Wisconsin Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/wisconsin/ Commercial Real Estate from Coast to Coast Fri, 16 Oct 2026 13:30:34 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Wisconsin Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/wisconsin/ 32 32 Berkadia Arranges Sale of 458-Unit Multifamily Property in Mount Pleasant, Wisconsin https://rebusinessonline.com/berkadia-arranges-sale-of-458-unit-multifamily-property-in-mount-pleasant-wisconsin/ Fri, 16 Oct 2026 13:30:33 +0000 https://rebusinessonline.com/?p=470717 MOUNT PLEASANT, WIS. — Berkadia has arranged the sale of Tivoli Green, a 458-unit multifamily property in Mount Pleasant. Pete Evans and Richard Evans of Berkadia represented the seller, Wangard Partners Inc. The buyer was Illinois-based Santefort Real Estate Group LLC. Wangard has been retained to provide third-party management services for the community. Chris Blechschmidt and Emily Stang of Berkadia arranged acquisition financing through Freddie Mac. Tivoli Green was delivered in three phases from 2021 to 2024. The 22-building property is situated on 38 acres and features two-story townhomes.

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]]> Berkadia Arranges Sale of 228-Unit Multifamily Property Near Madison, Wisconsin https://rebusinessonline.com/berkadia-arranges-sale-of-228-unit-multifamily-property-near-madison-wisconsin/ Wed, 14 Oct 2026 12:56:09 +0000 https://rebusinessonline.com/?p=469315 SUN PRAIRIE, WIS. — Berkadia has arranged the sale of Aster at Sun Prairie, a 228-unit multifamily property formerly known as Springs at Sun Prairie. Pete Evans and Richard Evans of Berkadia represented the seller, Menomonee Falls, Wis.-based Continental Properties. The buyer was Kirkland, Wash.-based Weidner Apartment Homes. Built in 2018, the property comprises 12 buildings and a clubhouse with a pool and fitness center.

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]]> CBRE Arranges Sale of Development Site for 96-Unit Multifamily Project in Waterloo, Wisconsin https://rebusinessonline.com/cbre-arranges-sale-of-development-site-for-96-unit-multifamily-project-in-waterloo-wisconsin/ Mon, 12 Oct 2026 14:48:18 +0000 https://rebusinessonline.com/?p=467869 WATERLOO, WIS. — CBRE has arranged the sale of a 10.7-acre parcel in Waterloo that will be developed into Drumlin Fields Apartments, a 96-unit, garden-style apartment community. Drumlin Fields Waterloo LLC, an affiliate of Brew City Capital Group, purchased the property from Rolling Meadows Apartments LLC for $1.1 million. Waterloo is located approximately 25 miles northeast of Madison, Wis. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented the seller in the transaction. Noah Jacobson, managing principal of Brew City Capital Group, a multifamily development and investment firm based in Brookfield, Wis., says the firm is partnering with Duffek Construction, KCB Architecture & Design, and engineering firm Kapur & Associates to bring the $23.5 million Drumlin Fields Apartments to life. Unit and community amenities at Drumlin Fields Apartments will include private entrances, attached garages, in-unit washers and dryers, high-end finishes and fixtures, forced air heating and cooling, private patios or balconies, a playground, courtyards and green space. Construction is scheduled to begin Oct. 14, with completion anticipated by April 2028. 

