HBG in the News

Featured
Affordable housing was designed to blend in with Union Park area
My Villager
Affordable housing was designed to blend in with Union Park area
My Villager

After years of planning and construction, the Marshall Avenue Flats have opened and are welcoming residents to the development’s 98 units of affordable housing.

Dean Cummings, a Union Park District Council (UPDC) board member, said he and fellow members were intrigued by a development that is entirely affordable housing going up in “probably one of the most unaffordable places to live in the city.” Located at 1606 Marshall Ave., the building is within sight of Vintage on Selby, where monthly rents for a one-bedroom apartment can top $3,300 per month. One-bedroom units listed on the Marshall Avenue Flats website, marshallavenueflats.com, start at about $1,400 per month…

Read More →
My Villager
Soapy Toads Debuts New Store in Saint Paul's Historic Pioneer Endicott Building
Hoodline Minneapolis
Soapy Toads Debuts New Store in Saint Paul's Historic Pioneer Endicott Building
Hoodline Minneapolis

The retail landscape of downtown Saint Paul received a fresh boost with the opening of the new Soapy Toads store. Located in the historic Pioneer Endicott Building, the grand opening of the larger store took place on July 25 at 10:00 a.m. […]

During the launch, attendees experienced firsthand the uniqueness of the Soapy Toads brand, which has become known for its handcrafted soaps and eco-friendly products. This expansion reflects a wider trend of small business growth within the city, signaling a positive economic turn…

Read More →
Hoodline Minneapolis
HBG Now Managing the Commerce Building – A Historic and Affordable Community in Downtown St. Paul
HBG Now Managing the Commerce Building – A Historic and Affordable Community in Downtown St. Paul

The Commerce Building offers 100 income-qualified one- and two-bedroom apartments in the heart of downtown St. Paul. Residents enjoy amenities like a fitness center, theater, and community room—all within a building rich in historic charm.

Located at 10 4th St E, St. Paul, MN 55101.

Read More →
HBG now manages Tralee Terrace Apartments – an affordable apartment in Coon Rapids
HBG now manages Tralee Terrace Apartments – an affordable apartment in Coon Rapids

Located in Anoka County, Tralee Terrace features 68 income qualified units. The apartments feature 1, 2, and 3 bedroom layouts with a great set of amenities including a community room, basketball court, and fitness center.

Tralee Terrace is located at 9900 Redwood St NW, Coon Rapids, MN 55433.

Read More →
HBG now manages Woodland Park Apartments – an affordable apartment in Anoka
HBG now manages Woodland Park Apartments – an affordable apartment in Anoka

Located in Anoka County, Woodland Park features 90 income qualified units. The apartments feature 1, 2, and 3 bedroom layouts with a great set of amenities including a community room, basketball court, volleyball court and fitness center.

Woodland Park is located at 2614 Cutters Grove Ave, Anoka, MN 55303.

Read More →
Just Sold: Oakdale apartments draw $12.1 million
Finance & Commerce
Just Sold: Oakdale apartments draw $12.1 million
Finance & Commerce

An entity related to Shakopee-based Nationwide Housing Corp. has sold the 175-unit Century Oaks apartments in Oakdale to a private investment partnership for $12.1 million...

...“It had plenty of interest,” Budish said of the affordable apartments, which had low-income housing tax credits expiring.

Bloomington-based Halverson and Blaiser Group Ltd. is managing the property.

Read More →
Finance & Commerce
HBG now manages Century Oaks – an affordable apartment in Oakdale
HBG now manages Century Oaks – an affordable apartment in Oakdale

Located in Oakdale, Century Oaks features 175 income qualified units. The apartment offers studio, 1 and 2 bedroom layouts. Residents enjoy top-notch amenities, pet-friendly policies, lush green spaces, and affordable rents, all just minutes from local parks, shopping, and dining.

Century Oaks is located at 1213 Gentry Ave N, Oakdale, MN 55128.

Read More →
Pioneer Press
Downtown St. Paul’s historic Commerce Building sold, but apartments will retain ‘affordable’ designation
Pioneer Press

In downtown St. Paul, PAK Properties and the Halverson and Blaiser Group plan to purchase the historic Commerce Building at Fourth and Wabasha streets from an affordable housing provider, in a deal that relies on the city forgiving more than $1.22 million in unpaid municipal loans.

As a result, rents will likely increase, though they’ll remain within the technical definition of affordable housing.

“I’m strongly in support of this project,” said St. Paul City Council President Rebecca Noecker, during a recent public hearing on the project…

Read More →
Pioneer Press
HBG now manages Lakefield Apartments – a new affordable apartment in Uptown, Minneapolis.
HBG now manages Lakefield Apartments – a new affordable apartment in Uptown, Minneapolis.

Lakefield is Uptown's newest property and features 110 income qualified apartments. The project offers studio, 2, 3 and 4 bedroom apartments, perfect for families of all sizes. Lakefield opens September 2025.

Located at 550 West Lake Street, Minneapolis, MN 55408.

