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MWF Properties partners only with reliable architects, subcontractors, engineers, planners, and designers who share in our goal of quality housing. With each project, we bring our own experienced entitlement expertise, project coordination, on-site management, and excellent quality controls.


Latest News & Developments

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    Red Rock Square is NOW OPEN

    MWF Properties is happy to announce the opening of Red Rock Square in Newport, MN! The project features 42-units across two and three-bedroom layouts. Located at the southwest corner of Interstate 494 and Highway 61, Red Rock Square will provide tenants convenient access to downtown St.

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    1st Avenue Flats in Rochester, MN is NOW OPEN

    MWF Properties would like to congratulate Joseph Development on the opening of 1st Avenue Flats, a 68-unit apartment building located at 400 1st Avenue NW in Rochester! The property features both one and two-bedroom units, and its location near downtown Rochester and the Destination Medical Center will provide tenants access to a variety of entertainment and employment options close to home. MWF Properties provided development consulting services to Joseph Development for 1st Avenue Flats.Prospe...

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    Valleyhigh Flats is now Under Construction!

    MWF Properties would like to congratulate Joseph Development for their groundbreaking on Valleyhigh Flats in Rochester, MN! The 60-unit project will include a mix of one, two, and three-bedroom units and will be located at 3433 Kenosha Drive NW. Construction is expected to be completed in early 2018, with tenant move-ins beginning in February 2018.

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    Lafayette Square is NOW OPEN

    MWF Properties is happy to announce the opening of Lafayette Square in Davenport, Iowa! This 48-unit project is located in downtown Davenport, with convenient access to a variety of commercial centers and employment opportunities. Tenants will begin moving in on February 1st and there are still units available to rent! Prospective tenants can contact Melody Patterson at (563) 324-4525 or lafayette@paramark.us http://www.paramark.us/search-results/lafayette-square-apartments/

  • Joseph Development Tax Credit Award in Rochester

    Congratulations to Joseph Development on the tax credit award for Valleyhigh Flats in Rochester, MN! Valleyhigh Flats will be located at 3433 Kenosha Drive NW, and will include 60 units spread across one, two, and three-bedroom floor plans.Construction is anticipated to begin in April 2017, with an estimated opening in December 2017. Please check back for updates on leasing information as we get closer to the start of construction.MWF Properties provided development consulting services to Joseph...

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    Red Rock Square in Newport, MN is Under Construction!

    Construction is underway on Red Rock Square in Newport! Located at 150 Red Rock Crossing, the 42 unit property will feature 24 two-bedroom units and 18 three-bedroom units. Just southwest of the Hwy 10 and 494 intersection, the property will allow tenants convenient access to Saint Paul and the eastern metro area.

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    1st Avenue Flats is Under Construction!

    Construction has begun at 1st Avenue Flats in Rochester, MN! Congratulations to Joseph Development for breaking ground on another housing project in the city. 1st Avenue Flats will be a 68-unit property located at 400 1st Avenue NW and will feature one and two-bedroom layouts.

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    Lafayette Square project Under Construction

    We are happy to announce that construction has begun on Lafayette Square in Davenport, Iowa! Located at 625 West 4th Street, the 48 unit property will feature a mix of two, three and four-bedroom layouts. The project is anticipated to open in January 2017. Click the link for time-lapse video of the demolition and construction at the site!

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    Forest Oak II is NOW OPEN

    MWF Properties would like to announce the opening of the Forest Oak Apartments II. Tenants began moving in on May 31st and the property is now fully leased! This 36-unit phase is located just East of Forest Oak Apartments, at 19838 Forest Road North in Forest Lake, MN.

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    The Meadows is NOW OPEN

    The Meadows, located in Southeast Rochester, recently completed construction in mid-January, and began moving tenants in soon after. The Meadows is anticipated to be fully leased by the end of January. MWF Properties provided development consulting services to Joseph Development on The Meadows.

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    Ashland Place is NOW OPEN

    MWF Properties would like to congratulate Joseph Development on another successful project. Ashland Place has completed construction and is nearly fully leased! Tenants began moving in on November 30th.

  • Partial Allocation of Tax Credits Awarded in Newport, MN

    MWF Properties was recently awarded a partial allocation of tax credits in Newport, MN.Red Rock Square will have 44 two and three bedroom units and will be located at 150 Red Rock Crossing, Newport, MN.Red Rock Square will provide multifamily housing to the Red Rock Corridor development plan in the area.It is anticipated that remaining credits will be awarded in 2016, with construction estimated to begin in Spring of 2017. 

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    Another Joseph Development Project Awarded in Rochester

    Congratulations to Joseph Development on another tax credit award in Rochester, MN.First Avenue Flats will be a 68-unit, 5-story apartment complex located at the heart of Rochester, at the NW intersection of Broadway and Civic Center Drive. Flats will consist of 1 and 2 bedroom units.Construction is set to begin in Spring 2016, with an estimated opening of December 2016. MWF Properties provided development consulting services to Joseph Development on First Avenue Flats. 

  • 2nd Phase of Forest Oak Begins Construction

    MWF Properties was recently awarded the remaining credits it needed to begin the second phase of Forest Oak Apartments in Forest Lake, MN. The financing for this project was made possible from a cumulation of Tax Credits awarded over the past three years from the Washington County HRA and Minnesota Housing.Forest Oak Apartments II will consist of 36 units, and will be nearly identical to Phase I. It will be located just to the East of Phase I, at 19830 Forest Road North, Forest Lake, MN 55025.Co...

  • Two New Rochester Projects for Joseph Development Under Construction

     8/6/15: Ashland Place and The Meadows have both begun construction and are ahead of schedule! It is anticipated that Ashland Place will open in December 1, 2015 and The Meadows will open February 15, 2015. MWF Properties provided development consulting services to Joseph Development on these two projects.

  • Tax Credit Project Awarded in Davenport, IA

    MWF Properties was recently given notice of a Tax Credit Award in Davenport, IA from the Iowa Finance Authority. The project will be called Lafayette Square, located at 625 West 4th Street, Davenport, IA 52801. The project will consist of the demolition of multiple, out-dated buildings, and the construction of a 5-story, 48-unit apartment building, with parking and an on-site management office on the first floor.

  • The Square on 31st

    Congratulations to Joseph Development on the recent completion of The Square on 31st, the rehabilitation of a 104-unit apartment complex formerly known as Rochester Square in Rochester, Minnesota. Rochester Square was originally constructed in 1971 and was one of the first Workforce Housing properties in the state. In August 2013, RS Apartments, Limited Partnership purchased the property with the intent of providing over $40,000 of rehabilitation per unit.

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