“At Schafer Richardson our niche has been identifying unique urban properties that we believe can be repositioned or redeveloped while providing attractive risk adjusted returns to our partners.”
Investing in the Future
We attribute much of our success to the on-going relationships that we have developed and maintained with qualified real estate investors, owners, lenders and other real estate professionals. For income-oriented investors, including a real estate allocation within an investment portfolio may offer a number of important advantages such as:
- Inflation Protection
- Stable Cash Flows
- Attractive Risk Adjusted Returns
- Capital Preservation
If you are interested in talking to us about future real estate investing opportunities, please contact us.
Case Study in Success: the Banks Building
After acquiring the 90 year old, 156,000 square foot multi-story industrial building known to many in the Twin Cities as the "BANKS BUILDING", Schafer Richardson renovated and converted the building to class "A" loft office space. This building, located in Northeast Minneapolis, won the National Association of Office and Industrial Parks (NAIOP) 2001 "AWARD OF EXCELLENCE" in the Repositioned/Renovated category. The property was also a finalist for the 2002 CityBusiness "Best in Real Estate" award. Today, Schafer Richardson occupies the fifth floor of the building along with Griffin Real Estate Company. Market leading rents and occupancy have been achieved in a challenging leasing environment.