Apolis

Deal: St. Louis Park West End, 200 unitsPage: Monday report

Monday report, week of Nov 2

Sample

Pipeline as of Nov 7, 2026. 12 active deals. Sample data.

Sample deals in the live format. Drafted for you to send; Apolis sends nothing.

Stage moves
0
Last 7 days
Slips
7
Target closings and schedule pushes
At risk, next 14 days
$760K
3 dated items
Decisions waiting
5
Awards, approvals, expiring terms

Stage moves this week

No stage moves or new deals this week.

Slips and new forecasts

  • Off track: Illustrative: 200-unit multifamily development: Loan commitment forecast Dec 23, 2026, 21 days past plan. It moves 7 later milestones by up to 14 days.
  • Watch: Illustrative: 200-unit multifamily development: close forecast Jan 20, 2027, 14 days later than the plan of Jan 6, 2027.

Due in the next 14 days

$760K at risk across 3 dated items.

  • Off track: Nov 13. Sample site: 54th and Lyndale: Feasibility period ends, $75K at risk (initial deposit, refundable until this date). In 6 days. Owner Sample Ana Nguyen.
  • Watch: Nov 17. Sample site: Wedge triangle: Financing contingency ends, $600K at risk (earnest money, refundable only under this contingency). In 10 days. Owner Real estate counsel.
  • Nov 19. Illustrative: 200-unit multifamily development: GC award and GMP contract forecast to finish. Owner General contractor.
  • Off track: Jan 9. Illustrative: 200-unit multifamily development: Loan term sheet expires, $85K at risk (good faith deposit on the construction loan). Close forecast Jan 20, 2027, 11 days after. Owner Sample Priya Shah.

Decisions waiting

  • Watch: Illustrative: 200-unit multifamily development: GC award and GMP contract, forecast Nov 19, 2026, 14 days past plan. Owner General contractor. Bids leveled Oct 12, 2026.
  • Off track: Illustrative: 200-unit multifamily development: Loan commitment, forecast Dec 23, 2026, 21 days past plan. Owner Construction lender.
  • Illustrative: 200-unit multifamily development: GC bid validity ends Dec 8, 2026, in 31 days, $652K at risk.
  • Sample site: Wedge triangle: Rate lock expires Jan 6, 2027, in 60 days, $122K at risk.
  • Off track: Illustrative: 200-unit multifamily development: Loan term sheet expires Jan 9, 2027, forecast runs past it, $85K at risk.

Raise progress

  • Off track: Sample site: Wedge triangle: $5.2M indicated of $9.4M, $4.3M to go. 55% indicated against 75% expected by now.
  • Watch: Illustrative: 200-unit multifamily development: $9.6M indicated of $18.3M, $8.7M to go. 53% indicated against 60% expected by now.

Every deal

  • Sample site: Queen Ave rail stop: Sourcing. Next: Owner responds to the second offer, Dec 2026. Schedule on track.
  • Off track: Sample site: Foundry block: Sourcing. Next: Phase one environmental back, Dec 2026. Schedule off track.
  • Sample site: 54th and Lyndale: Feasibility. Next: Untrended yield clears 6.25% or the site dies, Jan 2027. Schedule on track.
  • Sample site: Granary Road: Entitlement. Next: Planning commission hearing, Feb 2027. Schedule on track.
  • Watch: Sample site: East Bank mill: Design and pricing. Next: GMP within 3% of budget, Jan 2027. Schedule on track, Budget watch.
  • Off track: Sample site: Wedge triangle: Raising. Next: Construction term sheet countersigned, Dec 2026. Schedule on track, Budget on track, Raise off track.
  • Off track: Illustrative: 200-unit multifamily development: Raising. Next: GC award and GMP contract, Nov 19, 2026. Schedule on track, Budget off track, Raise watch.
  • Off track: Sample site: Cedar Lake flats: Closed and building. Next: Roof dry-in before the first freeze, Dec 2026. Schedule off track, Budget watch, Contingency watch.
  • Watch: Sample site: Hiawatha yards: Closed and building. Next: Foundation inspection on building B, Nov 2026. Schedule watch, Budget on track, Contingency on track.
  • Sample site: Lowry flats: Closed and building. Next: Reach 90% occupancy for the permanent loan, Jan 2027. Schedule on track, Lease-up on track.
  • Off track: Sample site: Nicollet commons: Closed and building. Next: Concession review with the construction lender, Nov 2026. Schedule on track, Lease-up off track.
  • Watch: Sample site: Minnehaha lofts: Closed and building. Next: Annual debt service coverage test, Dec 2026. Schedule on track, Operations watch, Coverage watch.