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🔒 Construction begins on long-planned housing project on Milwaukee’s west side

Construction has begun on a long-planned affordable housing project on Milwaukee’s Near West Side. The approximately $18 million development, known as Cornerstone Village, is being led by Cardinal Capital Management Inc. The West Allis-based firm has begun construction on the project following a successful closing on financing earlier this month, according to a company spokesperson.

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Party City to close all locations, including 11 in Wisconsin

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Party City Holdco Inc., the holding company for New Jersey-based party supply store Party City, announced the “wind down” of all its business and locations across the nation, according to a Saturday press release. The decision was made following a bankruptcy announcement in 2023, which alleviated the company of $1 billion in debt, and efforts

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Fiserv to acquire Toronto-based fintech company

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Milwaukee-based Fiserv Inc. announced today that it has reached an agreement to acquire Toronto-based fintech company Payfare Inc. Terms of the transaction were not disclosed. Payfare is a provider of program management solutions focused on new economy workforces. Fiserv is a Fortune 500 company (ranked #215) and an industry leader in payments and financial technology.

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The Fed Said It Wouldn’t Guess: Is it?

Markets dropped after the Fed dropped interest rates 25 basis points. The decision was expected, but some Fed comments indicated that some members might be trying to do something Chairman Powell said they wouldn’t. Annex Wealth Management’s Dave Spano and Brian Jacobsen discuss.

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🔒 Three Leaf closes on financing, land purchase for Wauwatosa project

Three Leaf Partners is ready to break ground on its latest multifamily project, to be located in the Wauwatosa village area. The Milwaukee-based development firm announced Friday that it has closed on the purchase of the property at 7474 Harwood Ave. and also closed on its loan for the $47 million project. Three Leaf is

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🔒 Brady Corp. plans expansion of Milwaukee HQ facility, to add jobs in 2026

Brady Corp., a global manufacturer of identification, safety and compliance products, is planning an expansion of its Milwaukee headquarters that will add two new production lines and 60 new jobs. The company plans to expand its facility at 6555 Good Hope Road on the city’s far north side by about 60,000 square feet, according to

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🔒 Muskego-based Inpro building new facility in North Carolina

Muskego-based Inpro Corp., a manufacturer of door and wall protection products, washroom systems, expansion joint systems, privacy systems and architectural signage, is expanding through construction of a new facility in Mint Hill, North Carolina. The new 165,000-square-foot plant will combine operations of Inpro’s privacy systems division and WT Commercial Window Treatments, a North Carolina company

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Longtime Milwaukee nightclub Victor’s to officially close

Victor’s nightclub is closing its doors after nearly six decades in downtown Milwaukee. The business will close Jan. 2, following a 60th anniversary New Year’s Eve celebration that’s set to run from 4 p.m. on Dec. 31 until noon on Jan. 1, according to posts on Facebook. “We’re definitely going to go out with a

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🔒 EPA slaps “serious nonattainment” air pollution zone classification on southeast Wisconsin

The U.S. Environmental Protection Agency is reclassifying southeast Wisconsin as a “serious nonattainment” zone, a move some local business leaders say will hinder future development – and harm current business – in the state. Nonattainment areas do not follow national ambient air quality standards (NAAQS) and have more restrictive permitting requirement. There are five levels

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Public charter school to open in Pewaukee

A new public charter school called Autumn Hill Academy will open in Pewaukee at N25 W23050 Paul Road in the Pewaukee Business Park off of Highway F, according to city documents. The school will be an extension of the University of Wisconsin-Milwaukee’s charter schools. UWM’s review committee approved the school on Sept. 30 of this

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🔒 Continental Properties closes $210 million real estate fund

Jim Schloemer Menomonee Falls-based Continental Properties has closed its ninth private real estate fund, raising a total of $210 million. The money will be invested in the development of suburban apartment communities. Continental Properties expects to use the funding to develop between 14 and 16 properties with a projected aggregate stabilized

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The Manitowoc Company will pay $42.6 million penalty for Clean Air Act violations

Milwaukee-based The Manitowoc Company, a crane manufacturer and provider of other lifting solutions, along with its two subsidiaries, Grove U.S. LLC and Manitowoc Crane Group Germany, will pay a $42.6 million civil penalty for violating the federal Clean Air Act. Specifically, Manitowoc will pay the civil penalty to resolve allegations that the company violated the

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