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Oppidan appoints Minnesota business leaders to its Board of Directors

01.14.2025

Minneapolis – (January 14, 2025) – Oppidan Investment Company, a national property development firm headquartered in Excelsior, Minn., announces the appointment of Suresh Krishna and Chris Coborn to its Board of Directors. Both leaders bring a wealth of experience in business strategy, organizational leadership, and community engagement, which aligns with Oppidan’s successe…

Insights from the 2024 Harrison Street ESG Conference

01.06.2025

For the second consecutive year, Oppidan attended the Harrison Street Environmental Social and Governance (ESG) Conference, with Jamie Korzan, VP of Investment Relations, and Joe Hughes, VP of Construction, representing the company. This annual event gathers industry leaders from across asset classes and international markets to collaborate, share ESG best practices, and set new standards in su…

Raleigh, Wake County Invest in Hundreds of New Affordable Rental Units

09.20.2024

Indy Week

Amid an ongoing housing crisis, the city and county are contributing more than $30 million to construct 454 new affordable units. The City of Raleigh and Wake County have agreed to invest $32.2 million toward the construction of three new affordable housing developments in Raleigh. Together, the projects will create 454 new units of affordable rental housing in the coming years. By supportin…

Women in Business: Jamie Korzan

05.23.2024

Minneapolis/St. Paul Business Journal

Vice president of investor relations, Midwest, Oppidan Investment Co. Jamie Korzan hasn’t even been at Excelsior-based Oppidan Investment Co. for a full six years, yet, but she’s become the go-to point of contact for the firm’s high-level investment partners, serving as vice president of investor relations, Midwest. When representatives of Kayne Anderson, Harrison Street, Bai…

Celebrating Jamie Korzan: MSPBJ Women in Business

05.20.2024

At Oppidan, success is more than a goal; it's a testament to the dedication and leadership of individuals like Jamie Korzan, our VP of Investment Relations and a shining example of business excellence. Jamie's impact on Oppidan's growth and reputation is undeniable, which is why it’s fitting that Jamie received the Women in Business award from the Minneapolis/St. Paul Business Journal. F…

Oppidan named Developer of the Year by the MN Real Estate Journal

05.16.2024

We’re honored to receive the prestigious Developer of the Year award at the MN Real Estate Journal Awards ceremony, and this recognition is a testament to Oppidan's unwavering commitment to excellence and innovation in the real estate development industry. Over the past year, we’ve continued to distinguish ourselves as a leader in the real estate development industry, achieving rem…

Albertville approves of plans for new daycare facility

04.25.2024

Press & News

At the April 15 Albertville City Council meeting, the council approved the plans for an 11,500-square-foot or larger daycare center. City Planner Al Brixius presented the plans for Everbrooke Daycare by Oppidan Holdings LLC, which will be located at 6869 and 6883 Laketowne Place NE. “We’ve been waiting since 2006 for another development at this location. This is a very nice l…

As much of commercial real estate in Twin Cities struggles, med-tech flourishes

04.16.2024

Star Tribune

While office buildings from the suburbs to downtown Minneapolis struggle for survival, construction on more buildings in the life sciences sector is increasing, adding hundreds of thousands of square feet of labs, production space and research facilities to the Twin Cities. Jessica Mogilka, executive vice president at JLL, is pictured inside a lab at University Enterprise Lab in St. Paul on We…

Residents bring dance moves to the court

04.10.2024

McKnights Senior Living

The NCAA tournament might be known as the Big Dance, but residents of several senior living communities offered a few dance numbers of their own at basketball games during the regular season. In the months leading up to March Madness, residents at The Pillars of Prospect Park in Minneapolis, Green Hills Retirement Community in Ames, IA, and Atlantic Shores in Virginia Beach, VA, put on their …

Women in Business honorees include leaders from MEDA, BMO, more

03.19.2024

Minneapolis/St. Paul Business Journal

Today, the Minneapolis/St. Paul Business Journal presents the second round of our 27th annual Women in Business honorees. Each year, we comb through hundreds of nominations for high-achieving women representing a wide range of companies, as well as government and nonprofit agencies. Our honorees are selected based on their professional accomplishments and their community and industry involveme…

Apartment developers swarm Twin Cities suburbs as low housing inventory, high mortgages persist

