Sample site: Queen Ave rail stop
Sourcing
Not due until feasibilityNo drawing due before feasibility
Drawing required at the feasibility gateArchitect
Deal: All dealsPage: Dashboard
Every deal at a glance: what needs you, whether each is healthy, who leads it, and the closings ahead.
Illustrative sites in the live format. Edits save in this browser only.
Every deal, off track first, then soonest. Each item links to the page that fixes it.
Where money is exposed in the next 60 days, by date, with the dollars at risk.
$1.9M at risk across 7 datesReminders at 30, 14, 7 days; inside 14 days a date joins the list above.
One row per deal; select a mark or a deal for its drawer. Detail by job is on Construction.
| Deal | Schedule | Budget | Contingency | Lease-up | Operations | Coverage | Raise |
|---|---|---|---|---|---|---|---|
| Sample site: Queen Ave rail stop, Budget: Not at this stage | Sample site: Queen Ave rail stop, Contingency: Not at this stage | Sample site: Queen Ave rail stop, Lease-up: Not at this stage | Sample site: Queen Ave rail stop, Operations: Not at this stage | Sample site: Queen Ave rail stop, Coverage: Not at this stage | Sample site: Queen Ave rail stop, Raise: Not at this stage | ||
| Sample site: Foundry block, Budget: Not at this stage | Sample site: Foundry block, Contingency: Not at this stage | Sample site: Foundry block, Lease-up: Not at this stage | Sample site: Foundry block, Operations: Not at this stage | Sample site: Foundry block, Coverage: Not at this stage | Sample site: Foundry block, Raise: Not at this stage | ||
| Sample site: 54th and Lyndale, Budget: Not at this stage | Sample site: 54th and Lyndale, Contingency: Not at this stage | Sample site: 54th and Lyndale, Lease-up: Not at this stage | Sample site: 54th and Lyndale, Operations: Not at this stage | Sample site: 54th and Lyndale, Coverage: Not at this stage | Sample site: 54th and Lyndale, Raise: Not at this stage | ||
| Sample site: Granary Road, Budget: Not at this stage | Sample site: Granary Road, Contingency: Not at this stage | Sample site: Granary Road, Lease-up: Not at this stage | Sample site: Granary Road, Operations: Not at this stage | Sample site: Granary Road, Coverage: Not at this stage | Sample site: Granary Road, Raise: Not at this stage | ||
| Sample site: East Bank mill, Contingency: Not at this stage | Sample site: East Bank mill, Lease-up: Not at this stage | Sample site: East Bank mill, Operations: Not at this stage | Sample site: East Bank mill, Coverage: Not at this stage | Sample site: East Bank mill, Raise: Not at this stage | |||
| Sample site: Wedge triangle, Contingency: Not at this stage | Sample site: Wedge triangle, Lease-up: Not at this stage | Sample site: Wedge triangle, Operations: Not at this stage | Sample site: Wedge triangle, Coverage: Not at this stage | ||||
| Illustrative: 200-unit multifamily development, Contingency: Not at this stage | Illustrative: 200-unit multifamily development, Lease-up: Not at this stage | Illustrative: 200-unit multifamily development, Operations: Not at this stage | Illustrative: 200-unit multifamily development, Coverage: Not at this stage | ||||
| Sample site: Cedar Lake flats, Lease-up: Not at this stage | Sample site: Cedar Lake flats, Operations: Not at this stage | Sample site: Cedar Lake flats, Coverage: Not at this stage | Sample site: Cedar Lake flats, Raise: Not at this stage | ||||
| Sample site: Hiawatha yards, Lease-up: Not at this stage | Sample site: Hiawatha yards, Operations: Not at this stage | Sample site: Hiawatha yards, Coverage: Not at this stage | Sample site: Hiawatha yards, Raise: Not at this stage | ||||
| Sample site: Lowry flats, Budget: Not at this stage | Sample site: Lowry flats, Contingency: Not at this stage | Sample site: Lowry flats, Operations: Not at this stage | Sample site: Lowry flats, Coverage: Not at this stage | Sample site: Lowry flats, Raise: Not at this stage | |||
| Sample site: Nicollet commons, Budget: Not at this stage | Sample site: Nicollet commons, Contingency: Not at this stage | Sample site: Nicollet commons, Operations: Not at this stage | Sample site: Nicollet commons, Coverage: Not at this stage | Sample site: Nicollet commons, Raise: Not at this stage | |||
| Sample site: Minnehaha lofts, Budget: Not at this stage | Sample site: Minnehaha lofts, Contingency: Not at this stage | Sample site: Minnehaha lofts, Lease-up: Not at this stage | Sample site: Minnehaha lofts, Raise: Not at this stage |
Who is working on what, the next gate and the next closing.
