What has your experience been renting? If you are like most renters, your experience hasn’t been good. Imagine what it would be like to have maintenance respond to your issues quickly? How would you feel controlling your home with your voice using smart home technology? What would be like to live in a newly renovated unit with stainless steel appliances and granite countertops? How would it feel to be a part of an organization that is giving back to your local community in a meaningful way?
At Norhart, our focus is on you. We are driven by one simple but powerful purpose: to create a better way to live. That is because we want you and the people in your community to live better. Creating a better way to live is our passion. If we don’t live up to that, let us know, and we’ll make the changes necessary to improve the way you and future residents live.
Our company started with just one man, Ed Kaeding. He had a dream to build quality homes at an affordable price. In the 1970s Ed built his first houses and apartment buildings in Devils Lake, ND. They were successful projects largely because Ed was keen on running a lean organization. In fact, the construction crew generally only consisted of himself, his brother, and a friend or two.
By the 1990s, Ed had 20 rental units and had decided to move his operations to Forest Lake, MN. He built his first building, an 8-plex, in 1995. Then he maintained a steady pace until 2002. At that point he owned about 90 units. By the early 2000s the housing market was on fire, but Ed realized that this was a poor time to invest. He wisely focused on paying down debt so that he could weather the future storm that he saw coming. After the crash in 2008, Ed was well positioned for further growth.
By 2009 Ed's son, Mike Kaeding, started to play a more significant role in the development of the company. Ed, Mike, and their wives ventured to start building a 120 unit complex. This was an intense undertaking for the small company. The project was scheduled to be completed over four phases. By the fall of 2014, their dream and hard work paid off upon the completion of this large complex.
At the start of this larger project came the realization of how important it was to build a strong team. Over the years we’ve built up an incredible core team to help us achieve our goals. We are now developing other areas of the Minneapolis and St. Paul area. Our hope is to continue to provide quality yet affordable multi-family housing. The future looks bright and we’re excited for the journey ahead.
If you want to learn more about what we up to now check out our blog: Norhart Blog
We provide apartments, self-storage, and commercial space for rent. Our passion is to create a better way to live. We are constantly improving what we do to make that experience better. In fact, we even have a team of people that focus on bringing new technologies in to your home to make your life better. Check out our communities to see what is available to rent.
We also develop, construct, and maintain properties. Our team works closely with architects, engineers, and city officials to design and obtain approval on projects. Once a project is approved, our construction team will manage the entire construction process. We have many licensed, experienced professionals on our staff and we can complete much of the construction work ourselves. We see the project through from initial conception to the grand opening to ensure the property meets our standards.