The Opus Group
The Opus Group is a vertically integrated commercial real estate development, design, and construction firm serving enterprise clients across the US Midwest, Southeast, and Southwest. Operating through Opus Development Company, Opus Design Build, and Opus AE Group subsidiaries with in-house capital markets, it delivers industrial, multifamily, office, retail, and institutional projects on a custom design-build basis.
- Company typePrivate
- Founded1953
- HeadquartersMinnetonka, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What The Opus Group does
The Opus Group is a privately held, vertically integrated commercial real estate development, design, and construction firm headquartered in Minnetonka, Minnesota, with origins dating to 1953 when founder Gerry Rauenhorst signed his first construction contract. The company operates through three wholly owned operating subsidiaries — Opus Development Company, L.L.C. (real estate development), Opus Design Build, L.L.C. (construction project management), and Opus AE Group, L.L.C. (architectural and engineering services) — together with an in-house capital markets team that provides underwriting, capitalization, and disposition services for development projects. Opus maintains nine regional offices across the Midwest, Southeast, and Southwest US (Minneapolis, Austin, Charlotte, Chicago, Denver, Des Moines, Indianapolis, Kansas City, Phoenix) and delivers projects across industrial, multifamily, office, retail, and institutional sectors. Its core technology is a design-build integrated project delivery model backed by Building Information Modeling (BIM); no AI/ML capabilities are disclosed.
The company's customer base is enterprise-oriented and diversified across industries including manufacturing, distribution, telecommunications, education, and consumer products, with notable multi-year relationships with Hallmark, Charter Communications (11+ years), Andersen Corporation, Luther College (25 years), and Cargill. Revenue is generated through professional services — development fees, construction contracts, design/architecture fees, and capital markets fees — on custom-quoted, project-based engagements ranging from small tenant improvements to large speculative industrial campuses exceeding 800,000 SF. The go-to-market is enterprise field sales targeting corporate developers, REITs, property owners, and institutional clients, supported by thought-leadership media, industry event participation (NAIOP, regional business journals), and a Client Direct Services offering that extends the design-build model to external clients. As of 2025, Opus is in the midst of a multi-year leadership transition following the announced retirement of long-tenured CEO Tim Murnane and is expanding geographically into the Southeast and Southwest US markets.
The Opus Group firmographics
Firmographics- Name
- The Opus Group
- Legal name
- Opus Holding, L.L.C.
- Website
- https://opus-group.com
- Company type
- Private
- Founded year
- 1953
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- The Opus Group is a vertically integrated commercial real estate development, design, and construction firm serving enterprise clients across the US Midwest, Southeast, and Southwest. Operating through Opus Development Company, Opus Design Build, and Opus AE Group subsidiaries with in-house capital markets, it delivers industrial, multifamily, office, retail, and institutional projects on a custom design-build basis.
- Ownership category
- akta.pro rank
The Opus Group industry classification
Industry- Product category
- Commercial Real Estate Development
- NAICS
- Management of Companies and Enterprises (551)
- SIC
- Real Estate (6500), Operative Builders (1531)
- akta.pro primary industry
- Family Office Advisory & Outsourced CIO (OCIO) (FSAAADAC)
Keywords
Where The Opus Group is headquartered
LocationHeadquarters
- HQ city
- Minnetonka
- HQ country
- United States
- HQ region
- North America
Offices10 records
Markets served
The Opus Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Supply Chain, Others
Revenue model
- Commercial Real Estate Development: Development fees and equity returns from commercial real estate projects including industrial, multifamily, office, retail, and institutional developments. Projects range from speculative developments to build-to-suit facilities for corporate clients.
- Construction Services: Project management and construction services delivered through design-build model. Revenue generated from construction contracts for both Opus-led developments and Client Direct Services engagements.
- Architectural and Engineering Services: Integrated design services including architecture, interior design, sustainable design, and engineering provided as part of overall project delivery or standalone engagements.
- Capital Markets Services: Debt and equity financing services for development projects, including underwriting, capitalization, and disposition. Manages capital formation for dozens of projects annually representing hundreds of millions of dollars.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
The Opus Group product offering
Product offeringCore offering
The Opus Group is a vertically integrated commercial real estate company that delivers real estate development, architectural and engineering design, and construction services through three core subsidiaries: Opus Development Company, Opus Design Build, and Opus AE Group. It supports industrial, multifamily, office, retail, and institutional projects with an in-house capital markets team and a single-point-of-accountability model. The company serves corporate, REIT, and institutional investor clients across multiple U.S. regions.
Product overview
The Opus Group is a vertically integrated commercial real estate development, design, and construction company comprised of three core operating subsidiaries: Opus Development Company (real estate development), Opus Design Build (construction project management), and Opus AE Group (architectural and engineering services). The company also provides Capital Markets services in-house and offers Client Direct Services for external clients. Opus operates as a one-team, multidisciplinary organization delivering projects across industrial, multifamily residential, office, retail, and institutional sectors through an integrated design-build approach.
Differentiator
Problem solved
Functional benefit
Products and services
- Opus Development Company Real estate development subsidiary that sources, entitles, and develops commercial properties including industrial, multifamily, office, retail, and institutional projects for corporate, REIT, and institutional investor clients.
- Opus Design Build
- Opus AE Group
- Capital Markets
- Client Direct Services
Quantifiable outcome
- Delivered over 3,300 projects throughout company history
- +4 more outcomes
Companies that use The Opus Group
Customer profileNamed customers9 records
Segments7 records
Ideal customer profiles1 record
The Opus Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
The Opus Group partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights6 records
The Opus Group competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks2 records
Key highlights7 records
Customer concentration
The Opus Group social profiles
Digital presenceThe Opus Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Opus Group leadership team
Management profileNumber of profiles
Profiles14 records
The Opus Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
The Opus Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Opus Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Opus Group
What does The Opus Group do?
The Opus Group is a vertically integrated commercial real estate company that delivers real estate development, architectural and engineering design, and construction services through three core subsidiaries: Opus Development Company, Opus Design Build, and Opus AE Group. It supports industrial, multifamily, office, retail, and institutional projects with an in-house capital markets team and a single-point-of-accountability model. The company serves corporate, REIT, and institutional investor clients across multiple U.S. regions.
Is The Opus Group a public or private company?
The Opus Group is a private company. It is classified as family owned and is currently operating.
When was The Opus Group founded?
The Opus Group was founded in 1953. It employs 101 to 250 people.
Where is The Opus Group based?
The Opus Group is headquartered in Minnetonka, United States, in the North America region.
How does The Opus Group make money?
Four revenue lines are on record. Commercial Real Estate Development is the primary driver. The others are construction Services, architectural and Engineering Services and capital Markets Services.
Does The Opus Group have an API?
No public API is recorded for The Opus Group.
What industry is The Opus Group in?
The Opus Group's product category is Commercial Real Estate Development. Its primary akta.pro industry code is FSAAADAC, Family Office Advisory & Outsourced CIO (OCIO). Its NAICS code is 551 and its SIC code is 6500.