Tag: Wisconsin
Merchants Capital secures HUD-insured construction loan for development in Mequon, Wisconsin
Mortgage banking firm Merchants Capital has provided a construction loan and permanent financing for Spur 16, a 156-unit, mixed-use development in Mequon, Wisconsin. As the lender,...
Evergreen Real Estate Group completes renovation of affordable senior housing community in Racine, Wis.
Evergreen Real Estate Group, a leader in the development, rehabilitation and management of both affordable and market-rate multifamily housing, today announced it has completed...
Aided by tax credits, adaptive reuse pays off for developers
These adaptive reuse projects are often costlier than new construction and fraught with challenges, but the consensus among developers is that the reward is...
The big take
That is until they learned that zoning changed during their ownership, recategorizing their parcel as wetland, and making it of no market value. Still,...