3 deals, 310 units, $85.2M
2 deals, 440 units, $121.5M
3 deals, 546 units, $140.7M
2 deals, 272 units, $73.0M
2 deals, 304 units, $80.7M
Each target closing, by month, with its developer.
Nov 2026None
Dec 2026None
Jan 20272 closings
Feb 2027None
Mar 20271 closing
Apr 2027None
Target closings for deals still before close. The deal pages carry the dates; screen a new site to add one.
Stale: no update in 14 days or more, as of Nov 7, 2026.
| Deal | Est. total cost | Stage | Waiting on | Gate due | Target closing | Lead | Days in stage | Units | Details |
|---|---|---|---|---|---|---|---|---|---|
| Sample site: Queen Ave rail stop | $26.5M | Sourcing | Owner responds to the second offer | Gate Dec 2026 | Closing Jun 5, 2027 | Sample Dana Ortiz | 18 | 96 | |
| Sample site: Foundry block | $58.0M | SourcingStaleWarning | Phase one environmental back | Gate Dec 2026 | Closing Oct 29, 2026 | Sample Marcus Lee | 31 | 210 | |
| Sample site: 54th and Lyndale | $41.2M | Feasibility | Untrended yield clears 6.25% or the site dies | Gate Jan 2027 | Closing Jul 5, 2027 | Sample Ana Nguyen | 22 | 148 | |
| Sample site: Granary Road | $63.5M | EntitlementStale | Planning commission hearing | Gate Feb 2027 | Closing Jun 25, 2027 | Sample Marcus Lee | 64 | 230 | |
| Sample site: East Bank mill | $38.9M | Design and pricing | GMP within 3% of budget | Gate Jan 2027 | Closing Mar 7, 2027 | Sample Priya Shah | 41 | 164 | |
| Sample site: Wedge triangle | $33.8M | Raising | Construction term sheet countersigned | Gate Dec 2026 | Closing Jan 6, 2027 | Sample Dana Ortiz | 12 | 118 | |
| Illustrative: 200-unit multifamily development | $52.2M | Raising | Equity raise closes with land and the construction loan | Gate Jan 2027 | Closing Jan 6, 2027 | Sample Priya Shah | 26 | 200 | |
| Sample site: Cedar Lake flats | $49.6M | Closed and buildingWarning | Roof dry-in before the first freeze | Gate Dec 2026 | Closing Mar 16, 2026 | Sample Priya Shah | 236 | 182 | |
| Sample site: Hiawatha yards | $36.2M | Closed and building | Foundation inspection on building B | Gate Nov 2026 | Closing Aug 11, 2026 | Sample Tom Brooks | 88 | 136 | |
| Sample site: Lowry flats | $31.8M | Closed and building | Reach 90% occupancy for the permanent loan | Gate Jan 2027 | Closing May 16, 2025 | Sample Ana Nguyen | 540 | 124 | |
| Sample site: Nicollet commons | $44.5M | Closed and building | Concession review with the construction lender | Gate Nov 2026 | Closing Mar 7, 2025 | Sample Tom Brooks | 610 | 168 | |
| Sample site: Minnehaha lofts | $24.9M | Closed and building | Annual debt service coverage test | Gate Dec 2026 | Closing Sep 14, 2023 | Sample Dana Ortiz | 1150 | 96 |
Sourcing, North Minneapolis, West Broadway
3 of 5 closed. Stage entered Oct 20. Sample team.
