Heritage Park Minneapolis

As of Q4 2025, Certus is the court-appointed Receiver of a large multifamily housing development in Minneapolis.

The community features 440 units of multifamily housing (a portion of which are income qualified) within 76 structures throughout 31 acres in Minneapolis, Minnesota.  The project features a capital stack totaling approximately $62MM including several sources.

About Certus Financial, LLC: At Certus, we navigate clients’ challenging business environments to successful resolution. We develop plans to fix underperforming assets, and we implement those plans, seeing them all the way through. Whether turning around a failing business, leading the development of a complimentary asset to expand or bolster a business for acquisition or long-term success, restructuring debt to minimize loss, or executing a campaign to sell an asset, Certus is a creative and committed advisor and an advocate willing to do what it takes to help our clients achieve the best possible outcome.

St. Andrew’s at Francis Place and Summerville

Certus named financial advisor to indenture trustee of a senior living community, including an active adult community and skilled nursing facility in Missouri.

Certus Financial, LLC, at the request of the Indenture Trustee, has been engaged since Q4 2024 as advisor on a 200-unit active adult and skilled nursing senior care campus located in Eureka, Missouri with approximately $37MM of tax-exempt bonds.

About Certus Financial, LLC: At Certus, we navigate clients’ challenging business environments to successful resolution. We develop plans to fix underperforming assets, and we implement those plans, seeing them all the way through. Whether turning around a failing business, leading the development of a complimentary asset to expand or bolster a business for acquisition or long-term success, restructuring debt to minimize loss, or executing a campaign to sell an asset, Certus is a creative and committed advisor and an advocate willing to do what it takes to help our clients achieve the best possible outcome.

Certus Awarded TMA Turnaround of the Year 2024

Once again, Certus has been awarded the “Turnaround of the Year” by the Minnesota Chapter of the Turnaround Management Association (TMA). Certus received the award for the successful conclusion of the receivership of Cambia Hills of East Bethel, a Psychiatric Residential Treatment Facility for youth located in East Bethel, Minnesota.

Highlights include:

  • Cost Containment Measures: Certus implemented value-engineered cost containment measures to ensure preservation of the facility.
  • National Marketing Search Program: A national marketing effort was conducted to facilitate the sale of the property, attracting qualified buyers from across the country.
  • Restoration of Licensure: The primary goal of Certus was to restore the facility under its prior licensure with a qualified operator, ensuring the continuation of vital services for youth in need.
  • Customized Adolescent Behavioral Health Facility: The facility is designed for highly functional, specialized residential care dedicated to adolescent behavioral health, providing tailored care to meet the unique needs of young individuals.
  • National-Level Operators: The facility has been sold to an operator with a national presence who also carries a deep understanding of local logistics, ensuring seamless operations and community engagement.
  • State-of-the-Art Building Systems: Throughout the receivership, Certus maintained the state-of-the-art mechanical and building systems to preserve the facility’s operational efficiency and safety.
  • Collaboration with Local Authorities: Certus established a strong and productive working relationship with city, county, and state representatives to provide the necessary structure to support ongoing operations of the program

Please click here to visit the Minnesota Chapter of the TMA and read about the award.

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  • 601 Carlson Parkway
    Suite 1140
    Minnetonka, MN 55305
  • 612-333-9000