Alex Zank
🔒 Downtown Milwaukee hotel market performance waned in August
Hotels in the downtown Milwaukee area finished the summer months with a whimper as the COVID-19 pandemic took away a massive chunk of business during what is normally the market's busiest season.
Pine Lake home sold for nearly $3.8 million
A home on Pine Lake in the village of Chenequa was sold for $3.79 million, according to state records.
🔒 River Hills envisions single-family condo development at controversial site once...
River Hills officials have crafted a plan to develop 53.4 acres into single-family condominium homes, an effort the village could put $9.63 million toward through tax incremental financing.
🔒 Brookfield senior apartment complex sold for $7.1 million
The Capitol Hill Senior Apartments in Brookfield have been sold to an Indianapolis investor for $7.1 million, according to state records.
🔒 Bucks unveil plans for hotel near Fiserv Forum
The Miami Heat may have thrown cold water on the Milwaukee Bucks' 2020 season, knocking the Bucks out of the playoffs last night, but development of the Deer District around Fiserv Forum remains hot.
🔒 BMO Tower tenants operating in new digs with reduced employee...
The anchor tenants of the new BMO Tower office building in downtown Milwaukee are using their space with reduced employee counts as the COVID-19 pandemic continues.
🔒 Wells Building in downtown Milwaukee sold for $7.25 million
The Wells Building in downtown Milwaukee has been sold to a New Jersey firm for $7.25 million, according to state records.
🔒 Fein Bros. to move showroom to new location on King...
Milwaukee-based foodservice equipment and supply dealer Fein Bros. is moving its showroom on King Drive two doors down, from 2007 N. Martin Luther King Jr. Drive to 2025 N. Martin Luther King Jr. Drive.
🔒 Luther Group acquires four New Berlin industrial buildings for $16...
Elm Grove-based real estate firm Luther Group LLC has acquired four light industrial and flex buildings in New Berlin for a total of $16 million.
Couture developer reapplies for HUD loan guarantee
The developer behind The Couture has reapplied for a loan guarantee from the U.S. Department of Housing and Urban Development, marking another small milestone in the process to develop the long-awaited $122 million, 44-story luxury residential tower near the downtown Milwaukee lakefront.
🔒 Thiensville could support Hawthorne Square mixed-use project with $9.9 million...
The village of Thiensville could spend $9.9 million to assist with the development of a $24 million mixed-use project known as Hawthorne Square southeast of Freistadt Road and Main Street.
Construction begins on Ascent in Milwaukee
Construction has commenced on Ascent, a 25-story apartment building that will be built in downtown Milwaukee and, once completed, will be the tallest mass timber tower in the world.