Development lead
Development lead
AnalystGates the stage
AnalystGates the stage
Legal
From Owner responds to the first offer to Owner responds to the second offer
By Sample sponsorSample
From 72 to 96
By Sample analystSample
From By right to Rezone
By Sample analystSample
From Not tracked to Sourcing
By Sample sponsorSample
Keeps the reason and its numbers. Reopen returns it to Sourcing.
Takes the deal off the board and out of every total. You can restore it.
Sourcing, Northeast Minneapolis, arts district
5 of 5 closed. Stage entered Oct 7. Sample team.
Development lead
Development lead
AnalystGates the stage
AnalystGates the stage
Legal
From Letter of intent countersigned to Phase one environmental back
By Sample counselSample
From Sponsor to Counsel
By Sample sponsorSample
From Not tracked to Sourcing
By Sample sponsorSample
Keeps the reason and its numbers. Reopen returns it to Sourcing.
Takes the deal off the board and out of every total. You can restore it.
Feasibility, Southwest Minneapolis, Lynnhurst
1 of 6 closed. Stage entered Oct 16. Sample team.
Construction managerGates the stage
Construction managerGates the stage
Construction manager
LegalGates the stage
Development lead
Analyst
0 of 1 partner has decided. Moving forward without approval shows a warning. Sample partners. Decisions are never edited; a change is a new entry.
From 160 to 148
By Sample analystSample
From Purchase agreement executed to Untrended yield clears 6.25% or the site dies
By Sample counselSample
From Sourcing to Feasibility
By Sample sponsorSample
From Not tracked to Sourcing
By Sample sponsorSample
Keeps the reason and its numbers. Reopen returns it to Feasibility.
Takes the deal off the board and out of every total. You can restore it.
Entitlement, Southeast Minneapolis, Prospect Park
2 of 5 closed. Stage entered Sep 4. Sample team.
Development leadGates the stage
Development lead
Legal
Development leadGates the stage
Development leadGates the stage
0 of 1 partner has decided. Moving forward without approval shows a warning. Sample partners. Decisions are never edited; a change is a new entry.
From Sponsor to Counsel
By Sample sponsorSample
From Staff report favorable to Planning commission hearing
By Sample counselSample
From Untrended yield clears the screen to Staff report favorable
By Sample counselSample
From Feasibility to Entitlement
By Sample counselSample
From Sourcing to Feasibility
By Sample sponsorSample
From Not tracked to Sourcing
By Sample sponsorSample
Keeps the reason and its numbers. Reopen returns it to Entitlement.
Takes the deal off the board and out of every total. You can restore it.
Design and pricing, St. Anthony Main, east bank
0 of 5 closed. Stage entered Sep 27. Sample team.
Construction manager
Construction manager
Construction managerGates the stage
Construction managerGates the stage
Development lead
0 of 2 partners have decided. Moving forward without approval shows a warning. Sample partners. Decisions are never edited; a change is a new entry.
From Dec 2026 to Jan 2027
By Sample contractorSample
From Sponsor to GC
By Sample sponsorSample
From Feasibility to Design and pricing
By Sample sponsorSample
From Sourcing to Feasibility
By Sample sponsorSample
From Not tracked to Sourcing
By Sample sponsorSample
Keeps the reason and its numbers. Reopen returns it to Design and pricing.
Takes the deal off the board and out of every total. You can restore it.
Raising, Lowry Hill East (the Wedge)
0 of 7 closed. Stage entered Oct 26. Sample team.
Capital
Construction managerGates the stage
CapitalGates the stage
CapitalGates the stage
CapitalGates the stage
Analyst
LegalGates the stage
0 of 2 partners have decided. Moving forward without approval shows a warning. Sample partners. Decisions are never edited; a change is a new entry.
From GC to Sponsor
By Sample contractorSample
From GMP within 3% of budget to Construction term sheet countersigned
By Sample sponsorSample
From Design and pricing to Raising
By Sample sponsorSample
From Feasibility to Design and pricing
By Sample sponsorSample
From Sourcing to Feasibility
By Sample sponsorSample
From Not tracked to Sourcing
By Sample sponsorSample
Keeps the reason and its numbers. Reopen returns it to Raising.
Takes the deal off the board and out of every total. You can restore it.
