BUILDING COMMUNITIES, DELIVERING RETURNS Rebound Partners is currently controlling three properties in New Ulm. In April of 2025 Rebound Partners acquired Garden Terrace Apartments, an existing 88-unit market rate apartment complex. Rebound is also in the process of developing additional multifamily housing on the same site, which will serve as a 55+ living community. Rebound Partners has partnered with local entrepreneur and restaurateur Topher Jacobson on The Franklin in downtown New Ulm. Located in the old Ben Franklin Store, The Franklin is paying homage to its roots by creating three distinct venues under one roof. The Franklin Ballroom offers a place to host large-scale gatherings, weddings, corporate events, or shows with crowds ranging from 150 to 300 people. Benny’s provides New Ulm with a casual bar and pizza restaurant. Finally, Frankie’s, located on the second floor, is a private event space that offers catering for small functions. Frankie’s has the capacity to host 40 people for seated dining with a rooftop space overlooking beautiful downtown New Ulm. Jacobson says that the segmentation of the property into three distinct venues will better serve the community as a sustainable and dynamic destination for years to come. Book today at www.nufranklin.com BUILDING COMMUNITIES, DELIVERING RETURNS. Leveraging industry expertise to help small communities grow by identifying, financing, and completing real estate projects with local partners. Learn more at reboundpartners.com NEW ULM, MN
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