ARTISAN Management Group announced today the appointment of Darcy Geerdes as President, recognizing her leadership role in guiding the firm’s operations, platform strategy, and growth across its expanding multi-state portfolio. In her new role, Geerdes will lead enterprise operations, technology transformation, and the expansion of third-party management as ARTISAN continues its evolution into an institutional-grade operating platform. The firm is ARTISAN Capital Group's property management vertical and currently manages the majority of ARTISAN Capital’s more than 7,300 apartment homes across Iowa, Illinois, Minnesota, Missouri, Kansas, and Nebraska, with corporate offices in Des Moines and Chicago.

ARTISAN Capital Group (ACG) announces the successful disposition of Johnston Gardens, a 72-unit multifamily community in Johnston, Iowa, completed in December. The property was owned through a joint venture with a private capital partner. Throughout the ownership period, ACG focused on operational improvements and selective capital investments to enhance performance and strengthen the asset’s market position, resulting in a strong returns for the partnership. Our internal management vertical, ARTISAN Management Group, provided professional, hands-on management to drive these results. “Johnston Gardens demonstrates our ability to execute in stable suburban markets through disciplined asset management,” said Ryan Cahalan, Partner at ARTISAN Capital Group. “We are proud of the outcome achieved for our investors.” ---  About ARTISAN Capital Group: ARTISAN Capital Group presently owns and manages affordable, market-rate, and student housing communities across eight states. ACG has grown its portfolio to nearly 7,700 apartment units since the company was formed in 2017 with a current AUM of approximately $1.2B. ACG is headquartered in Chicago, IL, with a regional office in Des Moines, IA, which it shares with its property management vertical ARTISAN Management Group.

ARTISAN Capital Group (“ACG”) is pleased to announce the sale of Eagle Ridge Apartments, a 148-unit apartment community in Lawrence, KS. ACG acquired the community in March 2020 through a joint venture partnership with a closed-end private equity fund investor. Despite acquiring during an uncertain period at the onset of the COVID-19 pandemic, ACG successfully executed the business plan, delivering an excellent investment outcome for the partnership. ACG improved the community through enhancements to the clubhouse and grounds, the addition of a grill area and dog park, and the renovation of over 70 units. “Eagle Ridge demonstrates the value of disciplined investment oversight and thoughtful capital improvements,” said Sean Fogarty, Partner at ARTISAN Capital Group. “We’re proud of how our team executed the business plan, even during such an uncertain time.” --- About ARTISAN Capital Group: ARTISAN Capital Group presently owns and manages affordable, market-rate, and student housing communities across eight states. ACG has grown its portfolio to nearly 7,700 apartment units since the company was formed in 2017 with a current AUM of approximately $1.2B. ACG is headquartered in Chicago, IL, with a regional office in Des Moines, IA, which it shares with its property management vertical ARTISAN Management Group.

ARTISAN Capital Group ("ACG") is pleased to announce the acquisition of Pointe 28 (formerly Tradition Apartments), a 216-unit apartment community in Ankeny, IA. ACG has partnered with MLG Capital on the acquisition and completed the purchase on September 18, 2025, further expanding its presence in the Central Iowa market with now over 3,000 apartment units in the region. Pointe 28 features one, two, and three-bedroom apartment units with full-size washers and dryers, nine-foot ceilings (vaulted ceilings on third-floor units), private patios or balconies, garages, and fireplaces. The community also offers a range of building amenities, including a large clubhouse with community and game rooms, a 24-hour fitness center, heated swimming pool and Jacuzzi, resident business center, and a sports court. As part of its operational plan, ACG plans comprehensive capital improvements designed to provide the best possible resident experience. As noted above, the community is being rebranded to reflect these enhancements, which include upgraded common areas and amenities, systematic unit renovations, and enhanced landscaping. The acquisition also included an adjacent 7.13-acre, shovel-ready development site approved for 144 additional units, creating the potential to expand the property footprint to 360 units and generate further long-term value. ACG secured favorable financing from West Bank to support the acquisition. “We see a clear path to create value through renovations, a rebrand, and operational improvements, as we have successfully executed at other communities,” said Ryan Cahalan, Partner at ARTISAN Capital Group. “ACG is excited to further expand our Des Moines area portfolio, and this acquisition represents another unique value-add opportunity in Ankeny, one of the most dynamic suburbs in the Midwest,” said Sean Fogarty, Partner at ARTISAN Capital Group. ARTISAN Management Group ("AMG"), ACG’s affiliate management company, will oversee operations at Pointe 28, ensuring a smooth transition and the effective execution of ACG’s value-add strategy. --- About ARTISAN Capital Group: ARTISAN Capital Group presently owns and manages affordable, market-rate, and student housing communities across eight states. ACG has grown its portfolio to nearly 7,700 apartment units since the company was formed in 2017 with a current AUM of approximately $1.2B. ACG is headquartered in Chicago, IL, with a regional office in Des Moines, IA, which it shares with its property management vertical ARTISAN Management Group. About MLG: MLG Capital is a private real estate investment company with over 38 years of experience. The firm and associated entities have active, exited, or currently pending investments totaling ±50.9 million square feet of total space across the United States, inclusive of more than 44,200 multi-family units. The firm and associated entities actively owns, or have exited, investments totaling ±$7.9 billion* as of 6/30/2025. * For sold properties, actual sales price is reported. For active and pending investments, the Estimated Current Value is based on the Managing Member's estimate of current value. Recent acquisitions are generally valued at the acquisition price.

