Kraus-Anderson Realty names Kirsten Walstien Director of Investment Management
June 17, 2021
MINNEAPOLIS, Minn. (June 2021) – Kraus-Anderson Realty today announced it has named Kirsten Walstien as director of investment management. Since 2018, she has served as manager of finance and business development for Kraus-Anderson Financial Services Group, where she analyzed and implemented the firm’s real estate investments, financing options and development opportunities.
In her new role, Walstien will provide oversight and financial analytics for KA Realty’s real estate portfolio and property level performance. She also will also lead business and analytical strategies within KA Realty and KA Development and will provide oversight of third-party management of Kraus-Anderson’s residential properties.
“Kirsten’s knowledge in real estate investment and financing will continue to add depth to our company’s growing portfolio and accelerated activity,” said Peter Diessner, president of KA Realty & Development. “We are thrilled to leverage her experience in this new position.”
KA Realty has more than 650,000 square feet of new housing and mixed-use development currently under construction, including The Larking and University & Raymond projects, as well as new tenants and master planning at key KA shopping center properties. In addition, numerous new opportunities in all property categories are emerging as COVID subsides.
Walstien joined KA in 2018 as manager of finance and business development for KA Financial Services Group, where she analyzed and implemented KA’s real estate investments, financing options and development opportunities. She also served as strategic planning liaison with KA Development. Prior to KA, Kirsten was a senior planner for Home and Soft Decor at Target, leading the company’s enterprise-level demand forecast and financial planning.
Walstien graduated from St. Olaf College.
About KA Realty and KA Development
Kraus-Anderson Development Company and Kraus-Anderson Realty Company are part of the Minneapolis-based Kraus-Anderson family of operations, including integrated construction management, real estate management and development, insurance and financial services. KA Development is a comprehensive real estate services provider with expertise in site selection, master planning, land and building acquisition, financing, facilitation of municipal processes and entitlements, portfolio and property management and leasing. KA Realty leases and manages in excess of 5 million square feet of commercial property, including office, industrial and retail shopping centers; maintaining an occupancy level of more than 90 percent.