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]]> Pre-Leasing Begins at M&R Development’s 478-Unit Luxury Apartment Community Near Milwaukee https://rebusinessonline.com/pre-leasing-begins-at-mr-developments-478-unit-luxury-apartment-community-near-milwaukee/ Fri, 09 Oct 2026 14:50:06 +0000 https://rebusinessonline.com/?p=467774 ST. FRANCIS, WIS. — Pre-leasing has begun at The Bluffs on Lake, M&R Development’s new 478-unit luxury apartment community located on a bluff overlooking Lake Michigan in St. Francis, Wis., approximately five miles south of downtown Milwaukee. M&R is co-developing the Class A rental project with Campbell Capital Group LLC. Situated on a 21-acre site at 3700 S. Lake Drive, The Bluffs on Lake is a two-phase project. Upon completion, the development will comprise two buildings spanning four and five stories, along with one level of underground parking and 8,000 square feet of ground-floor retail space, some of which is earmarked for a restaurant with outdoor seating.  Move-ins for the 278 apartments in the first phase of The Bluffs on Lake are expected to begin in early December. Construction on the second phase, which will offer 200 units, is expected to begin in early 2027. Residences at The Bluffs on Lake range from convertible one-bath apartments to three-bedroom, two-bath floor plans. Units will feature 602 square feet to 1,274 square feet, with monthly rents varying from $1,674 to $3,932. RMK Management Corp. is overseeing leasing and property management for the community. The Bluffs on Lake will offer some distinct amenities that M&R is introducing for the…

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]]> Galway Cos. Underway on 357-Unit Luxury Apartment Complex in Monona, Wisconsin https://rebusinessonline.com/galway-cos-underway-on-357-unit-luxury-apartment-complex-in-monona-wisconsin/ Mon, 05 Oct 2026 13:03:00 +0000 https://rebusinessonline.com/?p=467153 MONONA, WIS. — Galway Cos. is under construction on The Greenline, a 357-unit luxury apartment community with 16,000 square feet of ground-floor commercial space in Monona, a suburb of Madison. The broader vision for the development includes a central park with a gathering place for farmers’ markets, food trucks, outdoor concerts, movie nights and community events. The city and the Monona Community Development Authority are partnering on the project. The project team includes McGann Construction Inc., Stevens Construction Corp., RG Huston, JLA Architects, Vierbicher and Dave Jones. Financing partners include Old National Bank, Johnson Financial Group and Bank CMG.

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]]> Darwin Investment Group Receives $130M Refinancing for Industrial Portfolio in Chicago, Southeast Wisconsin https://rebusinessonline.com/darwin-investment-group-receives-130m-refinancing-for-industrial-portfolio-in-chicago-southeast-wisconsin/ Tue, 29 Sep 2026 13:29:04 +0000 https://rebusinessonline.com/?p=466880 CHICAGO — Darwin Investment Group has received a $130 million refinancing for a 39-building industrial portfolio totaling more than 2 million square feet across the greater Chicago area and Southeast Wisconsin. A dedicated middle market real estate team within Wells Fargo Commercial Banking provided the financing. In conjunction with the refinancing, Darwin Investment Group principals George Cibula and Matthew Lewandowski acquired the 49 percent ownership interest held by their partners, bringing Cibula and Lewandowski’s ownership of the portfolio to 100 percent. The 39 properties are home to more than 225 tenants. Lewandowski, Erin Cibula and Patricia Liston facilitated the refinancing and ownership consolidation on behalf of Darwin. Paul Mokhatas, Anu Agarwal and Paul Crusen led the Wells Fargo team.

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]]> CBRE Negotiates $60M Sale of Milwaukee Multifamily Portfolio https://rebusinessonline.com/cbre-negotiates-60m-sale-of-milwaukee-multifamily-portfolio/ Wed, 23 Sep 2026 13:44:06 +0000 https://rebusinessonline.com/?p=466500 MILWAUKEE — CBRE has arranged the sale of St. James Place and Arbor Ridge Apartments, a 374-unit multifamily portfolio in Milwaukee, for $60 million. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented the seller, Weidner Apartment Homes. Jim Flinn of CBRE arranged financing on behalf of the undisclosed buyer. Both properties are located in the city’s Calumet Farms neighborhood. St. James Place consists of 236 units ranging from 675 to 1,060 square feet. Arbor Ridge features 138 units ranging from 788 to 1,125 square feet.

