Investor Profile - MN
Ted Glasrud
Ted Glasrud is a real estate investor and operator based in Minneapolis-St. Paul, MN-WI. Public filings show activity across 116 properties held through 20 holding companies. Recent mortgage relationships include EXCELSIOR CAPITAL SUB I, JOSHUAMARKUMBUILDERS, and JOSHUA MARKUM BUILDERS.
Ted's Activity
As of June 2026, public records show approximately $5.9M in recorded mortgage exposure linked to this investor across at least 29 mortgage filings and 116 properties held through 20 holding companies. Activity appears concentrated in residential and commercial assets recorded between 2016 and 2023.
Associated People
Primary Geography
Minneapolis-St. Paul, MN-WI
ZIP codes: 55025, 55446, 55038, 55372, and 55044
Most activity in FOREST LAKE, MINNEAPOLIS, HUGO, PRIOR LAKE, and SAINT PAUL.
Property Type Breakdown
Associated Entities (20)
MN · 0 properties · 15 mortgages
MN · 0 properties · 9 mortgages
+18 more entities not shown
Mortgages (29)
Top Lenders
$3.7M · 2 loans
$660k · 1 loan
$660k · 1 loan
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 03/17/2020 | $660k | Open | JOSHUA MARKUM BUILDERS | EXCELSIOR CAPITAL SUB I LLC | 22864 DAKOTAH ST NW, SAINT FRANCIS, MN 55070 |
| 03/11/2020 | $320k | Closed | JMS CUSTOM HOMES | EXCELSIOR CAPITAL SUB V LLC | - |
+27 more not shown
Owned Properties (116)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 7255 73RD AVE N, ROCKFORD, MN 55373 | EXCELSIOR CAPITAL SUB III LLC | Sold | $130k |
| 2580 WINFIELD AVE, GOLDEN VALLEY, MN 55422 | EXCELSIOR CAPITAL SUB IV LLC | Sold | $195k |
+114 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential, commercial, and exempt properties across Minneapolis-St. Paul, MN-WI.
What companies is Ted Glasrud associated with?
Ted Glasrud is associated with 20 entities based on extracted signatures from public records. Key entities include EXCELSIOR CAPITAL SUB V LLC, EXCELSIOR CAPITAL SUB I LLC, EXCELSIOR CAPITAL SUB IV LLC, EXCELSIOR CAPITAL SUB III LLC, and OP3 HEADWATERS LLC.
How many properties are associated with this investor?
At least 116 properties are associated with Ted Glasrud and the entities they control, based on signatures extracted from recorded documents connecting Ted Glasrud to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references EXCELSIOR CAPITAL SUB I, JOSHUAMARKUMBUILDERS, and JOSHUA MARKUM BUILDERS, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2016 through 2023, with the most recent mortgage recorded in 2020.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
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. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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