Bender Companies, a vertically integrated multifamily investment firm, is excited to announce its acquisition of Woodland North Apartments, a 198-unit community located in Coon Rapids, Minnesota, in partnership with Eastham Capital.

Built in 1979, Woodland North offers spacious floor plans averaging 1,029 square feet and an extensive range of on-site amenities, including an outdoor swimming pool, clubhouse, fitness center, playground, basketball and racquetball courts, tennis courts, and heated underground parking. The property features a mix of studio, one-, two-, and three-bedroom layouts, with more than 70% of the community consisting of two- and three-bedroom apartments.

“We’re excited to bring Woodland North into the Bender portfolio as our first property in Minnesota,” said Kurt Bender, Founder and Principal of Bender Companies. “It gives us scale in a new market and a great location near major employers like Medtronic, Boston Scientific, and BAE Systems.”

Ideally located along University Avenue NW in Coon Rapids, a well-established northern suburb of the Twin Cities, Woodland North offers convenient access throughout the Minneapolis–Saint Paul metro as well as to nearby retail, dining, and everyday conveniences. The property is positioned near the University Avenue and Coon Rapids Boulevard retail corridors, with Northtown Mall just minutes away in neighboring Blaine.

Bender Companies plans to make strategic capital improvements to the property, including select apartment renovations, enhancements to the clubhouse and amenity spaces, pool improvements, window replacements, and targeted roof and exterior upgrades.

The acquisition marks Bender Companies’ entry into the Twin Cities market and brings the firm’s growing Midwest portfolio to over 6,500 units.

About Bender Companies
Bender Companies is a Chicago-based, vertically integrated multifamily operator focused on value-add acquisitions in the Midwest. Bender takes a fundamental, hands-on approach to investment management to improve housing communities and maximize value. Since inception, Bender Companies has acquired 30+ multifamily properties and manages a portfolio of more than $800 million in assets.