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Alerus Financial

Alerus Financial

Lender

Member since November 2023

Website
Website

$254M

Volume

$34M

Sold

$220M

Financed

3

Closed

177K sf

Area

About

With roots tracing back to 1879, Alerus is a diversified financial services company. We provide business and consumer banking products and services, residential mortgage financing, employer-sponsored retirement plans and benefits administration, and wealth management services to clients across the U.S. Alerus Financial banking and wealth management offices are located in Grand Forks and Fargo, ND, the Minneapolis-St. Paul, MN metropolitan area and Scottsdale and Mesa, AZ. Alerus Retirement and Benefits plan administration offices are located in St. Paul, MN, East Lansing, MI, and Littleton, CO. We focus on helping clients achieve financial wellness by pairing technological tools with personalized guidance. Our fundamental beliefs are: Do the right thing; cherish people; empower with knowledge; respect everyone; serve with passion; embrace change.

Top Deals

FINANCED
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Leon Capital Group Secures $134 Million Construction Loan For Multifamily Development Projects
Texas | Development Site
12/16/2024
SOLD
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Iowa | Hospital | PPSF: $193
07/25/2025

Focus

Hospital

Loan


Markets


On the web

Website

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FAQs

Alerus Financial has financed 3 deals.

Alerus Financial's most recent deal was on July 25, 2025.

Alerus Financial's largest deals include a sale of $34,100,000.00 for 2769 Heartland Drive, and a loan of $134,000,000.00 .

Member since: November 2023

Deals

SOLD

Davis Healthcare Real Estate Acquires Hospital Portfolio For $34.1M With Financing From Alerus And American National

$193/SF

2769 Heartland Drive, Coralville, IA

IACRE
Jul 25, 2025
FINANCED

Leon Capital Group Secures $134 Million Construction Loan For Multifamily Development Projects

CRE
Dec 16, 2024
FINANCED

Toll Brothers Inc & Willton Investment Management Secure $86M Construction Loan For Phoenix Multifamily

24255 North 19th Avenue, Phoenix, AZ

AZCRE
Nov 9, 2023