REAL ESTATE
SPECIALISTS
Tapestry Companies is an integration of real estate companies involved in the ownership, management, development and financing of senior housing and multifamily housing with an emphasis on adaptive reuse and selected new construction projects.
We Purchase Hotels
Tapestry is actively seeking open, distressed or closed hotels to consider as adaptive reuse opportunities. The company can acquire hotel properties for cash or will consider joint-venture opportunities. We are seeking both all-suite and conventional hotels nationally. Please email us directly at info@tapestrycompanies.com with hotel or conversion opportunities.
Tapestry is involved in the full cycle of the development process including building acquisition, land acquisition, master site planning, municipal entitlements, debt and equity financing, architectural and engineering plans, construction management, and the continued property management of our developed products.
Tapestry’s integration of staff managers, financing experts, attorneys, marketing and development representatives coordinate all aspects of each development. The company is based in Minneapolis, Minnesota with satellite offices in Florida, Illinois, Pennsylvania and Ohio. Currently, the company is only involved in projects for its own portfolio or in joint ventures with property owners. Recently, the company has been most actively involved in the adaptive reuse of hotels to senior and multifamily housing.
Tapestry uses various financing programs including: HUD 221(d)3, HUD 221(d)4, HUD 232, HUD 202, Freddie, Fannie, Tax Exempt Bonds and conventional. The company is also involved in the Low-Income Housing Tax Credit Program with both 4% and 9% tax credits.
Tapestry Company Has Completed Many Different Types of Renovation, With New Construction Projects to Include:
Educational Facilities
Multifamily Rental Developments
Affordable Housing
Religious Facilities
REPRESENTATIVE PROJECTS
Learn about all of our projects across the U.S.
Tapestry Moon Assisted Living
Moon Township, Pittsburgh, PA
- Status: Completed Assisted Living
- Type: Hotel Conversion
- Financing: Tax Exempt Bonds
- Development Costs: $82M
Crown Jacksonville Apartments
Jacksonville, FL
- Status: Pre-Development Apartments
- Type: Hotel Conversion
- Financing: Bridge-HUD/Fannie
- Development Costs: $12M
Tapestry Lakeshore Assisted Living
Tallahassee, FL
- Status: Completed Assisted Living
- Type: Hotel Conversion-Assisted Living
- Financing: Tax Exempt Bonds
- Development Costs: $34M
Colony of Eden Prairie
Eden Prairie, MN
- Status: Completed Assisted Living
- Type: New Construction
- Financing: TEB/HUD
- Development Costs: $22M
Summit Rental Townhomes
Burnsville, MN
- Status: Completed
- Type: New Construction
- Financing: HUD 221d4
- Development Costs: $20M
Tapestry Springboro Assisted Living
Springboro, OH
- Status: Completed
- Type: New Construction
- Financing: TEB/Tax Credits
- Development Costs: $22M
Tapestry Manchester Apartments
Hartford, CT
- Status: Pre-Development
- Type: Hotel Conversion
- Financing: Bridge to HUD/Fannie
- Development Costs: $11M
Seasons at Maplewood
Maplewood, MN
- Status: Completed Assisted Living
- Type: New Construction
- Financing: HUD 232
- Development Costs: $34M
Tapestry Hudson Rental Homes
Boston Heights, OH
- Status: Pre-Development
- Type: Hotel Conversion
- Financing: Bridge to HUD
- Development Costs: $25M
Lincoln Parc Apartments
Eden Prairie, MN
- Status: Completed
- Type: New Construction
- Financing: HUD/TEB
- Development Costs: $33M
Regent at Burnsville Senior Housing
Burnsville, MN
- Status: Completed
- Type: New Construction
- Financing: HUD 232
- Development Costs: $24M
Southampton Rental Apartments
Minnetonka, MN
- Status: Completed
- Type: New Construction
- Financing: HUD 221d4
- Development Costs: $18M
Tapestry Wickliffe Senior Housing
Cleveland, OH
- Status: Completed
- Type: New Conversion
- Financing: Tax Exempt Bonds
- Development Costs: $44M
Runnemede Apartments
Runnemede, NJ
- Status: Pre-Development
- Type: Hotel Conversion
- Financing:Bridge to HUD/Freddie
- Development Costs: $18M
Lakewood Apartments
St. Paul, MN
- Status: Completed
- Type: New Construction
- Financing: HUD/Tax Credits
- Development Costs: $16M
Regent at Plymouth Senior Housing
Plymouth, MN
- Status: Completed
- Type: New Construction
- Financing: HUD 232 and TEB
- Development Costs: $18M
Mt. Laurel Senior Housing
Mt. Laurel, New Jersey
- Status: Pre-Development
- Type: Hotel Conversion
- Financing: Bridge to HUD/Fannie
- Development Costs: $14M
Tapestry Walden Senior Housing
Tallahassee, FL
- Status: Completed
- Type: Hotel Conversion
- Financing: Tax Exempt Bonds
- Development Costs: $26M
Dakota Station Mixed-Use Development
Burnsville, MN
- Status: Completed
- Type: New Construction
- Financing: HUD 221-d3
- Development Costs: $18M
Seasons at Apple Valley Assisted Living
Apple Valley, MN
- Status: Completed
- Type: New Construction
- Financing: HUD 232
- Development Costs: $28M
Wyngate Townhomes Low Income Housing
Maplewood, MN
- Status: Completed
- Type: New Construction
- Financing: Tax Credit and HUD
- Development Costs: $14M
Crown Olathe Assisted Living and Memory Care
Olathe, KS
- Status: Completed
- Type: Hotel Conversion
- Financing: Conventional
- Development Costs: $16M
Colonial Square Low-Income Housing
Mankato, MN
- Status: Pre-Development
- Type: Restructured
- Financing: Section 8/LIHTC
- Development Costs: $10M