Read More →
HBG now manages Forty Forty Flats – a new affordable 55+ apartment in Edina
HBG now manages Forty Forty Flats – a new affordable 55+ apartment in Edina

Located in Edina, Forty Forty Flats features 118 income qualified 55+ units. The apartment offers studio, 1 and 2 bedroom layouts. The thoughtfully designed community offers seniors an independent lifestyle with high-quality amenities at an attainable price. With beautifully appointed apartments, engaging common spaces, and a vibrant neighborhood, Forty-Forty Flats is the perfect place to call home.

Forty Forty Flats is located at 4040 W 70th St, Edina, MN 55435.

Read More →
HBG now manages Portland Terrace – a market-rate apartment in Richfield
HBG now manages Portland Terrace – a market-rate apartment in Richfield

Located in Richfield, Portland Terrace features 68 units. The apartment offers studio, 1 and 2 bedroom layouts. Nestled in the heart of Richfield and just minutes from Downtown Minneapolis, the community provides easy access to public transportation and a location that keeps residents connected to everything the city has to offer.

Portland Terrace is located at 7232 Portland Ave, Richfield, MN 55423.

Read More →
HBG now manages 7th Avenue – a market rate apartment in North St Paul
HBG now manages 7th Avenue – a market rate apartment in North St Paul

Located in North St Paul, 7th Avenue Apartments features 36 units. The apartment offers renovated 1 and 2 bedroom layouts with stylishly updated kitchens, bathrooms, flooring, and appliances, creating a fresh and contemporary living experience. Residents enjoy unparalleled convenience to everything you need, all while residing in a beautifully upgraded space.

7th Avenue Apartments is located at 2050 7th Ave E, North St Paul, MN 55109.

Read More →
HBG now manages Cottages of Vadnais Heights – an affordable 55+ apartment in white Bear Lake
HBG now manages Cottages of Vadnais Heights – an affordable 55+ apartment in white Bear Lake

Located in White Bear Lake, Cottages of Vadnais Heights features 100 income qualified 55+ units. The apartment offers 1, 2 and 3 bedroom layouts.

Nestled in the heart of Vadnais Heights, Minnesota, Cottages of Vadnais Heights are thoughtfully designed rental homes that offer single-level living with no stairs, making everyday life effortless. Each spacious home features a private entrance, central air conditioning, and a cozy patio to enjoy the outdoors. Residents experience the ideal blend of independence and serenity at The Cottages of Vadnais Heights!

Cottages of Vadnais Heights is located at 955 Vadnais Dr, Vadnais Heights, MN 55127.

Read More →
HBG now manages Dove Tree – an affordable apartment in Elk River
HBG now manages Dove Tree – an affordable apartment in Elk River

Located in Elk River, Dove Tree features 68 income qualified units. The apartment offers studio, 1 , 2, and 3 bedrooms with spacious and thoughtfully designed layouts.

Dove Tree is located at 1105 Lions Park Dr, Elk River, MN 55330.

Read More →
HBG now manages City Place Lofts – a new affordable apartment in Minneapolis
HBG now manages City Place Lofts – a new affordable apartment in Minneapolis

Located in Central Minneapolis, City Place Lofts features 55 income qualified units. The apartment offers studio, 1 and 2 bedroom layouts. These spacious and trendy lofts feature soaring high ceilings and expansive windows that fill your home with an abundance of natural light. Located in the vibrant Historic Theatre District, residents enjoy enviable proximity to the city's finest restaurants, theaters, nightlife, and shopping, all just steps from your front door.

City Place Lofts is located at 730 Hennepin Ave, Minneapolis, MN 55403.

Read More →
Downtown St. Paul program pairs small businesses with empty storefronts (and zero rent)
Star Tribune
Downtown St. Paul program pairs small businesses with empty storefronts (and zero rent)
Star Tribune

The St. Paul Downtown Alliance filled vacant retail space by setting up businesses with free six-month leases.

Alexandra Johnson was searching for a storefront to move her dog sporting equipment business, Jack and the Pack, out of her garage. The old Heartthrob Cafe space on the ground floor of downtown St. Paul’s Wells Fargo Place had been vacant for more than a decade.

All they needed was a matchmaker.

Enter the nonprofit St. Paul Downtown Alliance, which has been pairing small businesses with empty storefronts through its Grow Downtown program since 2022...

...“Even though we have this large building, we’re still considerably a small business,” said Lillie Rosen of Halverson and Blaiser Group, which manages the building. “Being able to work with other small businesses and help them out is a great benefit.”...

Read More →
Star Tribune
Affordable housing was designed to blend in with Union Park area
My Villager HBG My Villager HBG

Affordable housing was designed to blend in with Union Park area

After years of planning and construction, the Marshall Avenue Flats have opened and are welcoming residents to the development’s 98 units of affordable housing.

Dean Cummings, a Union Park District Council (UPDC) board member, said he and fellow members were intrigued by a development that is entirely affordable housing going up in “probably one of the most unaffordable places to live in the city.” Located at 1606 Marshall Ave., the building is within sight of Vintage on Selby, where monthly rents for a one-bedroom apartment can top $3,300 per month. One-bedroom units listed on the Marshall Avenue Flats website, marshallavenueflats.com, start at about $1,400 per month…

Read More