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The Excelsior Group logo

The Excelsior Group

2–10 employees 8 principals

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Last updated 2mo ago

About The Excelsior Group

The Excelsior Group is a real estate operator. The Excelsior Group operates in Minneapolis-St.Paul, Minnesota. Its investment focus is on Multifamily - Ground-up, Single-family rental and Urban Office.

The Excelsior Group (TEG), founded in 2005 by Chris Culp, Kim Culp, and Ted Glasrud, is a Twin Cities–based real estate firm specializing in multifamily acquisition, development, and property management. The privately held company operates with a lean team of 2–10 employees headquartered in St. Louis Park, Minnesota. Over nearly 20 years, TEG has developed more than $2 billion in multifamily, mixed‑use, and commercial projects. Through affiliated funds (Opportunity Partners I–V), it manages roughly $350 million in commercial assets and oversees over 2 million SF of commercial real estate, 2,500 apartment units, 1,500 raw‑land acres, and 250 single‑family lots.

Principals at The Excelsior Group

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8 principals on file

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Recent activity at The Excelsior Group

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The Excelsior Group's project portfolio

4 projects on file · Multifamily (4)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets The Excelsior Group operates in

  • Minneapolis-St.Paul, Minnesota

Investment themes at The Excelsior Group

  • Multifamily - Ground-up
  • Single-family rental
  • Urban Office

Capabilities

  • Asset Management
  • Brokerage
  • Construction Management
  • Custom Homes
  • Economic Development
  • Mixed Use
  • Public-private partnerships

Operators similar to The Excelsior Group

  • The Town Lake Company
    Mid-market tierSingle-family rentalMultifamily - Ground-up+1 more theme
  • Glencrest Group
    Mid-market tierMinneapolis-St.Paul, MinnesotaSingle-family rentalMultifamily - Ground-up
  • Vincent Companies
    Mid-market tierMinneapolis-St.Paul, MinnesotaSingle-family rentalMultifamily - Ground-up
  • Mattoni Group
    Mid-market tierSingle-family rentalMultifamily - Ground-up+1 more theme
  • Agador Spartacus Development
    Mid-market tierSingle-family rentalMultifamily - Ground-up+1 more theme
  • Inland Development Partners
    Mid-market tierMinneapolis-St.Paul, MinnesotaMultifamily - Ground-upSingle-family rental
  • Henderson Park
    Mid-market tierMultifamily - Ground-upUrban Office
  • Strada Investment Group
    Mid-market tierMultifamily - Ground-upUrban Office
  • Tourmaline Capital Partners
    Mid-market tierMinneapolis-St.Paul, MinnesotaUrban Office
  • Ember Group, LLC
    Mid-market tierSingle-family rentalMultifamily - Ground-up

Frequently asked questions about The Excelsior Group

What does The Excelsior Group do?
The Excelsior Group (TEG), founded in 2005 by Chris Culp, Kim Culp, and Ted Glasrud, is a Twin Cities–based real estate firm specializing in multifamily acquisition, development, and property management.
What markets does The Excelsior Group operate in?
The Excelsior Group is active in Minneapolis-St.Paul, Minnesota.
How many employees does The Excelsior Group have?
The Excelsior Group has 2–10 employees.
The Excelsior Group cover image

The Excelsior Group at a glance

Tier
Mid-market
Operator type
Developer, Owner
Headcount
2–10
Units owned
5,000-10,000
Units managed
5,000-10,000
Property mgmt
Self-Managed
Markets
1
Principals
8

Contact The Excelsior Group

1600 Utica Avenue South, Suite 900 St. Louis Park, MN 55416
www.excelsiorllc.com