Multifamily X Missouri
PMA appoints Tom Erdelac as vice president

PMA appoints Tom Erdelac as vice president

Site development has begun on an upscale $28 million, 204-residence apartment community located near the intersection of Highway K and Mexico Road in O’Fallon, Missouri, called Bramblett Hills. The project is being developed by St. Louis-based TriStar Properties and built by general contractor Contegra Construction Co.

Multifamily W Minnesota
Oak Grove Capital’s Dayton: Apartment boom continues in Twin Cities – but how many renters can’t afford to live here?

Oak Grove Capital’s Dayton: Apartment boom continues in Twin Cities – but how many renters can’t afford to live here?

The numbers are strong: Apartment rents are rising and developers are adding new luxury apartment buildings across the Minneapolis/St. Paul market. Developers are even moving into the Twin Cities’ suburbs to serve the growing number of residents who are becoming “renters by choice” – those who want apartment living and aren’t interested in owning a single-family home.