Value-add multifamily in the Twin Cities.

We acquire, improve, and operate apartment communities across the Twin Cities and surrounding Minnesota markets. Our vertically integrated platform gives us direct responsibility for execution.

How We Invest

The Groves apartment community

Lakeshore acquires multifamily properties where focused management, thoughtful capital improvements, and disciplined leasing can improve the resident experience and long-term property performance.

  • Disciplined Acquisitions — We evaluate each opportunity using property-level due diligence, realistic operating assumptions, and downside scenarios.
  • Direct Operations — Lakeshore Management LLC oversees leasing, maintenance, renovations, budgeting, and resident service.
  • Long-Term Execution — We focus on sustained operating improvement instead of relying solely on short-term market appreciation.

The Lakeshore Platform

Integrated Operations

Investment and property-management teams work from the same operating plan.

Local Focus

We concentrate on the Twin Cities and surrounding Minnesota markets.

Founder Alignment

Lakeshore's principals invest alongside outside capital when permitted by each offering.

Consistent Reporting

Investors receive regular property-level operating and financial updates.

$28.15M

Total Project Cost

Actively managed portfolio across the Twin Cities region.
4

Portfolio Properties

Properties acquired since launching in 2024.
283

Residential Units

Apartment units serving Minnesota residents across four communities.
2024

Founded

Founded by Eric Wagner and Zack Olson.

Our Investment Process

1

Source

Identify multifamily opportunities through broker relationships, direct outreach, and local market coverage.

2

Evaluate

Review physical condition, rent rolls, operating history, financing, and downside scenarios.

3

Execute

Implement leasing, maintenance, renovation, and expense-management plans through Lakeshore Management LLC.

4

Operate

Monitor performance, communicate with investors, and make property decisions based on long-term value.

Meet the Founders

Eric Wagner

Eric Wagner

Co-Founder & Managing Partner

Eric co-founded Lakeshore in 2024 and leads capital raising, investment strategy, asset-management oversight, and investor reporting. From 2018 through 2024, he worked at Marcus & Millichap and ultimately served as Senior Director Investments, personally closing more than $600 million in investment sales. His operating experience also includes independently acquiring and operating six Illinois apartment buildings totaling 55 units.

Zack Olson

Zack Olson

Co-Founder & Managing Partner

Zack co-founded Lakeshore in 2024 and leads acquisition sourcing, deal analysis, due diligence, and day-to-day operational oversight. From 2020 through 2024, he worked at Marcus & Millichap, where he evaluated more than $300 million in multifamily opportunities and was personally credited with approximately $40 million in closed transactions.

Start a Conversation With Lakeshore

Whether you're interested in becoming an investor, submitting an off-market deal, or simply learning more about our strategy, we'd welcome the conversation.