With a large share of our portfolio in Iowa, ARTISAN Capital Group (“ACG”) and ARTISAN Management Group (“AMG”) take pride in serving communities across the state. Our corporate teams recently gathered in Des Moines to share updates and strengthen connections, and then celebrated with a trip to the Iowa State Fair. Between catching up outside the office and visiting the iconic Butter Cow, it was a great reminder of why we value both the people and the state of Iowa. ---

ARTISAN Capital Group (“ACG”) has successfully wrapped up a major adaptive-reuse project at Cityville on 9th in Des Moines, Iowa, marking a key milestone in the property's continued evolution and community impact.

ARTISAN Capital Group ("ACG") and Eastham Capital have partnered for the fourth time to acquire Equinox Apartments, a 266-unit community in St. Anthony, Minnesota, a desirable suburb of Minneapolis.

ARTISAN Management Group is honored to partner with the West Des Moines Human Services Adopt-A-Family program to support two deserving families this holiday season.

ARTISAN Capital Group ("ACG") is pleased to announce that Jessica Yip has joined the team as Staff Accountant.

ARTISAN Capital Group ("ACG") is excited to welcome back Brock Junge for his second summer as an intern.

ARTISAN Capital Group ("ACG"), in its third partnership with Eastham Capital, has acquired Cityville on 9th, a premier apartment community located in downtown Des Moines, IA. ACG, the largest apartment owner in the state of Iowa, completed the acquisition in May 2024, further solidifying its position in the Des Moines market with a portfolio of over 2,000 units in the area.

ARTISAN Capital Group ("ACG"), in partnership with Ballast Real Estate Partners and Boulder Venture, has acquired an apartment community in Moline, IL.

ARTISAN Capital Group ("ACG") and Eastham Capital (“Eastham”) have partnered to acquire Wakonda Village in Des Moines, IA.

ARTISAN Capital Group ("ACG") was recently recognized by the City of Ralston officials for its work in the acquisition and turnaround of Wildewood Commons, a 180-unit apartment community ACG purchased in June 2023 in Ralston, Nebraska, a suburb of Omaha.

ARTISAN Capital Group ("ACG"), in partnership with Guardian Capital, has acquired Wildewood Commons (formerly Fireside Village), a 180-unit property located in Ralston, Nebraska within the Omaha metro area.

ARTISAN Capital Group ("ACG") and its partner, a fund managed by DRA Advisors, are pleased to announce the successful acquisition of Georgetown Apartments in Merriam, KS, a premier location within Johnson County.

ARTISAN Capital Group (“ACG”), one of the largest apartment owners in Iowa, and two Wisconsin based sponsors, Ballast Real Estate Partners (“BREP”) and General Capital Group (“GenCap”), are pleased to announce the sale of a 72-unit apartment complex – Hunter’s Run.

ARTISAN Capital Group (“ACG”) and its partner Eastham Capital are pleased to announce its acquisition of Cambridge Court Apartments in West Des Moines, IA.

ARTISAN Capital Group (“ACG”) and Benedict Realty Group have partnered to acquire an apartment community in Cedar Falls, IA in October 2022.

ARTISAN Capital Group (“ACG”) is pleased to announce the sale of The Drake Apartments (113 units) and Chetwynd Place Apartments (23 units), two apartment complexes that are within a block from one another in the Drake neighborhood of Des Moines.

While shuffling calls, meetings, and property visits; the ARTISAN team took time at the end of August to convene at their Des Moines office for companywide meetings.

ARTISAN Capital Group (“ACG”) is excited to announce that our growing team in Des Moines has recently moved into new office space at 1719 Grand Avenue, Suite 100 on the western edge of downtown.