Skip to main content Skip to footer

2020 Year in Review & 2021 Outlook Multifamily Investment Sales Market Report | Minneapolis-St. Paul

Download Report

Multifamily Market Overview

Amid a year of great uncertainty across the economic spectrum, the Twin Cities multifamily market showed a great deal of resilience. Thinking back to the spring fallout as the pandemic ensued, conversations with developers, investors and operators varied from discouraging to catastrophic. Much worse was expected than what actually transpired.


MPS multifamily 2020_1024x972

2020 Year in Review & 2021 Outlook Multifamily Investment Sales Market Report | Minneapolis-St. Paul

Download Report
Related Experts

Ted Bickel

Sr. Executive Vice President

Minneapolis - St. Paul

Senior Vice President - Capital Markets & Investment Services, specializing in multifamily transactions. As part of the national Colliers Multifamily Advisory Group, our team is involved with both private and institutional capital markets and works closely with a wide range of clients, including owners, investors and developers in the acquisition and disposition of multifamily investment properties and development sites.

We consult clients throughout an asset's life cycle, providing valuation and sale advisory services, current, in-depth market knowledge, capital market trends and a direct connection to the local and national investment marketplace.

 

View expert

Jeff Budish

Executive Vice President

Minneapolis - St. Paul

As a Vice President at Colliers International | Minneapolis-St. Paul, I work in the Investment Sales division specializing in retail and multifamily transactions. I am involved with both private and institutional capital markets and work closely with a wide range of investor and developer clients in the acquisition and disposition of investment properties and development sites.

The commercial real estate world is continually evolving as more projects are requiring multiple product types.  My teammate, Ted Bickel, and I joined together to form the first combined multifamily/retail team in Minneapolis-St. Paul to better align ourselves with what our clients are looking for in an advisor. We believe this strong partnership is where the future of sales and development are heading.

I enjoy being a consultant for my clients where I can be intimately involved throughout the entire transaction process. I believe in acting as an advisor to my clients throughout an asset’s lifecycle by identifying opportunities, providing valuation services, and managing the complete investment process. I have real-time knowledge of capital trends, both locally and nationally and have in-depth knowledge of financial underwriting. These skills have allowed me to be extremely efficient in finding the right opportunities for my clients.

View expert