The Stencil Group, led by CEO and owner Nathan Stencil, made two real estate purchases in December as a step to building more apartment complexes in Rochester.
Stewartville Flats LLC bought Flats 55 at 1501 11th Ave. NW in Stewartville on Dec. 31. The Eau Claire, Wis.-based firm, led by Matt Onofrio, made a downpayment of $1.88 million as part of the transaction.