Timberland Partners
TIMBERLAND PARTNERS ACQUISITIONS


Timberland Partners is actively pursuing well-located acquisition opportunities throughout the Midwestern and Southwestern United States. Timberland Partners has an in-depth knowledge of apartment markets throughout the country with the ability to underwrite and ultimately close acquisitions in a timely and diligent manner.

Timberland Partners will consider all types of multifamily asset classes. We generally focus on acquiring properties priced below replacement cost with opportunities to reposition in the marketplace by executing our “value-add” business plan. We also acquire stable properties with steady cash flows as well whose values can be improved upon by implementing a professional management team and controlling operating expenses.
 
Target Markets
 
Below are Timberland Partners target markets.
  • Minneapolis/St. Paul, Minnesota
  • Saint Cloud, Minnesota
  • Rochester, Minnesota
  • Omaha/Lincoln, Nebraska
  • Kansas City, Kansas/Missouri
  • Wichita, Kansas
  • Detroit/Ann Arbor, Michigan
  • Des Moines, Iowa
  • Cedar Rapids, Iowa
  • Dallas/Fort Worth, Texas
  • Sioux Falls, South Dakota
  • Chicago, Illinois
  • Madison, Wisconsin
  • Denver/Front Range, Colorado
  • Indianapolis, Indiana
  • Columbus, Ohio
  • Cincinnati, Ohio
  • Oklahoma City, Oklahoma
  • Tulsa, Oklahoma
  • Nashville, Tennessee
 
Property Characteristics
 
Generally, we target properties that meet the following criteria:
  • Garden style or Midrise
  • Minimum of 100 units, no maximum
  • 1970s, 1980s, early 1990s vintage
 
Transaction Structure
  • New Financing / All Cash to Seller
  • Willing to assume existing debt
  • Joint Ventures
We also will consider unique transactions, such as properties with expiring Section 42 contracts, lender owned properties, properties in receivership, or ultimately gaining title to a property through a contract for deed.

 

Acquisitions Contacts

Please submit opportunities and inquiries to:

Matt Fransen
952-843-2031
mfransen@timberlandpartners.com