PROPERTY MANAGEMENT
You Built It. We Help It Succeed.
Third-party multifamily property management for Twin Cities owners and developers who expect more from their operating partner. Most property management companies focus on basic operations—rent collection, maintenance, and leasing.
We take a different approach.
At Yellow Tree, property management is designed to protect and grow the value of the asset you’ve built. Every decision is made with one goal in mind: improving financial performance over time.
We combine institutional-level systems with entrepreneurial decision-making to improve leasing, operations, resident experience and long-term asset performance, with a proven track record in the Twin Cities.
Request a Property Performance Review | 50+ Unit Multifamily
At Yellow Tree, property management is not simply a service—it is a partnership. We treat every property with the care, urgency, and accountability we would expect for our own investment. Owners receive direct access to experienced decision-makers, proactive communication, and honest guidance—even when that means having a difficult conversation. The result is greater transparency, fewer surprises, and a management team genuinely invested in the long-term success of the property.
Our personal approach is backed by the systems, expertise, and operational discipline of a much larger organization. We use technology, data, centralized resources, and deep market experience to strengthen financial performance, improve the resident experience, and protect long-term asset value. Because we are agile and entrepreneurial, we can move quickly, challenge outdated assumptions, and adapt strategies without layers of bureaucracy slowing down the process.
What is hardest to replicate is our culture of ownership. Our team does not stop to ask, “Whose responsibility is this?” We ask, “What needs to happen, and how can we help?” From corporate leadership to on-site operations and maintenance, we step in, solve problems, and remain accountable for the outcome.
Yellow Tree is best suited for owners who value trust, transparency, collaboration, and a management partner that cares about their property as much as they do.
We Don’t Just Manage Real Estate. We Build It.
Because we develop and construct multifamily assets ourselves, we understand how decisions made during operations impact long-term value.
That gives our clients an advantage:
- We manage with an owner’s mindset—not just an operator’s
- We get construction, systems, and lifecycle costs
- We identify inefficiencies others miss
- We align operations with long-term asset strategy
Your management company shouldn’t only understand what happens at the property. They should understand what happens to the investment.
We Focus on Measurable Outcomes
Our management approach is centered on improving the metrics that matter most:
- Higher Occupancy
Strategic leasing and marketing to reduce vacancy - Improved Retention
Better tenant experience and proactive communication - Operational Efficiency
Streamlined processes and cost control - Faster Maintenance Response
Systems that reduce downtime and tenant frustration - Stronger NOI
Optimized revenue and controlled expenses
Multifamily Management, Fully Integrated
We handle every aspect of day-to-day operations while continuously optimizing performance.
Twin City experts – local focus, big reach.
18 communities. 2200+ units. 25+ successful lease-ups.
Big enough to perform. Small enough to care.
Leasing & Revenue
- Concession strategy meets rent growth push
- Lease expiration management & retention strategy
- Human <> AI blend for lean, experience-focused leasing
Marketing
- In-house digital and social presence – spend less on marketing fees, more on targeted lead generation
- ILS management
- Curated content, in-house collateral creation, media
Financial Performance
- Increased rent collections & A/P management
- Expense tracking, budgeting & variance insites
- Performance analysis and real-time recommendations
Asset
Strategy
- Market positioning & competitive analysis
- Recommendations to improve revenue and reduce costs
- Coordination with ownership on long-term strategy
Leasing – Lease-Ups
- Rent roll creation & management
- Go-to-market strategy
- Weekly reporting & optimization
- Partnership from pre-development stage – floorplan insight, market conditions, recommendations from past projects
- Dedicated agent / leads. Dialed in marketing. Pre-development marketing, tech & collateral creation.
Operations & Facilities
- Vendor coordination and cost control
- Preventative maintenance programs
- Flat-fee labor & management billing – increased visibility, decreased surprises
- Flexible staffing models & built-out roving team to fill in gaps & increase coverage
- 24/7 coverage
MANAGED APARTMENT COMMUNITIES
Everlake Apartments
2615 E 29th St
Minneapolis, MN 55406
Townline Apartments
10950 Red Cir Dr
Minnetonka, MN 55343
Midline Apartments
2227 University Ave W
St. Paul, MN 55114
Juliette Apartments
470 Lexington Pkwy S
St Paul, MN 55105
Wakpada Apartments
4603 Minnehaha Ave
Minneapolis, MN 55406
Overland Apartments
3806 24th Ave S
Minneapolis, MN 55406
Kolo Apartments
3616 Bryant Ave S
Minneapolis, MN 55409
29 Bryant Apartments
2934 Bryant Ave S
Minneapolis, MN 55408
Odie Apartments
607 W 28th St
Minneapolis, MN 55408
Lumos Apartments
2826 Girard Ave S
Minneapolis, MN 55408
Nox Apartments
3238 Girard Ave S
Minneapolis, MN 55408
Akin Apartments
3536 Nicollet Ave
Minneapolis, MN 55408
The Pitch
427 Snelling Ave N
St Paul, MN 55104
Alexander Apartments
3238 Girard Ave S
Minneapolis, MN 55408
Rye Apartments
21401 Dushane Parkway
Farmington, MN 55024
Ives Apartments
Opening September 2026
7025 Agate Tr. Inver Grove Heights, MN 55077
Direct Access to our Team. No layers.
Don Brown
President of Property Management
Matthew Zimmerman
Director of Property Management
Anthony Pawlik
Director of Leasing & Marketing
Seth Tolzin
Regional Portfolio Manager
McKenna Lubenow
Operations / Area Manager
Kirt Akerstrom
Regional Director of Facilities
Anna Vidana
Leasing & Marketing Manager
I’ve had the opportunity to work with Yellow Tree in several capacities as a consultant, and I continue to be impressed by their culture and operational performance, particularly in new development and lease-up management.
A standout example of their capabilities is The Pitch. I was brought in as a consultant for the ownership group, which initially self-managed the property. Although the ownership group brought substantial property management experience to the table, The Pitch presented a perfect storm of challenges that would have tested any team.
The Pitch launched in 2021 as one of the first new luxury communities in a transitioning neighborhood, during a time of heightened unrest in Minneapolis and St. Paul. The urban rental market was soft, demand was shifting to the suburbs, and competition from other new developments was high.
Recognizing these unique dynamics, the owners made the strategic decision to bring in Yellow Tree. Their team brought strategic lease-up experience, staffing flexibility across the Twin Cities, and a deep understanding of similar neighborhoods. The result: steady occupancy growth and a path to stabilization in a highly complex environment.
YellowTree didn’t just step in—they delivered.
Corporate Office
1834 E 38th St.
Minneapolis, MN 55407
Open Weekdays: 8am-4pm
(612) 275-7210
24/7 Emergency Maintenance
(651) 409-6001