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]]> Avison Young Negotiates Sale of 200,696 SF Food Production Facility in Southeast Wisconsin https://rebusinessonline.com/avison-young-negotiates-sale-of-200696-sf-food-production-facility-in-southeast-wisconsin/ Mon, 14 Sep 2026 14:06:13 +0000 https://rebusinessonline.com/?p=465813 PLEASANT PRAIRIE, WIS. — Avison Young has brokered the sale of a 200,696-square-foot food production facility located within LakeView Corporate Park in Pleasant Prairie. Royal Oak Realty Trust, a New York-based real estate investment trust, acquired the property. Erik Foster and Mike Wilson of Avison Young represented the seller, EQT Real Estate. Constructed in 2017, the facility is fully leased to a national bakery products supplier.

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]]> Starwood Capital, Trinitas to Develop Three Student Housing Communities Totaling 2,046 Beds https://rebusinessonline.com/starwood-capital-trinitas-to-develop-three-student-housing-communities-totaling-2046-beds/ Fri, 11 Sep 2026 13:47:48 +0000 https://rebusinessonline.com/?p=465716 CARMEL, IND. AND MIAMI BEACH, FLA.— Starwood Capital Group and Trinitas Ventures have formed a joint venture to develop three student housing communities totaling 2,046 beds. Projects include Atmosphere Pittsburgh, a 672-bed development located at 217 Halket St. near Carnegie Mellon University in the city’s Oakland neighborhood; Atmosphere Norman, a 677-bed project located at 310 East Boyd St. near the University of Oklahoma in Norman; and Atmosphere on Mifflin, a 697-bed development located at 619 West Mifflin St. near the University of Wisconsin-Madison campus. All three communities are scheduled for completion in summer 2028. Ryan Lang led Newmark’s student housing team in arranging the joint venture. Trinitas Ventures is headquartered in Carmel, and Starwood Capital Group is headquartered in Miami Beach.

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]]> Greysteel Arranges $18.1M Sale of Multifamily Community in Metro Milwaukee https://rebusinessonline.com/greysteel-arranges-18-1m-sale-of-multifamily-community-in-metro-milwaukee/ Fri, 04 Sep 2026 13:28:21 +0000 https://rebusinessonline.com/?p=465354 CUDAHY, WIS. — Greysteel has arranged the $18.1 million sale of Cudahy Commons, a 142-unit multifamily property at 2810 E. Edgerton Ave. in the Milwaukee suburb of Cudahy. BJ Connolly, Doug Banerjee and Ryan Carter of Greysteel represented the seller, a private investor. Peak Capital acquired the asset. According to Greysteel’s newly released “Mid-Year 2026 Investor Sentiment Pulse Check,” 84 percent of respondents plan to increase their Midwest multifamily exposure over the next 12 to 18 months.

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]]> Hunter Advisors Negotiates Sale of 196-Room Renaissance Milwaukee West Hotel https://rebusinessonline.com/hunter-advisors-negotiates-sale-of-196-room-renaissance-milwaukee-west-hotel/ Thu, 03 Sep 2026 13:30:59 +0000 https://rebusinessonline.com/?p=465219 WAUWATOSA, WIS. — Hunter Advisors has negotiated the sale of the Renaissance Milwaukee West Hotel, a 196-room property in Wauwatosa, about 10 miles west of downtown Milwaukee. Spencer Davidson of Hunter brokered the transaction. Chicago-based Witness Investment was the buyer. Built in 2020 and located at 2300 N. Mayfair Road, the 12-story hotel sits adjacent to Mayfair Mall. The property features 9,864 square feet of flexible meeting and event space, the ELDR+RIME Restaurant, the Silhouette Lobby Lounge and a 12th-floor fitness center.

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]]> McShane to Build 52-Unit Affordable Housing Community in Portage, Wisconsin https://rebusinessonline.com/mcshane-to-build-52-unit-affordable-housing-community-in-portage-wisconsin/ Tue, 01 Sep 2026 13:22:22 +0000 https://rebusinessonline.com/?p=464980 PORTAGE, WIS. — Impact Seven, in partnership with Harmony Housing Partners, has selected McShane Construction Co. to build River Crossing, a 52-unit affordable housing community in Portage. Positioned on a 2-acre site at 2941 Hunters Trail, the development will consist of a podium-style building atop a one-level underground parking garage with 52 spaces. A portion of the units will accommodate adults with disabilities. Residents will have access to 13,000 square feet of amenities, including a community room, quiet lounge, media room, pet spa, fitness center and storage lockers. Completion is slated for October 2027. Continuum Architects + Planners is the architect, and General Engineering Co. is the civil engineer.

