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About SVN Northco

SVN | Northco is one of Minnesota's largest full-service commercial real estate firms located in Minneapolis with a significant regional presence.

45+
Years in Business

Originally established in 1975, we provide a staff of professionals with extensive industry experience, advanced market knowledge throughout the region and a thorough understanding of the complexities associated with real estate/business transactions. The staff is comprised of multiple lawyers, graduates, MBA, CCIM and other top professional affiliations so our clients are assured they are getting the best in the real estate industry.

Our four professionally staffed divisions – Brokerage, Property & Asset Management, Investment, Golf & Hospitality – work together to take any transaction from concept to completion serving individuals, corporations institutions, and municipalities.

We have specialists in resort and hospitality sales and investments, golf courses, office, industrial, retail, land, multifamily, and commercial real estate investment properties.

Our Reputation & Network

The reputation of SVN | Northco in the Twin Cities community has been built over a nearly 50 year period. As an owner and co-investor in many real estate projects in the Twin Cities (and beyond) we are well known, trusted and respected by our clients and competitors.

Our long history of success is based on our total commitment to building relationships and putting our clients’ interests first. We focus on creative, strategic, long-term planning, and then tailor the services we deliver to meet your requirements.

In addition to our local expertise, SVN | Northco has built a vast network of relationships nationally providing our clients a single point of contact, to serve the multi-market needs of our clients. We have processes and systems that allow the transaction to flow similarly every time.

Practice Areas

We have worked on hundreds of projects across the world.

1,500+
Projects
32
States
5
Countries

Hospitality

Our hospitality team can help you buy or sell your resort, golf course, or hospitality property.

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Resorts & Golf Courses
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Hotels
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Marinas
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Restaurants
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Event Centers

Commercial Real Estate

We have specialists in the following industry sectors and property types.

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Industrial
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Land
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Multifamily
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Office
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Retail
Odyssey Resort Portfolio

"Your access to qualified buyers and your management of the sales process was excellent."

Robert L. Ryan
CEO/Seller, Odyssey Resorts
Odyssey Resort Portfolio

"SVN | Northco was an invaluable resource throughout the process."

T.J. McMillan
CEO/Owner - Blackburn Investment Management
Odyssey Resort Portfolio

"Your firm was great to work with and your assistance in getting this very complex transaction closed is greatly appreciated."

Bill and Kirk Schultz
Investor/Management Company, Madison Hospitality Group
Maxwell Mansion

"Without a doubt, our acquisition would not have been as successful and coordinated without the SVN Northco team's dedication."

Luke and Monica Pfeifer
Principals, Adventure Hospitality
Cote Family Destinations

"We have appreciated the knowledge and sophistication that SVN | Northco has brought to the table."

Scott Siler
CEO, Cote Family Companies
Lutsen Resort

"We look forward to working with SVN Northco in the future to find us our next acquisition."

Bryce Campbell
President of North Shore Resort Company & Campbell Hospitality Group, Buyer
Ruttger's Bay Lake Resort

"Thanks to SVN for guiding Ruttger’s forward for future generations of guests.”

Chris Ruttger
Previous Owner and Great Grandson of the Founder, Seller
Lutsen Resort

"We were very pleased with their depth of experience with Midwest resorts."

Scott Harrison
Owner of Lutsen Resort, Seller
Wild Eagle Lodge

"I cannot say enough good things about SVN | Northco."

Curt Bradley
Owner, Seller
University of St. Thomas - Gainey Conference Center

"Thanks to the creativity and expertise of the SVN | Northco team, we ultimately closed a very complex asset sale with great results for all involved."

Mark Vangsgard
Vice President for Business Affairs and CFO for University of St. Thomas, Seller
Four Seasons Island Resort

"We will surely use the services of SVN in the future."

Mark Bodnar
Pembine Hospitality Management, LLC, Buyer
Pine Mountain Resort

"SVN | Northco Real Estate Services presented us with what turned out to be the perfect property for our objective."

Mark Bodnar
Pine Mountain Operations, LLC & TimberStone® Operations, LLC, Buyer
Bluefin Bay Family of Resorts

"SVN Northco was professional and knowledgeable surrounding selling the top tier Minnesota Resort property."

Joe Swanson
Partner, BFB Management, Buyer
Gunflint Lodge

"SVN | Northco was extremely responsive, professional, efficient, and effective throughout the entire process."

