MINNESOTA FINANCIAL DEVELOPMENT CORPORATION was formed in April 1981. The corporation has been involved in numerous real estate development transactions. Currently there are two apartment complexes in Mankato, Minnesota that cater to the college students in the area.

GLENWOOD TERRACE APARTMENTS is a project consisting of three buildings with a total of 69 one and two bedroom apartments. It is located in a quiet setting and a short distance from Minnesota State University Mankato (MSU). The complex has a swimming pool, picnic tables, BBQ grills and much, much more. The property is ideal for upperclassman or graduate students.

HIGHLAND HILLS APARTMENTS is a multi building complex consisting of 771 units in total. The property is located directly across from MSU campus. The residents enjoy the privilege of walking to class from their apartment. The complex has numerous amenities consisting of a swimming pool, sand volleyball court, and tennis courts. It has numerous laundry facilities on site.

Both complexes are taking reservations for fall occupancy. Should you be interested we would be more than happy to give you a tour of the properties

MFMC (Minnesota Financial Management Company) is the sister company of MFDC (Minnesota Financial Development Company). MFMC manages over 900 apartment units throughout Minnesota.

Apartment management can be a very time consuming and stressful endeavor for most people. We’d like to help ease that burden for you. We have a variety of options available for you. We can help you with:

• Evictions
• Apartment Turns
• Cleaning the apartment, repairing any damages, clearing out items left behind by the former residents etc
• Leasing of apartment
• We’ll help you locate a new resident for your apartment. Each applicant will go through a background check which includes past rental references, and a credit check. We help you with the advertising, showing and leasing of the apartment.
• Management of Apartment
• Once your apartment is leased, you can opt to retain our services and we will help you with the day to day operations of apartment management