Kiser Group announced the exclusive listing of a 73-unit mixed-use multifamily portfolio in Milwaukee’s Near West Side.
Kiser brokers Luis Robles, Kyle Sissell, Will Cornish, and Hunter Wern have listed the portfolio, which currently maintains an approximate occupancy of 95%, for $8.4 million. The portfolio includes a mix of apartment buildings, a single-family home, and land parcels that offer future development potential.
“This portfolio is a rare opportunity to acquire scale and diversity in one of Milwaukee’s most transformative neighborhoods,” said Robles. “Each asset provides a unique blend of stability and future upside, especially with the surrounding institutional investment driving long-term growth.”
In addition to their historic charm, many of the buildings—originally built in the early 1900s—feature upgraded mechanicals including individual furnaces and central air systems. “With high occupancy, a prime location, updated mechanicals, and continued economic momentum in the area, this portfolio checks all the boxes for a savvy investor,” added Robles.
The development team behind One Beverly Hills (1BH) said construction on the $10-billion luxury mixed-use project is proceeding ahead of schedule. The Beverly Hilton expansion structure topped out approximately 10 weeks ahead of schedule and one of the residential towers is progressing six weeks ahead. “This was accomplished while significant operations were maintained at The...
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Northwind Group has originated a $231-million first mortgage construction loan for 675 Third Ave., a 32-story, 337,000-square-foot office building in Manhattan’s Midtown East neighborhood that is slated for conversion into residential apartments. The conversion is being led by a joint venture between Nathan Berman’s Metro Loft Management and David Werner Real Estate Investments. Loan proceeds...
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Rental housing affordability declined in 82% of U.S. metropolitan areas between 2014 and 2023, with renters experiencing the equivalent of an average $256 annual reduction in income after accounting for changes in housing quality. That’s according to a new report released Tuesday by the Mortgage Bankers Association’s Research Institute for Housing America. The report, Housing...
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