Raising, West End, St. Louis Park
Days to close
74
2 of 7 closed. Stage entered Oct 12. Sample team.
Capital
Construction managerGates the stage
CapitalGates the stage
CapitalGates the stage
CapitalGates the stage
Analyst
LegalGates the stage
1 of 2 partners have decided. Moving forward without approval shows a warning. Sample partners. Decisions are never edited; a change is a new entry.
Go, subject to the GMP landing inside the budget contingency.
From GMP within 3% of budget to Equity raise closes with land and the construction loan
By Sample sponsorSample
From Design and pricing to Raising
By Sample sponsorSample
From Entitlement to Design and pricing
By Sample sponsorSample
From Feasibility to Entitlement
By Sample counselSample
From By right to Rezone
By Sample analystSample
From Not tracked to Feasibility
By Sample sponsorSample
Keeps the reason and its numbers. Reopen returns it to Raising.
Takes the deal off the board and out of every total. You can restore it.
Closed and building, Bryn Mawr, Cedar Lake
0 of 5 closed. Stage entered Mar 16. Sample team.
Construction manager
Capital
Capital
Development lead
Development lead
No changes recorded yet.
Keeps the reason and its numbers. Reopen returns it to Closed and building.
Takes the deal off the board and out of every total. You can restore it.
Closed and building, Longfellow, Hiawatha corridor
0 of 5 closed. Stage entered Aug 11. Sample team.
Construction manager
Capital
Capital
Development lead
Development lead
No changes recorded yet.
Keeps the reason and its numbers. Reopen returns it to Closed and building.
Takes the deal off the board and out of every total. You can restore it.
Closed and building, Northeast, Lowry Avenue
0 of 5 closed. Stage entered May 16. Sample team.
Construction manager
Capital
Capital
Development lead
Development lead
No changes recorded yet.
Keeps the reason and its numbers. Reopen returns it to Closed and building.
Takes the deal off the board and out of every total. You can restore it.
Closed and building, Whittier, Eat Street
0 of 5 closed. Stage entered Mar 7. Sample team.
Construction manager
Capital
Capital
Development lead
Development lead
No changes recorded yet.
Keeps the reason and its numbers. Reopen returns it to Closed and building.
Takes the deal off the board and out of every total. You can restore it.
Closed and building, Longfellow, Minnehaha Avenue
0 of 5 closed. Stage entered Sep 14. Sample team.
Construction manager
Capital
Capital
Development lead
Development lead
No changes recorded yet.
Keeps the reason and its numbers. Reopen returns it to Closed and building.
Takes the deal off the board and out of every total. You can restore it.
| Deal | Passed | Reason | Land price | Units | Yield on cost | Rent per SF | Action |
|---|---|---|---|---|---|---|---|
| Sample pass, Wooddale cornerWas at Sourcing, St. Louis Park | Oct 6, 2026Sample Marcus Lee | Yield below target | $1,980,000 | 120 | 5.71% | $2.98 a month | |
| Sample pass, Excelsior Boulevard padWas at Feasibility, St. Louis Park | Sep 18, 2026Sample Dana Ortiz | Land price too highSeller held at asking after two counters. | $3,420,000 | 180 | 5.98% | $3.12 a month | |
| Sample pass, Plymouth Road siteWas at Feasibility, Minnetonka | Aug 21, 2026Sample Dana Ortiz | Zoning or entitlement riskGuide plan change needed; council signaled no. | $2,650,000 | 210 | 6.24% | Not screened |
Choose who is editing in a deal drawer before reopening.
From Oct 25, 2026, 6 changes in all.
Design and pricing to Raising
Oct 26, Sample sponsorSampleNo deal added.
No target closing slipped.
Gate: Owner responds to the first offer to Owner responds to the second offer
Nov 1, Sample sponsorSampleUnits: 160 to 148
Oct 28, Sample analystSampleUnits: 72 to 96
Oct 27, Sample analystSampleOwner: GC to Sponsor
Oct 26, Sample contractorSampleGate: GMP within 3% of budget to Construction term sheet countersigned
Oct 26, Sample sponsorSampleStage: Design and pricing to Raising
Oct 26, Sample sponsorSampleConstruction health, budget and contingency by job, sits under Build: Construction.
