Insights from Experts: Matt Rauenhorst on Working with Brokers in the MNCAR Newsletter

5/19/2017

Matt Rauenhorst, Vice President, Real Estate Development
Years with Opus: 13
Project Credits: 365 Nicollet Luxury Multifamily, Lincoln Drive Apartments, Variant Luxury Mixed-Use Development, Oxbō Luxury Mixed-Use Development, The Foundry, Venue at Dinkytown, The Station on Washington, Stadium Village Flats, Shoppes on Maine
Article: Opus’ Design-Build Model: Brokers and Their Clients Can Rely on Certainty of Outcome in Their Build Out [MNCAR Newsletter]

Key Points

  • Our integrated model allows for certainty of outcome for the client and for the broker. The certainty of outcome comes from having the influences and processes of design, construction and the ownership from our development team. Some of the specifics that come out of that are locking in pricing earlier and better understanding of all of the risk factors surrounding a development, such as entitlements, environmental, infrastructure and scheduling.
  • We promise to deliver a high-quality building that meets the scope. The building is finished as intended—on time and on budget.   
  • Our design-build approach allows for a certainty in the deal for the broker in that a build-to-suit is what their client wants and/or needs, and the entire process will run as smoothly as possible.
  • “Why does it work for me and my firm with Opus? First, trust. We trust them. We don’t get led astray. We don’t get played. It’s straight up on what they can do, how they approach something, what they’d like to do. And if they can’t do something, they step out saying it’s really not our cup of tea. But if they can do it, they roll up their sleeves and work hard at it.” – Russ Nelson, president and principal at NTH Inc.
  
Learn more about how you can qualify for the Opus Broker Challenge, an all-expense paid trip to Vale, Colo., or Phoenix, Ariz. and see our For Lease properties.