US Census Bureau: Des Moines Fastest Growing Metro in Midwest, Sioux Falls 3rd

US Census Bureau LogoThe US Census Bureau recently released its latest population estimates and Ernst Capital Group’s focus markets are featured prominently.

The Des Moines MSA was the fastest growing Metro area in the Midwest from 2015-2016, with 2.0% growth in that year, adding 12,145 residents to the MSA population of 634,725.

The Sioux Falls MSA was the 3rd fastest growing in the same time period, adding 3,840 residents to the now 255,729 population MSA, representing 1.5% growth.

Ernst Capital’s focus is to connect investors with quality local real estate. By focusing our efforts in Sioux Falls, SD and Des Moines, IA, the Census Bureau shows that we’re focusing on some of the best growth areas in the Midwest. We’re proud of our communities, and we’re happy that more and more people continue to call these communities home.

Read more here from the Des Moines Register, and see the full national data set here.

WSJ: Sioux Falls Fastest Growing Metro in Midwest since 1990

We’re proud to call Sioux Falls home, as the city is home for our company as well as many of our investment holdings.

The Wall Street Journal also took note of Sioux Falls’ growth, with a story today that features our city’s trajectory as the fastest growing metro area in the Midwest of over 50,000 residents.

Writer Shibani Mahtani goes back into our history of economic development, noting the trajectory changes in financial services starting in the 1980s and the health-care explosion that has occurred over the past 20 years with advances by Sanford and Avera Health.  The employment and services that have followed these employers has fostered Sioux Falls 63% population growth since 1990, as noted in the Bureau of Economic Analysis data the WSJ cites.

We’re pretty excited about Sioux Falls and its’ future, we’re happy that the Wall Street Journal is also taking notice.

Read more here.

SiouxFalls.Business features The Commons

Jodi Schwan, the longtime business journalist and former city Chief of Staff has started a new venture and business news source: SiouxFalls.Business. This week, the SiouxFalls.Business website featured The Commons as a new approach to multi-family living in Sioux Falls. The Commons, along with 5Fifty5, are apartment communities owned by the Signature Real Estate Income Fund, LLC.

The article discusses the multiple options for prospective residents that can be found at The Commons. Within the one community, residents can choose from The Flats, consisting of two-story townhome apartments with private entrances, as well as three and four-story apartments and townhomes with attached garages. This will allow The Commons to attract residents looking for different options and amenities all within one cohesive community.  Click here for more information on leasing one of the new units at The Commons, set to open this summer.

Or, you can read more about The Commons from Jodi at her new site, SiouxFalls.Business.

Lloyd Property Management named Top Property Management Firm

Lloyd Property Management Team Receiving Best Management Firm Award

Photo: SD Multi Housing Assn

Congratulations to Lloyd Companies, our partners in Property Management and Development, as Lloyd Property Management was named the Top Property Management Firm at the SD Multi-Housing Association‘s annual Walk of Stars event held on December 6 in downtown Sioux Falls.

Lloyd Companies was founded in 1972 and is a full-service
property management, real estate, construction, and development company. Lloyd manages over 4,500 units of multi-family housing, including more than 2,500 units in projects syndicated by Ernst Capital Group.

Meta Financial Group Announces $42MM Acquisition

BroadBandPartMeta Financial Group announced today that they are acquiring EPS Financial, LLC, a Pennsylvania-based company for $42 million. EPS is a leader provider of tax-related financial transaction services. With the addition of EPS, Meta has now added the 2nd and 3rd largest such companies in the industry.

We are proud that Meta has chosen The Edges in Sioux Falls, SD as its future campus.  Both the Broadband Partners and TC Partners properties are home to divisions of Meta Financial Group.

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