Company Overview

Who We Are

Headquartered in Minneapolis, MN, Founders Properties, L.L.C. (“Founders”) is a privately held real estate investment company formed by two highly regarded industry veterans: Best Buy founder Richard Schulze and Opus founder Gerald Rauenhorst. Richard Schulze and the Trusts created for the benefit of the descendants of Gerald Rauenhorst sponsor the investments. Since 1998, Founders (previously known as Opus Properties, L.L.C.) has been involved in raising and managing 14 private commercial real estate investment funds with a purchase value of over $3.6 billion covering approximately 42 million square feet. Today, Founders currently manages 11 real estate investment funds and separate accounts with an asset value of $1.06 billion covering approximately 10.2 million square feet across 23 diverse markets.

Real Estate Funds and Separate Accounts




Portfolio Diversification

66 institutional-grade properties currently under management consisting of industrial and office projects located throughout the U.S.

Historical Performance

Founders’ historical steady performance has led to a majority of fund investors participating in multiple funds.

In-Depth Knowledge

Founders’ experienced leadership has successfully navigated through multiple economic cycles.

Strategic Partnerships

In addition to investment funds, Founders acquires and manages properties for a variety of separate account relationships.