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ABOUT US

Michael Development is proud to claim the ownership and management of 23 multi-housing properties, 65,000 square feet of neighborhood retail space and 135,000 square feet of office space.

Michael Swenson brings over 40 years of experience to Michael Development. Formerly a Real Estate Manager at Kraus-Anderson Realty Company, Swenson managed and leased over a million square feet of shopping centers and 23 multi-housing properties. Swenson also holds a variety of property investments in retail, student housing, apartment living and government buildings.

Swenson formed Michael Development in 1987 as a real estate holding and Development Company. He now leads a team of real estate professionals in the acquisition, development, financing and management of properties throughout Minnesota.

Areas of Expertise:

  • Structured Financing
  • Low-Income Housing Tax Credits
  • Tax-exempt bond financing
  • Taxable bond financing
  • Raising private equity
  • Joint venture structuring
  • Design Build
  • Leasing and management
  • GSA Design Award for the 105,000 square foot Billings Office Building

Featured RESIDENTIAL ItemTHE EMERY

Featured SENIOR LIVING ItemNORTHERN LAKES SENIOR LIVING