03.01.2024

Star Tribune

With more than one-third of all new units hitting the southwest suburbs, that area could be one of few soft spots for rentals in 2024. Nearly 20,000 new rentals have hit the market in the Twin Cities metro through the past two years, leaving many expecting a glut of empty apartments. That hasn't happened. Instead, demand from renters outpaced predictions, with the vacancy rate across the met…

Dance team made up of seniors perform at Gophers halftime show

03.01.2024

WCCO News

Watch Video Here — At the Pillars of Prospect Park, a senior facility that offers independent living, assisted living and memory care, a dance class became so popular among residents that they took it to a different level. "It's just fun to be with people that laugh a lot and so we do. And if we make any mistakes... Nobody will care," Brenda Hoffman said. Loren Sass had to leave his com…

Pillars of Hermantown adds 105 senior living units to community

02.26.2024

Duluth News Tribune

The Oppidan Investment Company and Ebenezer Management Services partnered on the $37 million project. HERMANTOWN — A large crowd filled the lobby of the newest senior living community, called Pillars of Hermantown adds 105 senior living units to community located at 4110 Lavaque Road, during a ribbon-cutting event on Thursday, Feb. 22. Oppidan Investment Company and Ebenezer Management …

Oppidan transitions leadership team; poised for additional growth in 2024

02.20.2024

Oppidan transitions leadership team; poised for additional growth in 2024 Increased activity in industrial, senior housing, affordable housing and mission critical development Excelsior, Minn. – (February 20, 2024) – Oppidan Investment Company, a national property development firm headquartered in Excelsior, Minn., announced Blake Hastings has decided to leave Oppidan and go back …

Oppidan Breaks Ground on 119-Unit Affordable Housing Project in Raleigh, North Carolina

02.16.2024

Multifamily & Affordable Housing Business Journal

Oppidan Breaks Ground on 119-Unit Affordable Housing Project in Raleigh, North Carolina RALEIGH, N.C. — Oppidan Investment Co. has broken ground on The Pines at Peach, a 119-unit affordable housing community in Raleigh. Apartments will come in one-, two- and three-bedroom layouts. Income restrictions were not disclosed. The project is financed with Low Income Housing Tax Credits from the…

Executive Voice: Former Carolina Hurricane now a leader in real estate

02.08.2024

Triangle Business Journal

Executive Voice: Former Carolina Hurricane now a leader in real estate While his path to real estate development is unconventional, no one can say that Tim Brent isn’t passionate or unsuccessful. Brent is a former National Hockey League player with a 12-year career that includes the Carolina Hurricanes. “I came from a very blue-collar family in Canada and didn’t have a lot o…

Developer charts affordable housing near NC State in Raleigh

12.26.2023

Triangle Business Journal

Affordable apartments could be coming to land near the North Carolina State University campus in Raleigh. Blue Ridge Atlantic Development of Raleigh has filed new site plans for an affordable housing development for residents making 80 percent or less of the area median income. The plans show 144 apartments in the development. Site plans show there will be 36 one-bedroom units, 60 two-bedroom…

The POWER 30: Joe Ryan

12.21.2023

Finance & Commerce

The POWER 30: Joe Ryan Joe Ryan’s path to entrepreneurship began with acknowledging what some might consider a weakness. “I realized at a young age I was not a very good employee,” said Ryan. “I wanted my own deal and to be able to drive decisions to success. At the same time, I wanted to manage my own time and schedule. That is the culture we built inside of Oppidan.…

Affordable housing project rises in south Raleigh

12.07.2023

Triangle Business Journal

A Minnesota developer has started construction on an affordable housing project in south Raleigh. Oppidan Investment Co. started construction in October on The Pines at Peach, a 119-unit multifamily project where all will be dedicated to affordable housing. Developer Noah Wagner said this project was the first in a new asset class for the company and will be its first affordable housing projec…

Empowering Women 2023: Oppidan Investment Company

11.14.2023

Finance & Commerce

Empowering Women 2023: Oppidan Investment Company More than a few firms have focused on recruiting and retaining women in the commercial development industry. One of those is Oppidan Investment Company, a commercial property developer that has completed over 580 projects in 41 states and Canada. With a female workforce of 13%, the Excelsior-based company of around 50 employees stands a few pe…