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]]> Northmarq Brokers $31M Sale of Multifamily Property in Sheboygan, Wisconsin https://rebusinessonline.com/northmarq-brokers-31m-sale-of-multifamily-property-in-sheboygan-wisconsin/ Mon, 31 Aug 2026 14:23:15 +0000 https://rebusinessonline.com/?p=464903 SHEBOYGAN, WIS. — Northmarq has brokered the $31 million sale of Harbor Estates, a 186-unit multifamily property in Sheboygan, which is north of Milwaukee. Alex Malzone, Jake Lamb, Parker Stewart and Dominic Martinez of Northmarq represented the seller, a partnership between Harmoniq Residential and Midloch Investment Partners. Built in 2002, Harbor Estates offers a mix of one-, two- and three-bedroom units. Amenities include a clubhouse, fitness center, putting green, underground parking and a pool.

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]]> CBRE Negotiates $3.9M Sale of Riverwood Apartments in Mauston, Wisconsin https://rebusinessonline.com/cbre-negotiates-3-9m-sale-of-riverwood-apartments-in-mauston-wisconsin/ Fri, 14 Aug 2026 13:19:58 +0000 https://rebusinessonline.com/?p=463538 MAUSTON, WIS. — CBRE has negotiated the $3.9 million sale of Riverwood Apartments in Mauston, about 70 miles northwest of Madison. The 32-unit multifamily community was fully leased at the time of sale. The property consists of four buildings on 3.2 acres along the Lemonweir River. Built in 1994, Riverwood Apartments offers units ranging from 575 to 1,000 square feet. CBRE’s Sean Beuche, Max Colby, Matson Holbrook and Gretchen Richards represented the seller, Riverwood Apartments LLC. The buyer was Tripp & Associates.

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]]> Quantum Brokers Sale of 67,000 SF Retail Portfolio Across Three Midwest States https://rebusinessonline.com/quantum-brokers-sale-of-67000-sf-retail-portfolio-across-three-midwest-states/ Thu, 06 Aug 2026 13:10:28 +0000 https://rebusinessonline.com/?p=462872 ILLINOIS, OHIO AND WISCONSIN — Quantum Real Estate Advisors Inc. has brokered the sale of a five-property retail portfolio totaling roughly 67,000 square feet. The centers are located in Aurora, Illinois; Milford and South Lebanon, Ohio; and Appleton and Kenosha, Wis. Dan Waszak and Brett Berlin of Quantum represented the seller, a private syndicator based on the East Coast. The buyer was a global real estate investment manager focused on acquiring niche property types, including essential service retail.

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]]> Irgens Breaks Ground on 204-Unit Viridia Apartments in Wauwatosa, Wisconsin https://rebusinessonline.com/irgens-breaks-ground-on-204-unit-viridia-apartments-in-wauwatosa-wisconsin/ Mon, 03 Aug 2026 13:38:23 +0000 https://rebusinessonline.com/?p=462513 WAUWATOSA, WIS. — Irgens has broken ground on Viridia Apartments, the company’s first multifamily development, at 10600 W. Wisconsin Ave. in Wauwatosa. The four-story, 204-unit market-rate community will serve as the final component of a larger, 14-acre mixed-use redevelopment by Irgens in the Milwaukee County Research Park. The name Viridia is derived from the Latin word “viridis,” symbolizing nature, growth, renewal and vitality. The property will include a mix of studio, one-, two- and three-bedroom units. Planned amenities include a pool, underground heated parking, a clubroom, fitness center, yoga studio, coworking spaces, a pet run and adjacency to walking trails and a public park. Initial occupancy is slated for November 2027. Irgen’s mixed-use development began with the acquisition, redevelopment and repurposing of a former United Healthcare office building in Milwaukee County Research Park. Additional development on the site includes the revitalized office building, a fully leased retail building and a medical office building. When complete, the development is expected to be valued at more than $100 million. Viridia Apartments is financed with lending from Fifth Third Bank, tax-increment financing from the City of Wauwatosa and equity funding from private investors. The project team includes EUA as architect, Greenfire as general…

