Market-Driven Real Estate

Reuter Walton Development

Reuter Walton Development is an award winning real estate company that specializes in developing outstanding, community-driven projects in the multi-family, student housing, hospitality and commercial sectors.

At Reuter Walton Development, we pride ourselves on fostering a culture of collaboration whether we’re developing our own projects or working for a third party. We believe a successful project is a group effort and our team, with collectively over 50 years of experience in executing and completing a diverse portfolio of development projects, is equipped to facilitate every step of the development process from inception to completion. Operating under the umbrella of Reuter Walton Companies gives us an additional advantage to control construction costs and quality.

  • Since 2005, we’ve surpassed $740 million in completed developments
  • Our diverse portfolio includes over 20 developments in the multi-family, student housing, mixed-use, commercial and hospitality sectors
  • We facilitate sustainable development by designing each project to align with a community’s unique needs and values
  • Our resources and expertise includes:
    • Site Analysis and Financial Feasibility
    • Complex Entitlement Matters
    • Diverse Financing Tools including Tax Increment Financing and Tax Credit Financing
    • In-House Award Winning Construction Company
    • Construction Management and Supervision

Residential & Commercial Development

Multi-Family / Mixed-Use

Reuter Walton Development's multifamily and mixed-use properties employ the full scope of our resources, infrastructure, and experience to integrate the residential and commercial functions into cohesive developments that fulfill our commitment to contribute value to the community with every project.

Student Housing

We first earned our reputation from the success of our innovative developments in the student housing sector, which remain among our most proud accomplishments. To date, we’ve developed, built, and manage a collective 1 million square feet of student housing, ranging in size from 45 beds to 827 per project.

Commercial / Hospitality

Our expanding commercial and hospitality portfolio demonstrates the versatility of our development capabilities. From location scouting to comprehensive renovations and award-winning exterior design, Reuter Walton Development equips our commercial and hospitality properties with the facilities they need to thrive.

The Reuter Walton Development Team

Nick Walton


Nick Walton is the Co-Founder and visionary behind Reuter Walton Companies. He has a knack for seeing potential where others don’t and working through issues where others won’t.  With a comprehensive background in development, finance and construction, he is able to manage a successful project from concept to completion. He has developed over 2.2 million square feet of projects valued at over $740 million in his young career.

Anne Stephenson

General Counsel

With over 10 years of experience within the real estate development industry; Anne was a natural fit as General Counsel for Reuter Walton. Anne is known for ensuring each project receives the thoroughness and efficiency it deserves. Her expertise in multifamily, student housing, hospitality and commercial developments add value and momentum to each of Reuter Walton’s projects. Anne’s comprehensive knowledge of the industry and her drive for results allow Reuter Walton to maintain their forward momentum. In 2015, Anne was named one of the Top Women in Finance by Finance and Commerce.

Paul Keenan

Vice President of Development

Paul recently joined Reuter Walton and has over 10 years of experience in real estate development.  He has originated and completed market rate, affordable, and senior living developments using both traditional sources of financing and State/Federal LIHTC and historic tax credits.  Paul has an MBA from Hamline University and is responsible for site selection, underwriting, debt & equity sourcing, closing and construction management.

Kyle Brasser


Kyle brings over nine years of LIHTC and market-rate real estate development experience to Reuter Walton. He is experienced in all aspects of the development process from origination to construction management.  His wealth of knowledge includes financing using a variety of different capital sources; including tax-exempt bonds, low income housing tax credits, historic tax credits, syndication, bank financing and soft sources.  Kyle’s talent in development, debt and equity, design, construction management and team leadership are tremendous assets for the Reuter Walton Development team. 

Thomas Watson

Project Manager

Thomas joined Reuter Walton as a Project Manager for development projects from inception through construction completion. After spending over 5 years working for a non-profit affordable housing developer in Chicago, Thomas brings an exceptional understanding of public and private financing tools, underwriting, entitlements and the construction draw process. This unique experience and skillset adds value to Reuter Walton as they begin to expand their development portfolio.

Open Positions

Interested in working for Reuter Walton Companies?  Contact us using the below form to connect with someone about job openings.

Contact Reuter Walton Development

If you would like to speak to a member of our team, please call 612-823-3489 or fill out the form below and we will contact you as soon as possible.

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