The Opus Group® Names Nick Murnane Vice President and General Manager, Opus Development Company

The Opus Group®​ (Opus) has promoted Nick Murnane to vice president and general manager, overseeing its Minneapolis development team.

Murnane joined Opus in 2010 and has been promoted multiple times to roles of increasing responsibility, most recently as vice president, real estate development. During his tenure, he has led the development of several complex projects in Minnesota, including The Nic on Fifth®365 Nicollet and Vesi North Loop.

In his new role, Murnane is responsible for advancing development opportunities in all sectors in the Minnesota market. This includes leading the sourcing and pursuit of opportunities, upfront development feasibility studies, financial analysis, due diligence and entitlements for speculative and build-to-suit developments while providing managerial oversight to teams throughout construction, design and project delivery. He reports to Matt Rauenhorst, executive vice president and general manager of Opus.

“Over the last 13 years, Nick has gained the experience and expertise needed to be successful in his new role," said Rauenhorst. “He has proven himself as a valuable leader, demonstrating the kind of integrity that brings out the best in each member of our team."

Murnane is currently leading the Corsa Apartments project, a 250-unit transit-oriented multifamily development in St. Louis Park, Minn., scheduled for completion in late 2023. 

“I've had the opportunity to work with Nick many times," said Beth Duyvejonck, regional vice president of construction for Opus. “I've witnessed his leadership development first hand as he's worked to successfully deliver many significant projects. I look forward to partnering with him on many more great projects to come."

Murnane holds a bachelor's degree in political science from the University of Kansas. He is also a member of the National Multifamily Housing Council, the International Council of Shopping Centers, the Minnesota Commercial Association of Realtors and NAIOP, the Commercial Real Estate Development Association.