Company Profile
Metroplains Management
Property manager specializing in multifamily affordable housing (apartments, townhomes, senior living), commercial property management (office buildings), asset management, development (historic renovation, new construction via affiliate MetroPlains LLC), and construction services (rehabilitation, upgrades via MetroPlains Building Services). Manages over 5,100 units and $555M+ in assets across Midwest; acquires existing affordable multifamily properties and owns via special-purpose entities; exited/sold former projects including historic mixed-use rehabs and townhomes.
Key Statistics
As of June 2026, public records show Metroplains Management has $23.1M in total recorded mortgage volume across 19 mortgages, with 29 current property ownerships held through 23 confirmed entities.
Total Mortgage Volume
$21.1M
Current Ownerships
29
Confirmed Entities
23
Associated People
4
Entities (23)
Metroplains Management operates through 23 confirmed holding companies and entities identified from public records.
ND · 5 properties · 6 mortgages
MN · 5 properties · 3 mortgages
ND · 1 property · 2 mortgages
ND · 1 property · 2 mortgages
ND · 1 property · 1 mortgage
+18 more entities not shown
People (4)
Key individuals associated with Metroplains Management based on signatures extracted from recorded documents and public filings.
Chief Financial Officer · 1 mortgage · 1 property
Listed as MANAGER on MO REAL ESTATE HOLDINGS LLC (MN), directly matching dossier entry.
Founder / Principal / Manager (MetroPlains LLC) · 1 mortgage · 1 property
Appears as CEO on 3 affiliated MN entities (METROPLAINS ACQUISITION CORP, VILLAGE BY THE BAY DEVELOPMENT LLC, MINNESOTA GREEN LANDSCAPING INC), directly matching dossier as Gary L. Stenson / Gary Stenson.
Principal (MetroPlains LLC development) · 0 mortgages · 0 properties
Listed as MANAGER on METROPLAINS CASCADE GP LLC (MN), directly matching dossier entry.
Properties (29)
| Address | Entity | Status | Consideration |
|---|---|---|---|
| 2116 7TH AVE, BELLE FOURCHE, SD 57717 | MDI LP 119 | Owns | $897k |
| 605 N CEDAR AVE, OWATONNA, MN 55060 | MO REAL ESTATE HOLDINGS LLC | Owns | $275k |
| 334 PARKVIEW CT S, MAPLEWOOD, MN 55119 | NELLIE FRANCIS COURT LP | Owns | $1.4M |
+20 more not shown
Top Lenders
The following lenders have the most recorded mortgage volume with Metroplains Management entities.
Geography
Metroplains Management has recorded real estate activity in the following states.
FAQ
What does Metroplains Management do?
Property manager specializing in multifamily affordable housing (apartments, townhomes, senior living), commercial property management (office buildings), asset management, development (historic renovation, new construction via affiliate MetroPlains LLC), and construction services (rehabilitation, upgrades via MetroPlains Building Services). Manages over 5,100 units and $555M+ in assets across Midwest; acquires existing affordable multifamily properties and owns via special-purpose entities; exited/sold former projects including historic mixed-use rehabs and townhomes.
How many entities are associated with Metroplains Management?
Metroplains Management operates through 23 confirmed entities identified from signatures on recorded documents. Key entities include MDI LP, MDI LP, and MDI LP 44.
Who are the key people at Metroplains Management?
Public records and filings associate 4 individuals with Metroplains Management. Key people include Matt Olson (Chief Financial Officer), Gary Stenson (Founder / Principal / Manager (MetroPlains LLC)), and Rob Mccready (Principal (MetroPlains LLC development)).
How many properties does Metroplains Management own?
Public records show 29 current property ownerships associated with Metroplains Management entities, with $21.1M in total recorded mortgage volume.
Which lenders has Metroplains Management worked with?
Top lending relationships include Wells Fargo Bank, Horizon Bank, and Security First Bank, based on recorded mortgage data.
How is this data collected?
Elementix aggregates data from recorded real estate documents, business filings, and other lawfully available sources. We use AI to extract signatures, identify entity relationships, and connect people to the companies they operate through.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities.
Elementix is not a consumer reporting agency, and this information does not constitute a consumer report. The data may not be used to make decisions about an individual's eligibility for personal credit, consumer housing, employment, insurance, or any other purpose governed by the Fair Credit Reporting Act.
Requests for removal, suppression, or correction of information must be submitted to [email protected]. Elementix reviews such requests only where required by applicable law.