A property management partner
creating value for residents and property owners.
Shelter is a Minneapolis-based property management company focusing on multi-family and active adult rental communities. Shelter manages over 4,000 units throughout Minnesota, Florida, and Texas.
Shelter was formed in 1993 as a developer, owner, and property manager of multi-family apartment communities for its principals. In early 2010, Shelter turned its attention to developing, owning, and operating senior assisted living communities, in addition to its focus on multi-unit apartment communities. In 2015, Shelter successfully spun off its senior living business, forming The Waters Senior Living. In 2017, Shelter refocused its attention on partnering with developers and property owners to support the growing need for high-quality rental housing for young adults, families, and active seniors.
Shelter’s property management philosophy is rather simple but incredibly effective.
First, manage the property’s occupancy and rental rates to optimize the overall financial health of the apartment community. Finding balance between occupancy and rent is focused on daily by Shelter.
Secondly, and of equal importance, is maintaining properties to eliminate future significant deferred maintenance costs. In fact, Shelter formed a roving maintenance team 10 years ago to protect the long-term viability of the properties it manages through a comprehensive preventive maintenance program.
Since its formation in 1993, Shelter has actively participated in the ownership, development and management of over 15,000 apartment units.