MSP has become one of the Midwest's leading developers of Senior Housing Communities, developing high-quality properties in strategic markets, and as of August 2015, we have become a major presence in office properties, having purchased a 420,00 square foot Office Park in Mendota Heights, Minnesota
Established in 1988, the philosophy of MSP Real Estate, Inc. is to develop high quality properties in strategic markets to ensure the best investment for us, our partners and the communities in which we build. MSP Real Estate, Inc. is a long term owner that owns over 90 percent of what we have built.
MSP Property Management, LLC is a full service property management company, formed in 2005 to more fully service its affordable housing and market-rate housing in Minneapolis and Northwest Wisconsin. MSPPM currently manages 390 units in 9 locations.
MSP Construction, Inc. is responsible for general contracting service for MSP Real Estate, Inc.'s developments. Acting as our own General Contractor allows us to save costs and ensure quality on all our development projects.
HERITAGE SENIOR LIVING
Founded in 2000, Heritage assisted living is an industry-leading manager of assisted living and memory care communities. Today we own and operate 11 communities in Wisconsin totaling over 900 beds. We are one of the fastest-growing assisted-living communities and now employ 650 people.
MSP completed the purchase of the 420,000 square- foot six- building Mendota Heights Office Center on August 12, 2015. This marks the first office acquisition by MSP,which has primarily focused on apartment and senior housing assests in recent years.