Lupe Development VP started out as a handyman


Steve Minn, the vice president and chief financial manager of Lupe Development Partners, started his career as a handyman.

"In college, I started working as a handyman for my landlord in his disheveled student portfolio and fell in love with real estate," Minn told Minnesota Business Daily. "While I was in still in school, I was able to buy a vacant, boarded up single-family home near campus from the VA for $100."

Minn said for the next year, "plying pizza and beer," he persuaded his friends to "help him put that small home back in shape."

"Back then, lumber yards would give away odd scraps of lumber and drywall that were not in salable condition, and we used a lot of that material to patch it all together," Minn said. "I sold the property for $40,000 and paid off most of my college loans, and after that, I was hooked."

Minn has been in the real estate business for more than 35 years. Minn has managed the development and construction of more than 1,000 units of housing and more than 2 million square feet of mixed-use, commercial, and industrial property since 2002, according to Lupe Development Partners website.

Minn, as part of Lupe Development Partners, has developed housing complexes for homeless veterans. Lupe builds affordable housing as a large part of its business. Last year, the company announced a plan to build more than 100 affordable housing units in Minneapolis with a $1.2 million grant and a $2.37 million loan from the city.

Minn is a graduate of Syracuse University and Kellogg Graduate School of Management at Northwestern University. He was a member of the Minneapolis City Council from 1994 until 1999. He was also the state commissioner of public service and the state commissioner for commerce for Minnesota for several years.

Minn has been an advocate for the government to pay landlords competitive rents under the Housing Choice Voucher (Section 8) program, according to Twin Cities Pioneer Press.

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