Single-Family Rental Community Readied for April 2018 Occupancy

MINNEAPOLIS, MINNESOTA – January 04, 2018 – Watermark Equity Group, LLC and Great Lakes Management recently announced that Mills Creek, a new and exciting residential rental community located in the northwest Minneapolis suburb of Maple Grove, is currently in development with select homes to be available for occupancy by April 2018.

This rental community, a first of its kind in the Twin Cities region, will feature 66 tastefully designed stand-alone homes with a mix of 2, 3 and 4 bedroom models ranging from 1,200 to 2,000+ SF. Designed by esteemed Haven Design Group, these homes will highlight a modern farmhouse aesthetic, featuring designer finishes, open concept floorplans and a top-of-the-line amenities package aimed to attract tenants who appreciate elegant, yet gracious, living environments.

“Similar rental communities have been popping up all over the country, and we are thrilled to be able to introduce the concept in the Twin Cities market,” said Freddy Ellis, managing partner of Watermark Equity Group, “Mills Creek offers many things that traditional apartments cannot, like your own 2-car garage, private yard, and detached walls. Experience the benefits of a single-family home lifestyle while enjoying the amenities, maintenance-free living and flexibility typically offered by multifamily communities. This place is perfect for active adults looking to downsize, and young professionals or families preferring to rent instead of buying a home of their own. Not only that, but we believe the Mills Creek community is being established in the perfect location; a few minutes away from shops and restaurants at Arbor Lakes, 20 minutes from downtown Minneapolis, and in close proximity to large local employers. We’re confident that this will be the premier destination in the area to live, work, and socialize.”

Community amenities will include a clubhouse with a well-appointed business and fitness center, patios, fire pits, grilling stations and a putting green. There will also be a fitness trail encircling the property, specifically designed for running and cross-country skiing, a secluded dog park will provide a retreat for tenants with pets, and an outdoor garden for tenants to grow their own vegetables.

Construction activities commenced in July of this past year, managed by Champlin-based general contractor, Headwater Homes, LLC. The construction team also includes long-time area contractor, Gridor Construction with project designs by Whitten Associates and Alliant Engineering.

About Watermark Equity Group
Watermark Equity Group specializes in residential and commercial real estate development. Through their commitment to the communities in which they build, Watermark endeavors to continually and comprehensively increase the quality of life for their residents and neighbors. Founded in 2014, Watermark Equity Group was created and operates, in-part, to provide financial assistance to the inner-city youth at Chicago Hope Academy through their student sponsorship program. For more information, please visit

About Great Lakes Management
Great Lakes Management Company (GLM) is a 30-year old Minnesota based real estate firm that provides development, property management, marketing, asset management, home healthcare and consulting services to property owners and investors. GLM operates an expansive portfolio of multi- family, mixed-use, student housing and senior apartment communities along with a variety of office and retail projects.

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Watermark Equity Group