Wealth Management

Former Johnsonville CEO buys University Club Tower condo from former Bucyrus, REV Group CEO for $2.6 million

Former Johnsonville chief executive officer and board chairman Ralph Stayer purchased a two-bedroom, 4,264-square-foot condo in the University Club Tower building in downtown Milwaukee from a revocable trust connected to former Bucyrus CEO and former REV Group CEO Tim Sullivan for about $2.6 million, according to state records.

More than 60% of Wisconsin bank CEOs expect recession in next six months

More than 60% of Wisconsin bank CEOs say a recession is likely or very likely in the next six months, according to survey results from the Wisconsin Bankers Association.

Oconomowoc Lake home sold for $3.85 million

A 6,785-square-foot, 80-year-old home on Oconomowoc Lake was recently sold for $3.85 million, according to state records and Redfin.com.

Pine Lake home sold for $5.5 million

A 5-bedroom, 5.5-bathroom home on Pine Lake in the Village of Chenequa recently sold for $5.5 million, according to state records.

Wisconsin unemployment rate ticks up as labor force participation grows

Wisconsin’s unemployment rate ticked up slightly in May from 2.8% to 2.9% as the number of people classified as unemployed increased by 600, according to data released by the state Department of Workforce Development.
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Metro Milwaukee export growth ahead of other Midwest metros in Q1

Metro Milwaukee exports topped more than $2 billion in the first quarter of the year, a 15.7% increase from the prior year that outpaced most other major Midwestern Metro areas, according to U.S. Census Bureau data.

Southeastern Wisconsin home sales down 2.1% in May

Home sales were down by 2.1% across the seven-county southeastern Wisconsin region in May, according to report from the Greater Milwaukee Association of Realtors (GMAR).

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