Bruce Kerfoot
Owner, Seller
Superior Shores Resort & Conference Center

"We plan to continue working with them for years to come."

Joe Re
Owner, Seller
Timber Creek Golf Course

"The SVN | Northco team was engaged, professional, and ensured a smooth transaction."

Phil Kotula
Owner, Seller
Bluefin Bay Family of Resorts

"I highly recommend the SVN Northco team to anyone considering buying or selling a resort property."

Dennis Rysdahl
Owner of Bluefin Bay Family of Resorts, Seller

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"Your access to qualified buyers and your management of the sales process was excellent."

Robert L. Ryan
CEO/Seller, Odyssey Resorts

"SVN | Northco was an invaluable resource throughout the process."

T.J. McMillan
CEO/Owner - Blackburn Investment Management

"Your firm was great to work with and your assistance in getting this very complex transaction closed is greatly appreciated."

Bill and Kirk Schultz
Investor/Management Company, Madison Hospitality Group

"Without a doubt, our acquisition would not have been as successful and coordinated without the SVN Northco team's dedication."

Luke and Monica Pfeifer
Principals, Adventure Hospitality

"We have appreciated the knowledge and sophistication that SVN | Northco has brought to the table."

Scott Siler
CEO, Cote Family Companies

"We look forward to working with SVN Northco in the future to find us our next acquisition."

Bryce Campbell
President of North Shore Resort Company & Campbell Hospitality Group, Buyer

"Thanks to SVN for guiding Ruttger’s forward for future generations of guests.”

Chris Ruttger
Previous Owner and Great Grandson of the Founder, Seller

"We were very pleased with their depth of experience with Midwest resorts."

Scott Harrison
Owner of Lutsen Resort, Seller

"I cannot say enough good things about SVN | Northco."

Curt Bradley
Owner, Seller

"Thanks to the creativity and expertise of the SVN | Northco team, we ultimately closed a very complex asset sale with great results for all involved."

Mark Vangsgard
Vice President for Business Affairs and CFO for University of St. Thomas, Seller

"We will surely use the services of SVN in the future."

Mark Bodnar
Pembine Hospitality Management, LLC, Buyer

"SVN | Northco Real Estate Services presented us with what turned out to be the perfect property for our objective."

Mark Bodnar
Pine Mountain Operations, LLC & TimberStone® Operations, LLC, Buyer

"SVN Northco was professional and knowledgeable surrounding selling the top tier Minnesota Resort property."

Joe Swanson
Partner, BFB Management, Buyer

"SVN | Northco was extremely responsive, professional, efficient, and effective throughout the entire process."

Bruce Kerfoot
Owner, Seller

"We plan to continue working with them for years to come."

Joe Re
Owner, Seller

"The SVN | Northco team was engaged, professional, and ensured a smooth transaction."

Phil Kotula
Owner, Seller

"I highly recommend the SVN Northco team to anyone considering buying or selling a resort property."

Dennis Rysdahl
Owner of Bluefin Bay Family of Resorts, Seller

1975

Northco is founded

2003

Northco becomes affiliated with Grubb & Ellis (now Newmark)

2006

Frank and Angela Jermusek acquire an ownership interest in Northco.

2006

Northco acquires 5353 Wayzata Boulevard office building in St. Louis Park and relocates offices.

2006

Northco starts Golf and Hospitality divisions.

2015

Northco joins SVN.

Receives Firm of the Year Honoree the same year.

2018

Acquired ownership interest in Wild Eagle Lodge

2019

Acquired ownership interest in Odyssey Resorts

2020

Acquired ownership interest in Ruttger's Bay Lake Resort

2022

Acquired ownership interest in Ludlow's Island Resort

The SVN Difference

The SVN® brand was founded in 1987 out of a desire to improve the commercial real estate industry for all stakeholders through cooperation and organized competition. SVN is now a globally recognized commercial real estate brand united by a shared vision of creating value with clients, colleagues and our communities.

When you choose SVN you mobilize the entire SVN organization of experts and all our trusted relationships to act on your behalf. This shared network is the SVN Difference.

The SVN Shared Value Network

SVN was founded on the belief that proactively cooperating and collaborating with the global commercial real estate community is the right thing to do for our clients and the best way to ensure maximum value for a property.

We’ve expanded this ideology to include a Shared Value Network® approach across all our service lines, offices, and the communities where our Advisors live and work. Together with our clients, colleagues, and communities, we create greater value through openness, inclusivity and innovation.