MINNEAPOLIS, MN – Lincoln Property Co. has agreed to acquire the Excelsior Group's multifamily property management business, Excelsior Multifamily LLC.
The acquisition of the Minneapolis-based, Excelsior Multifamily will expand Lincoln Property's portfolio and office presence within the Midwest.
Excelsior Multifamily currently manages a portfolio of 27 multifamily properties, encompassing nearly 4,500 units in the Minneapolis/St. Paul metropolitan area. With the addition of Excelsior Multifamily, Lincoln Property's portfolio will more than quadruple in size within the Minneapolis/St. Paul market.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
