The Excelsior Group
2–10 employees 8 principals
Last updated
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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Markets and themes
Markets The Excelsior Group operates in
Investment themes at The Excelsior Group
Capabilities
- Asset Management
- Brokerage
- Construction Management
- Custom Homes
- Economic Development
- Mixed Use
- Public-private partnerships
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- Henderson ParkMid-market tierMultifamily - Ground-upUrban Office
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- Tourmaline Capital PartnersMid-market tierMinneapolis-St.Paul, MinnesotaUrban Office
- Ember Group, LLCMid-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.