WAYZATA – Jan. 1, 2020 – Inland Development Partners (IDP) announces the promotion of August Bruggeman to Director of Development. Bruggeman has been with the firm for just over a year, working as an Analyst and Investor Relations professional.
Bruggeman is responsible for assisting in project underwriting of IDP’s real estate development opportunities and acquisitions, as well as managing the IDP Investor Experience Platform. In addition to this role, Bruggeman will now look to grow and sustain the IDP business through land and site acquisitions, sales negotiations, and project management.
His in-depth knowledge of agency lending products including Fannie Mae, Freddie Mac and HUD came from his experience as an analyst with Greystone Servicing in Minnetonka and will serve him well in his new role.
“August has proven his passion for business development and has already established relationships that have helped us grow,” says Tom Shaver, IDP Partner. “His strong work ethic, determination, and willingness to tackle any task we give him impressed us. Our job now is to provide him the tools to be successful.”
IDP consists of partners Kent Carlson, Tom Shaver, Steve Schwanke and Bob Cunningham, as well as fellow Director of Development Jack Trautz and Business Operations Manager Jean Giltner, who have more than 190 years of combined development experience.
IDP’s strengths in the industry are land development, asset repositioning, and site redevelopment. Their forte is managing complex agreements involving multiple entities from beginning to end, managing the planning stages, real estate processes, site and environmental challenges, financial solutions, and partnering with city and state stakeholders.
For more information about IDP, please visit inlanddp.com.