Investing with Purpose
We approach every project with a long-term vision—protecting investor capital while creating developments that strengthen and uplift the communities we call home.
Our Portfolio
Roosevelt Townhomes
Roosevelt Townhomes is a 12-unit, Class A infill development located in downtown Fargo. Built inline with Fargo’s broader urban revitalization plan, the project contributes high-density housing in walkable, central neighborhoods with limited new supply. Supported by city-approved PILOT tax incentives, Roosevelt delivers long-term cash flow and equity appreciation. Gro developed the project from the ground up to provide high-quality rental housing in a historical neighborhood.
Highlights
12 UnitsProject Cost $3.1M21% IRR3.8x Equity MultipleMultifamily | Development
The Rye at Tillstone
The Rye is a 212-unit Class A multifamily community within the master-planned Tillstone development in south Fargo. Designed with upscale amenities and modern finishes, Gro participated in the development through a fund-to-syndication partnership with Enclave, providing its investors access to an institutional-quality asset in a high-growth corridor.
Highlights
212 UnitsProject Cost $41.6M18% IRRMultifamily | Development
Fargo Townhomes
The Fargo Townhome Portfolio is a 91-unit value-add investment consisting of townhomes and apartments across several Fargo and West Fargo neighborhoods. Gro acquired the portfolio as a group of rental properties that were not being fully optimized — with below-market rents, outdated units, and management inefficiencies — creating an opportunity to improve performance. Through tailored renovations and the conversion of select properties to condos, Gro is increasing performance and optionality. The investment strategy includes a combination of retail unit sales, portfolio dispositions, and cash-flowing holds.
Highlights
91 UnitsProject Cost $11.5M18.48% IRR3.1x Equity MultipleMultifamily | Value-Add | 17 Units Exited
50 Single Family Homes
Gro RE Fund II is a single-family development fund focused on delivering 50 new homes across three subdivisions in West Fargo and Horace. Built in partnership with Mission Homes and Fargo Home Company, the fund gives private investors access to the ownership and development of single-family housing — an asset class historically limited to local builders and operators. Gro oversees the full development process, from land acquisition to construction and disposition, with a strategy designed to create long-term value through build-to-rent and retail sales.
HIGHLIGHTS
50 UnitsProject Cost $2.3M15% IRR1.3x Equity MultipleSingle Family | Development
Freight Flats
Freight Flats is a boutique condo conversion project in downtown Fargo, originally built in 1916 as a rail-line storage facility. Over the years, it transitioned from storage to apartments to for-sale condos — with Gro leading the most recent conversion. This historic building now offers thoughtfully renovated units that preserve its industrial charm while delivering modern comfort.
Highlights
10 UnitsProject Cost $1.8M45.15% IRR1.6x Equity MultipleMultifamily | Condo Conversion | Exited
Southtown Flats
Southtown Flats, is a 51-unit multifamily development located at 2465 62nd Ave S near Davies High School. The project includes a mix of studio, one, two, and three-bedroom units, and features thoughtful amenities such as underground parking, a fitness center, a recreation space with a pool table, and a community lounge. The project is positioned in a high-growth South Fargo neighborhood.
Highlights
51 UnitsProject Cost $9.5M23.89% IRRMultifamily | Development | Partner Affiliated Project
Southtown Townhomes
Southtown Townhomes is a build-to-rent project consisting of two 3-plex townhomes, located just off 25th Street near Davies High School in South Fargo. Each of the six units features modern finishes, multi-level layouts, and attached garages. Designed for long-term tenants or future retail buyers, the project balances functionality with high-quality design. Exit strategies include individual unit sales or an investor portfolio sale.
Highlights
6 UnitsProject Cost $1.8M14.70% IRR3.3x Equity MultipleMultifamily | Development
Uptown Lofts
Uptown Lofts is a six-unit infill townhome development project located in downtown Fargo. It served as the first phase and prototype for the adjacent Roosevelt Townhomes, mirroring its layout and construction standards. Each unit offers modern finishes and attached garages tailored for urban renters. The project reflects Gro’s approach to small-scale infill development, generating steady cash flow while positioning for long-term appreciation.
Highlights
6 UnitsProject Cost $1.6MMultifamily | Development
Black Oak
Black Oak is a commercial office development located on Oak Ridge Loop in West Fargo. Built in 2021, the property features eight private office suites with shared amenities, including common areas designed to support small businesses and professionals. The layout offers the look and feel of individual office ownership with the flexibility of rental space. Gro’s investment strategy focused on delivering high-quality, functional office environments in a suburban setting with limited small-format commercial supply.
Highlights
8 Units Project Cost $750KOffice | Development
Oakworx
Oakworx is a 13-unit commercial office development located on Oak Ridge Loop in West Fargo. Completed in 2023, the property offers modern office suites for lease, designed to meet the needs of growing small businesses and independent professionals. Tenants benefit from shared amenities and a flexible layout that supports a collaborative yet private work environment. The project adds high-quality commercial space to a fast-developing corridor in the West Fargo market.
Highlights
13 UnitsProject Cost $625KOffice | Development | Exited
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