Cash needed, next 90 days
$31,982,049
19 dated items
Navy months fall inside the selected window. Bars sum every dated item that month, whoever funds it.
Site identified, pursuit open, no money at risk beyond time
Yield on cost pencils at today's rents or the site dies here
The public approvals: zoning, site plan, the appeal clock
Drawings to a GMP the budget can carry
Debt termed, the deal page published to invited investors, equity raised to close
Land, loan and equity closed, under construction
| Lead | Budget | Deals | Last update | Stale |
|---|---|---|---|---|
| Sample Priya Shah | $140.7M | 3 deals | Updated Nov 6 | 0 stale |
| Sample Marcus Lee | $121.5M | 2 deals | Updated Oct 22 | 2 stale |
| Sample Dana Ortiz | $85.2M | 3 deals | Updated Nov 6 | 0 stale |
| Sample Tom Brooks | $80.7M | 2 deals | Updated Nov 2 | 0 stale |
| Sample Ana Nguyen | $73.0M | 2 deals | Updated Nov 5 | 0 stale |
Site selection: fit a building on this site, or start from a concept
Where the pipeline sits
The board above, placed on the map. Color is the stage; a circle builds under today's zoning and a diamond waits on a rezone.
Legend
Sample site: Queen Ave rail stop
North Minneapolis, West Broadway
Sourcing · 96 units · Rezone
Sample site: Foundry block
Northeast Minneapolis, arts district
Sourcing · 210 units · Rezone
Sample site: 54th and Lyndale
Southwest Minneapolis, Lynnhurst
Feasibility · 148 units · By right
Sample site: Granary Road
Southeast Minneapolis, Prospect Park
Entitlement · 230 units · Rezone
Sample site: East Bank mill
St. Anthony Main, east bank
Design and pricing · 164 units · By right
By right reads 14 months from site control to close and the rezone reads 23: a rezone costs about 9 months, carried in the navy stretch of public process. Months are illustrative defaults a sponsor edits per deal.
By right14 months to close
Today's zoning carries the count. The city is a plan reviewer, not a vote.
Site control
Purchase agreement executed, diligence period open
Feasibility
Untrended yield on cost clears the screen
Design to permit set
Building permit application filed
Permitting
Building permit issued
Financing and closing
Loan and equity close the same day as land
Rezone23 months to close
Today's zoning does not carry the count. The public path governs the clock.
Site control
Purchase agreement executed with entitlement contingency
Feasibility
Untrended yield on cost clears the screen at the proposed count
Neighborhood and city pre-application
Staff report favorable
Rezoning and site plan
Council approval recorded
Appeal period
Expired without challenge
Design to permit set
Building permit application filed
Permitting
Building permit issued
Financing and closing
Loan and equity close the same day as land
Site control2 mo
Gate: Purchase agreement executed, diligence period open · Counsel
Feasibility2 mo
Gate: Untrended yield on cost clears the screen · Sponsor
Design to permit set5 mo
Gate: Building permit application filed · Architect
Permitting3 mo
Gate: Building permit issued · City
Financing and closing2 mo
Gate: Loan and equity close the same day as land · Sponsor
Site control3 mo
Gate: Purchase agreement executed with entitlement contingency · Counsel
Feasibility2 mo
Gate: Untrended yield on cost clears the screen at the proposed count · Sponsor
Neighborhood and city pre-application2 mo
Gate: Staff report favorable · Sponsor
Rezoning and site plan6 mo
Gate: Council approval recorded · City
The commission calendar sets this duration, not the drawings: miss an agenda and the next slot is a fortnight away.
Appeal period1 mo
Gate: Expired without challenge · Counsel
Design to permit set4 mo
Gate: Building permit application filed · Architect
Reads shorter than its by-right twin because schematic and design development overlap the rezoning months; only the permit set waits for the approval.
Permitting3 mo
Gate: Building permit issued · City
Financing and closing2 mo
Gate: Loan and equity close the same day as land · Sponsor
The fees both clocks pay at the permit gate: City fees for the metro, tracked. A deal's underwriting opens in the listing builder until it publishes as a deal page.
