Jerry Lindeen, Vice President - Investment Property Sales has over 20 years of business experience in multifamily and commercial real estate. He received a Bachelor of Science degree with an emphasis in real estate from St. Could State University in Minnesota in 1995.
Some Recent Sales:
•58 Units in South Minneapolis: $3,701,500
•30 Units in Owatonna, MN: $1,085,000
•20 Units in North Minneapolis, MN: $1,200,000
•13 Units in North Minneapolis: $540,000
•12 Units in Northeast Minneapolis: $610,000
•5 Units in South Minneapolis: $625,000
•4 Units + Commercial in South Minneapolis: $510,000
•4 Units in North Minneapolis: $213,000
•4 Rental House Portfolio: $840,000
•Duplex in South Minneapolis: $275,000
•Duplex in North Minneapolis: $180,000
Commercial Real Estate Finance
The first five years of his career were spent in the commercial real estate finance arena, primarily as an analyst/underwriter and a construction real estate lender.
In those first five years he learned the ins-and-outs of commercial real estate finance from construction lending/administration in a direct lender environment to permanent finance working for a national commercial mortgage brokerage organization. He performed commercial real estate financial analysis on all property types, including multifamily, office, retail, industrial and mixed-use. He coordinated and closed millions of dollars of real estate construction and permanently financed real estate, working directly with borrowers, lenders and third party service providers.
Multifamily Housing Investor
Since 1996, Jerry has completed over $5,000,000 worth of multifamily real estate transactions on the behalf of himself and his equity partners. He is majority owner and managing partner of 2 multifamily properties consisting of 23 market rate apartment units in Northeast Minneapolis and Columbia Heights, MN. He has been involved in every aspect of multifamily investment and property management, including acquisition/disposition, 1031 exchanges, condominium conversions, finance, negotiations, underwriting, financial and property operations, marketing and leasing, property rehab and maintenance and vendor and staff management.
Home Types:
House, Multifamily, Commercial, Townhouse
Years of Experience:
11
Education:
St. Cloud State University, Bachelor of Science in Real Estate
