Tapestry Companies is a comprehensive real estate development and management firm based in Minneapolis, Minnesota, dedicated to the ownership, management, development, and financing of senior housing and multifamily housing projects. The company places a strong emphasis on adaptive reuse, particularly in converting open, distressed, or closed hotels into residential spaces. Operating with a national focus, Tapestry seeks all-suite and conventional hotels that can be repurposed for community needs. This innovative approach not only revitalizes properties but also provides essential housing solutions to seniors and families in need.
Engaging in the complete development cycle, Tapestry manages every step from building acquisition and municipal entitlements to construction management and property oversight. The firm consists of a dedicated team of staff managers, financing experts, attorneys, and marketing specialists, ensuring streamlined project execution. With several satellite offices located across Florida, Illinois, Pennsylvania, and Ohio, Tapestry maintains a significant presence in the multifamily housing sector.
Utilizing various financing programs, including HUD and Low-Income Housing Tax Credit options, Tapestry plays a crucial role in affordable housing development. The firm has successfully completed numerous projects that range from assisted living facilities to educational establishments and mixed-use developments. Unlike traditional real estate firms, Tapestry focuses primarily on developing and managing projects for its own portfolio or engaging in joint ventures with property owners, allowing for a unique approach to revitalizing urban landscapes and addressing community housing needs.
Through its robust adaptive reuse initiatives, Tapestry is transforming the landscapes of American cities, creating vibrant living environments that respond to the changing demographics and housing demands of the nation.