Feasibility gate
A deal cannot clear feasibility without knowing what fits on the site, so the gate carries a drawing slot owned by the architect. Until a real set is attached, each card shows the deal's unit count at a stated typology: up to 120 units reads as 4-over-1 podium, up to 200 as 5-over-1 podium, and above that as 5-over-2 podium (the worked example reads its own building program, 4-over-1 podium). The block does not show what fits on the site: site acreage, zoning height and parking ratio are not yet entered. It is a placeholder for the architect's work, not a site plan.
Sample site: Queen Ave rail stop
Sourcing
Not due until feasibilityNo drawing due before feasibility
Drawing required at the feasibility gateArchitect
Sample site: Foundry block
Sourcing
Not due until feasibilityNo drawing due before feasibility
Drawing required at the feasibility gateArchitect
Sample site: 54th and Lyndale
Feasibility
Illustrative massingIllustrative massing, not an architect's drawing
Unit count at 5-over-1 podium (by rule), not site fit.
Shows the unit count at a stated typology, not what fits on the site. Site acreage, zoning height and parking ratio not yet entered.
Architect set: not uploadedArchitect
Sample site: Granary Road
Entitlement
Illustrative massingIllustrative massing, not an architect's drawing
Unit count at 5-over-2 podium (by rule), not site fit.
Shows the unit count at a stated typology, not what fits on the site. Site acreage, zoning height and parking ratio not yet entered.
Architect set: not uploadedArchitect
Sample site: East Bank mill
Design and pricing
Illustrative massingIllustrative massing, not an architect's drawing
Unit count at 5-over-1 podium (by rule), not site fit.
Shows the unit count at a stated typology, not what fits on the site. Site acreage, zoning height and parking ratio not yet entered.
Existing building: the block stands in for an as-built survey and shows the unit count only.
Architect set: not uploadedArchitect
Sample site: Wedge triangle
Raising
Illustrative massingIllustrative massing, not an architect's drawing
Unit count at 4-over-1 podium (by rule), not site fit.
Shows the unit count at a stated typology, not what fits on the site. Site acreage, zoning height and parking ratio not yet entered.
Architect set: not uploadedArchitect
Illustrative: 200-unit multifamily development
Raising
Illustrative massingIllustrative massing, not an architect's drawing
Unit count at 4-over-1 podium (from its building program), not site fit.
Shows the unit count at a stated typology, not what fits on the site. Site acreage, zoning height and parking ratio not yet entered.
Architect set: not uploadedArchitect
Pipeline brief, week of Nov 7, 2026 (sample data) Portfolio: 12 active deals, 1,872 units, $501.1M estimated total cost ($323.3M probability-weighted). Stage moves in the last 7 days: none. New deals: none. Target closings pushed later: none. Due in the next 30 days (8 items, $360,000 stated): - Nov 16. Sample site: Foundry block. Phase one environmental report, $8,500. - Nov 19. Sample site: Queen Ave rail stop. Second offer deposit due, $50,000. - Nov 21. Sample site: Cedar Lake flats. Change order deposit, podium waterproofing, amount not stated. - Nov 23. Sample site: Wedge triangle. Construction loan application deposit, $75,000. - Nov 25. Sample site: Granary Road. Rezoning application fee, $14,500. - Nov 28. Sample site: 54th and Lyndale. Market study and boundary survey, $32,000. - Dec 1. Sample site: Hiawatha yards. Winter conditions allowance, first billing, $95,000. - Dec 4. Sample site: East Bank mill. Preconstruction services from the GC, $85,000. Needs attention (2): - Sample site: Foundry block: Target closing Oct 29, 2026 passed 9 days ago. Set a new date. - Sample site: Cedar Lake flats: Change order deposit, podium waterproofing, dated Nov 21, has no amount. Stale, no update in 14 days or more (2): - Sample site: Foundry block, last update 16 days ago - Sample site: Granary Road, last update 21 days ago
Saved in this browser only. Nothing is sent anywhere.
Nothing screened yet. Add a site to the pipeline or pass on it, and it appears here.
Saved in this browser only