Alatus is the largest privately
held parking ramp owner in the state of Minnesota.
“Vision” best describes our primary asset in this multi-faceted area. We see opportunity and apply innovation to create leading edge trends in a variety of markets and environments.
This Alatus division buys, fixes and sells foreclosed homes in the Twin Cities Metropolitan area.
The objective of this Alatus division is to acquire various types of real estate through the purchase of distressed bonds, notes, loans or equity.
Development
In conjunction with Opus Northwest, Bob Lux developed Grant Park and The Carlyle, two large upscale urban condominium developments in downtown Minneapolis with a combined value of over $250 Million and nearly 600 units.