Property Management
Investment Property Group, Inc.About
Important information
- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:Minnesota Attorney General vs. Investment Property Group
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.
On October 19, 2023, Minnesota Attorney General's Office filed a civil enforcement lawsuit and an emergency motion against Investment Property Group, Inc. (IPG), alleging the landlord started charging thousands of tenants at numerous Minnesota apartment complexes for exorbitant electric and gas and utility fees in the middle of their leases, in violation of several laws. Earlier this year, IPG instituted its illegal utility fees, some as high as $200 a month, at 13 of its complexes in Hennepin County, most of them in Minneapolis. The motion for a temporary injunction asks the court to order IPG to cease eviction actions of 21 tenants at the 13 apartment complexes for not paying the illegal charges and to stop charging all tenants for them.
The lawsuit also seeks to stop IPG from evicting any of its tenants on the basis of non-payment of the unlawful utility fees. In April 2023, IPG filed dozens of unlawful eviction actions against its tenants at Greenway Apartments on the basis of fake and illegal utility fees, which the company dismissed after Attorney General's Office stepped in.
The Attorney General's Office asks that anyone with information about IPG and/or its illegal utility charges, especially tenants, contact their Office.
Business Details
- Local BBB:
- BBB Mountain West
- BBB File Opened:
- 7/20/2021
- Business Started:
- 7/30/2021
- Type of Entity:
- Limited Liability Company (LLC)
- Alternate Names:
- Investment Property Group UT, Inc
- Business Management:
- Ms. Amber Monte, Owner
Additional Contact Information
- Principal Contacts
- Ms. Amber Monte, Owner
- Customer Contacts
- Ms. Amber Monte, Owner
- Additional Websites
- sageaptmgt.com/
Additional Information
- Business Categories
- Property Management
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