What types of senior housing does Haven transact in Minnesota?+
Haven works across all Minnesota senior housing asset types licensed as Assisted Living Facility (ALF) / Housing with Services by Minnesota Department of Health (MDH). We handle single assets, small portfolios, and multi-facility transactions across all major Minnesota markets.
Does Haven list off-market Minnesota properties?+
Yes. A significant portion of Haven's Minnesota deal flow is off-market — sourced through our operator relationships and advisor network. Registered buyers get early access before public listing. Sign up for our free monthly listing alerts to hear about new opportunities as they become available.
What is the licensing process for senior housing in Minnesota?+
Minnesota licenses Assisted Living Facilities through MDH. Minnesota updated its AL licensing law in 2021 — all Housing with Services facilities that provide assisted living services must now be licensed as ALFs. Minnesota Department of Health (MDH) change-of-ownership processing typically takes 75–105 days after a complete application.
What cap rates should I expect in Minnesota?+
Minnesota stabilized ALF assets typically trade at 7–9% cap rates. Twin Cities suburban premium communities (Edina, Plymouth, Eden Prairie) compress to 6–7.5%; Rochester, Duluth, and outstate Minnesota trade at 8–10%. Haven provides free preliminary valuations.
How long does a Minnesota senior housing transaction take?+
Minnesota Department of Health (MDH) change-of-ownership processing typically takes 75–105 days after a complete application. Most senior housing sales close in 90–150 days from engagement. The full change-of-ownership process, from application to new license, typically takes 90–180 days, so it starts early in the sale.
Can Haven help with financing for a Minnesota acquisition?+
Yes. Haven's Capital Solutions team provides lender introductions for Minnesota senior housing acquisitions — including bridge financing, conventional commercial loans, and HUD-insured loans for qualified larger facilities. We prepare lender-ready financial packages that account for Minnesota's specific regulatory and market context.
