unit, market-rate 55+ development in Naples, FL with a full stale of amenities.

 

  • Excellent location – 15 miles from downtown Naples, 26 miles north of Marco Island, and a 15-minute drive to the beach
  • Seeking $20 million of equity – hope to break ground in Q1-2024, with an expected completion before EOY 2024
  • Expected 18.2% IRR and 1.8x MOIC with sale EOY 4 and 9% average annual cash return (please see Appendix for supporting assumptions and data)
  • Roers, based in Minneapolis, MN, is a highly successful, vertically integrated real estate company that has developed or has under construction over 13,000 units

The Karlyn

Amenities

Market Location

Thriving Local Retail

Diverse Employment Market

Sponsor Overview

  • National real estate investment, development, construction, and property management company focused on the multifamily apartment sector
  • Manages apartment communities in-house, ensuring superior underwriting, asset integration, and long-term value creation
  • Dedicated to finding sites in high-growth areas with limited housing stock
  • Robust evaluation and approval protocol with a close watch on local markets
  • Maintains strong industry relationships

Management

Kent Roers | Owner and Co-Founder


  • Over 20 years of experience in real estate and finance
  • Has been involved in almost every aspect of residential properties, from leasing single-family homes to developing luxury multifamily complexes
  • In building Roers Cos. into the company it is today, led the equity practice making it one of the largest in the Midwest
  • Gained his Certified Financial Planning (CFP) certification in 2001 and has earned series 7, 66, 65 and 63 financial securities licenses

Brian Roers | Owner and Co-Founder


  • Started career in real estate purchasing single-family homes, duplexes and student housing
  • After gaining his CPA license, co-founded Anderson & Roers CPAs, in which he held 50% partnership until launching Roers Companies in 2012
  • Oversees operations including finance, marketing, and property management. In 2018, recognized as an honoree of the Minneapolis/ St. Paul Business Journal’s “40 Under 40” Award
Learn More About Roers Companies

Thank you for your interest in Roers Companies.

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CONTACT US

Hi. We're not around right now. But you can send us an email and we'll get back to you, asap.

Thanks, Ken

Ken Margolis | Managing Partner Castle Placement, LLC
1460 Broadway Street, Rte 400
New York, New York 10036
(212) 418-1188 | C: (516) 712-7784
kmargolis@castleplacement.com

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