Turnstone Group is a highly-disciplined, value-driven real estate investment firm founded by Chip Johnson in Minneapolis, MN. They specialize in acquiring and repositioning apartment buildings, condominiums, and single-family homes, as well as developing luxury apartment buildings and extended stay hotels. With a track record of successful projects and a diverse portfolio of assets, Turnstone Group is known for their strategic approach and ability to generate strong returns on invested equity. Over the years, Turnstone Group has demonstrated their expertise in navigating complex transactions, such as deed-in-lieu transactions and acquiring distressed assets. They have successfully negotiated settlements with lenders and junior lien holders, removed affordability covenants, and stabilized operations to drive occupancy. With a focus on value-add opportunities, Turnstone Group has also ventured into international markets, acquiring distressed condominium buildings in Spain and operating RV resorts in various destination locations across the United States.Generated from the website

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