Minnesota Brokerage Group

Minnesota Brokerage Group (MBG), founded in 1990 by industry leaders Harold Teasdale and Tom Cooper, CCIM, has brokered more than $100 million of commercial real estate in the past few years, and continues to rank among the most active and respected firms in the region.

 

The company specializes in listing and selling multifamily properties in Minnesota and surrounding states, and is celebrating 25 years as aggressive players in this market.  The principals in MBG are also actively involved in real estate acquisition, affordable housing projects, and land development through strategic partnership affiliations.

 

Regional players/network of qualified buyers and sellers

 

Credibility and integrity are the core values that contribute to the company’s continued growth and success.  Strong relationships are built on clear assessments of an investment’s true opportunity, and by always staying clear on the client the company represents.

 

MBG capitalizes on its long history in packaging successful deals for clients.  Its proprietary database is comprised of highly-motivated individuals who are actively pursuing multifamily investments throughout the region.  Active clients represent both large and smaller property portfolios.

 

The company works hard to earn its clients’ trust and respect.  That’s why they keep coming back—clients frequently buy or sell properties many times through MBG.

 

Experienced team of professionals

 

MBG consists of licensed real estate professionals who bring a wide range of skills and experience in marketing, commercial real estate sales, and project management.  The team draws on its intimate knowledge of the market and hands-on experience with multifamily properties.

 

 

Brokerage sales & marketing process

Stage 1:  Establish best price; create sales materials

A client’s property is thoroughly evaluated and current operating financials are carefully assessed.  Comparable sales in a particular location are also identified.  After a Listing Agreement is signed, the brokers create a marketing approach tailored to achieve the client’s specific objectives.  During this stage, a sales package is created and then approved by the seller.

 

Stage 2:  Aggressive sales & targeted marketing

The brokers begin to notify their network of buyers and the marketing process begins.  This stage involves an aggressive sales campaign including property tours, targeted newspaper ads, and direct marketing activities.  The client is always kept fully informed as the process proceeds.

 

Stage 3:  Present offers; begin due diligence

After a thorough review of each offer, the one which best reflects the seller’s needs is selected and presented to the client.  After a Purchase Agreement is signed, the due diligence period begins, which is a comprehensive analysis of the property required by the buyer and/or the lender.

 

Stage 4:  Problem solving to successful closing

MBG helps facilitate the due diligence process, which may take a few days or a couple of weeks.  When the analysis is concluded, the sale is complete and ready for closing.