LASALLE GROUP

What LASALLE GROUP does

LaSalle Group (legally LaSalle Development Group, Ltd., also doing business as LaSalle Group, Limited) is a privately held real estate development and management consulting firm founded in 1992 and headquartered in the Minneapolis, Minnesota area. The firm is owned and operated by Thomas W. LaSalle through four affiliated privately-held corporations: LaSalle Development Group, Ltd. (consulting), Tapestry Management, LLC / LaSalle Management Group, LLC (property portfolio management), Tapestry Senior Housing Management, and United Equities, LLC. The group collectively employs 300+ staff who support approximately 600,000 square feet of office and commercial space and more than 1,500 residential units, including assisted living facilities.

The firm provides a coordinated suite of services across the real estate development lifecycle — from architect and contractor selection, space programming, preliminary design, and design development, through construction monitoring, contract administration, and site management — supplemented by ongoing property and facilities management. Its owner's representation consulting is delivered on a project basis to a diversified client base spanning universities, colleges, schools, religious communities, health care centers, profit and non-profit companies, and Native American gaming operations. Notable project references include Children's Theatre Company, McNamara Alumni Center (University of Minnesota), Four Winds Casino, and Marquette Plaza.

The business model is professional services: project-based consulting fees for owner's representation engagements, recurring property management fees on the managed portfolio, and senior housing management revenue through the Tapestry Senior Housing Management subsidiary. LIHTC equity and Section 8 HAP contracts have been used to finance senior housing conversions and affordable apartment rehabilitation. The firm has no external investors, no PE/VC backing, and operates entirely under founder ownership with no disclosed technology platform or AI capabilities.

Name

LASALLE GROUP

Legal name

LaSalle Development Group, Ltd.

Website

https://lasallegrp.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

LaSalle Group is a privately held Minneapolis-based real estate development and management firm providing owner's representation, development consulting, and property/facilities management to universities, healthcare, religious, gaming, and non-profit clients, managing 600,000+ sq ft of commercial space and 1,500+ residential units.

Ownership category

akta.pro rank

Product category

Real Estate Development Consulting

NAICS

Real Estate Property Managers (53131), Nonresidential Property Managers (531312), Residential Property Managers (531311), Management Consulting Services (54161)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Services-Management Consulting Services (8742), Real Estate (6500)

akta.pro primary industry

Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)

akta.pro secondary industry

New Development / Declarant Transition Management (BPAJAHAK)

Keywords

• Real estate development
• Owner representation
• Property management
• Facilities management
• Development consulting

Headquarters

HQ city

Bloomington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Development Consulting Services: Owner representation consulting services including development consulting, project management, and financial consulting for private, non-profit, and public sector organizations. The firm provides comprehensive services in property and facilities management and owner representation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

LaSalle Group provides owner's representation consulting, real estate development consulting, and property and facilities management services to private, non-profit, and public sector organizations. Its service portfolio spans the full development lifecycle—including architect and contractor selection, space programming, preliminary design, design development, construction monitoring, contract administration, and site management—supplemented by ongoing facility management for office, commercial, and residential portfolios (including assisted living).

Product overview

LaSalle Group is a privately held real estate development and management firm offering a coordinated suite of services including property and facilities management, development consulting, and owner representation. The company operates multiple affiliated entities (LaSalle Development Group, Ltd., Tapestry Management, LLC/LaSalle Management Group, LLC, Tapestry Senior Housing Management, and United Equities, LLC) that work together to provide comprehensive real estate services. The service portfolio spans the entire development lifecycle—from architect and contractor selection, space programming, preliminary design, and design development, through construction monitoring, contract administration, and site management—supplemented by ongoing facility management services. The company manages a substantial property portfolio with over 300 employees supporting approximately 600,000 square feet of office and commercial space, and more than 1,500 residential units including assisted living facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Property and Facilities Management
• Owner Representation Consulting
• Development Consulting and Project Management
• Senior Housing Management
• Real Estate Investment and Equity Services

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Ryan Companies US, Inc. Minneapolis-based integrated real estate services firm offering development, design, construction, and property management. Closest Twin Cities peer to LaSalle's full-lifecycle development-to-management model, with comparable institutional client base.
• The Opus Group: Minneapolis-headquartered national real estate developer with in-house development, design-build, and property management capabilities. Directly comparable to LaSalle Development Group in owner's representation and commercial development scope.
• Kraus-Anderson: Twin Cities-based real estate development and construction firm serving healthcare, education, and commercial clients. Comparable to LaSalle's owner-rep consulting and development services in the same regional market and verticals.
• Life Care Services (LCS): Large national senior living management and development firm. Most direct competitor to Tapestry Senior Housing Management given overlapping senior housing operations and resident capacity scale.
• Welsh Companies: Minnesota-focused commercial real estate services and property management firm (now part of Colliers). Comparable regional competitor for LaSalle's commercial property management and brokerage-adjacent services.
• Atria Senior Living: National senior housing operator and management company. Competes directly with Tapestry Senior Housing Management for assisted living and senior housing management contracts, particularly in the Midwest.

Broad incumbents

• Jones Lang LaSalle (JLL): Global real estate services firm offering owner's representation, project management, and property management at scale. Larger incumbent competing for the same institutional owner's-rep engagements LaSalle pursues.
• CBRE Group: World's largest commercial real estate services firm with deep project management and property management practices. Broad incumbent competing for institutional client mandates that LaSalle also serves.
• Cushman & Wakefield: Global real estate services firm with project & development services and property management practices. Competes for owner's representation mandates on institutional and tribal gaming projects.
• Colliers International: Global real estate services firm with strong project management, owner's representation, and property management capabilities. Broad incumbent and parent of Welsh Companies (Twin Cities peer).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/lasalle-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LASALLE GROUP