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]]> Marcus & Millichap Brokers $15M Sale of Multifamily Property in Schofield, Wisconsin https://rebusinessonline.com/marcus-millichap-brokers-15m-sale-of-multifamily-property-in-schofield-wisconsin/ Mon, 03 Aug 2026 13:37:38 +0000 https://rebusinessonline.com/?p=462510 SCHOFIELD, WIS. — Marcus & Millichap has brokered the $15 million sale of Schofield Mill Apartments, an 84-unit multifamily property in Schofield within central Wisconsin. The property is situated on 1.5 acres along the Eau Claire River. Built in 2022, the community features a mix of one-, two- and three-bedroom floor plans across roughly 100,000 rentable square feet. Dan Bowar of Marcus & Millichap represented the seller, Schofield Mill Apartments LLC, and procured the buyer, a Wisconsin-based investor.

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]]> MMCC Arranges $16.5M in Construction Financing for Green Bay Multifamily Project https://rebusinessonline.com/mmcc-arranges-16-5m-in-construction-financing-for-green-bay-multifamily-project/ Thu, 30 Jul 2026 12:47:03 +0000 https://rebusinessonline.com/?p=462289 GREEN BAY, WIS. — Marcus & Millichap Capital Corp. (MMCC) has arranged $16.5 million in construction financing for Common Place Phase II, a 91-unit multifamily property with a first-floor retail unit located within walking distance of Lambeau Stadium at 670 Mike McCarthy Way in Green Bay. Robert Bhat of MMCC secured the financing through a local bank. The loan features an 80 percent loan-to-cost ratio, five-year term and 6.25 percent interest rate. Construction commenced in June. Plans call for a mix of studios, one-bedroom units and two-bedroom units designed to complement the adjacent Phase I development.

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]]> McShane to Build 93-Unit Affordable Housing Community in Madison, Wisconsin https://rebusinessonline.com/mcshane-to-build-93-unit-affordable-housing-community-in-madison-wisconsin/ Tue, 21 Jul 2026 12:50:17 +0000 https://rebusinessonline.com/?p=461550 MADISON, WIS. — Lincoln Avenue Communities has selected McShane Construction Co. to build Timberline Terrace, a 93-unit affordable housing community in Madison. The podium-style building will feature five wood-framed stories atop a below-grade precast garage. Timberline Terrace will offer one-, two- and three-bedroom units with one to two bathrooms. Amenities will include a 4,000-square-foot plaza with a playground and grill stations, as well as a playroom, community room, lounge, community service space and fitness area. The development is designed to achieve Wisconsin Green Built Homes Gold Zero certification and will incorporate a solar array on the roof, high-efficiency heat pumps and upgraded performance windows. Completion is slated for fall 2027. Knothe & Bruce Architects is the architect, and The Sigma Group is the civil engineer.

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]]> Marcus & Millichap Brokers $15M Sale of Multifamily Property in Wausau, Wisconsin https://rebusinessonline.com/marcus-millichap-brokers-15m-sale-of-multifamily-property-in-wausau-wisconsin/ Tue, 21 Jul 2026 12:49:31 +0000 https://rebusinessonline.com/?p=461547 WAUSAU, WIS. — Marcus & Millichap has brokered the $15 million sale of The Apartments at Riverlife, a 75-unit multifamily property in central Wisconsin’s Wausau. Dan Bowar of Marcus & Millichap represented the seller, Riverlife Wausau LLC, and procured the buyer, a Wisconsin-based investor. Built in 2020, the property features a mix of one-, two- and three-bedroom units across 72,177 rentable square feet. The asset overlooks the Wisconsin River.

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