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Company Profile

Oaks Properties

Multifamily DeveloperMultifamily Owner-Operator
oaksproperties.com
3550 E 46th St, Suite 120, Minneapolis, MN 55406

Oaks Properties is a family-owned multifamily owner-operator, developer, and property manager founded in 1970. They develop, acquire, re-imagine, transform, own, and manage upscale apartment communities and mixed-use commercial space primarily in Minnesota, Texas, and Missouri, owning and operating approximately 17 communities with an emphasis on in-house development and resident-first service.

Key Statistics

As of June 2026, public records show Oaks Properties has $321.7M in total recorded mortgage volume across 35 mortgages, with 78 current property ownerships held through 24 confirmed entities.

Total Mortgage Volume

$287.0M

Current Ownerships

78

Confirmed Entities

24

Associated People

4

Entities (24)

Oaks Properties operates through 24 confirmed holding companies and entities identified from public records.

RIVER OAKS PROPERTIES LLC

MN · 31 properties · 5 mortgages

active
Incorporated on 02/13/2023 in MN
OAKS TRINITY LLC

TX · 2 properties · 2 mortgages

Incorporated on 06/05/2015 in TX
OAKS RIVERCHASE LP

TX · 1 property · 2 mortgages

active
Incorporated on 08/14/2008 in TX
OAKS CITY CENTER LLC

TX · 1 property · 2 mortgages

Incorporated on 02/05/2013 in TX
OAKS VERNON LLC

MN · 1 property · 1 mortgage

active
Incorporated on 02/15/2008 in MN

+19 more entities not shown

People (4)

Properties (78)

AddressEntityStatusConsideration
9000 POPPY DR,
DALLAS, TX 75218
OAKS MINNCHAHA TWO LLCOwns$7.8M
905 6TH AVE NE,
LITTLE FALLS, MN 56345
RIVER OAKS PROPERTIES LLCSold$3.5M
410 4TH AVE NW,
MILACA, MN 56353
RIVER OAKS PROPERTIES LLCSold$2.2M

+40 more not shown

Top Lenders

The following lenders have the most recorded mortgage volume with Oaks Properties entities.

Geography

Oaks Properties has recorded real estate activity in the following states.

Iowa
Texas
Minnesota
Missouri

FAQ

What does Oaks Properties do?

Oaks Properties is a family-owned multifamily owner-operator, developer, and property manager founded in 1970. They develop, acquire, re-imagine, transform, own, and manage upscale apartment communities and mixed-use commercial space primarily in Minnesota, Texas, and Missouri, owning and operating approximately 17 communities with an emphasis on in-house development and resident-first service.

How many entities are associated with Oaks Properties?

Oaks Properties operates through 24 confirmed entities identified from signatures on recorded documents. Key entities include RIVER OAKS PROPERTIES LLC, OAKS TRINITY LLC, and OAKS RIVERCHASE LP.

Who are the key people at Oaks Properties?

Public records and filings associate 4 individuals with Oaks Properties. Key people include Norman Bjornnes (President) and Helen Klug (Governor).

How many properties does Oaks Properties own?

Public records show 78 current property ownerships associated with Oaks Properties entities, with $287.0M in total recorded mortgage volume.

Which lenders has Oaks Properties worked with?

Top lending relationships include Northmarq, Southwest Heritage Bank, and Wells Fargo 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.

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