Avalon
Avalon, WI · Real Estate
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Daily Reporter
108 apartments in Madison sold for nearly $30 million
Two Madison apartment buildings totaling 108 units have been sold to a Chicago-based real estate investment firm. The Tradition at Smoky’s Club, a 59-unit property at 3007 University Ave., and The Whitney Reserve, a 49-unit property at 5201 Old Middleton Rd., were sold to Chicago-based Back Nine Apartment Investors for a combined total of $29.95 million, according to commercial real estate firm CBRE.
connectcre.com
CBRE Arranges $30M Sale of Multifamily Portfolio in Madison
CBRE has arranged the sale of a two-property multifamily portfolio totaling 108 units in Madison. Back Nine Acquisitions, LLC, purchased the property from Flad Development & Investments for $29.95 million. CBRE’s Gretchen Richards, Matson Holbrook and Sean Beuche represented the seller in the transaction. The portfolio includes The Tradition at...
familydestinationsguide.com
Skip The Big Cities And Rent For Under $800 In This Overlooked Wisconsin Town
Somewhere between Chicago’s chaos and Madison’s coffee shop lines, there’s a Wisconsin town quietly doing everything right, and its name is Beloit. Most people drive past it without a second thought, which is honestly their loss and your gain. Beloit sits right on the Illinois-Wisconsin border, hugging...
rejournals.com
wisbusiness.com
wmtv15news.com
Drury Hotel site remains empty in downtown Madison
MADISON, Wis. (WMTV) - Since 2018, plans have been in the works to build a Drury Hotel in downtown Madison near the Wisconsin State Capitol and Madison Area Technical College’s downtown campus. The two entities have a lease agreement, but the site still sits empty. Those walking by the...
The Thrifty Apartment
10 U.S. Cities Where Young Adults Can Barely Afford to Buy a Home
Buying a first home has long been a major financial goal, but it is becoming harder for many young Americans to reach. An analysis by Clever Real Estate using 20 years of U.S. Census data found that homeownership among Americans under 30 fell from 18.5% in 2005 to 11.8% in 2024, a 36-point drop. The... The post 10 U.S. Cities Where Young Adults Can Barely Afford to Buy a Home first appeared on The Thrifty Apartment .
City of Madison Wisconsin
District 19 Private & Public Development Update
Major District 19 development projects are now open and new projects, both private and public, are moving forward. Here are some of the most significant. Trader's Way (open house this week) This 3-story building at 6624 Old Sauk Road has144 market-rate apartments and is now leasing. The project by Stone...
The Center Square
UW-Madison plans to add 1,700-bed dorm through private developer
(The Center Square) – The University of Wisconsin-Madison is looking to expand its dorm capacity through a privately owned dorm on state land on campus that would require nearly $30 million in annual rent. The costs will be part of comparable housing costs for new students to add nearly 1,700 student beds to campus starting in fall 2029. The nearly $338 million dorms will be build by developer PRG Badger Properties with an option for the state to buy the building after 10 years at fair-market value. The new dorms will be built after Merit Hall, a small dorm of 72 beds, is demolished. The proposal passed the State Building Commission after it passed the Board of Regents and also must be approved by the Legislature’s Joint Finance Committee. “Housing capacity has not kept up” associate vice chancellor for University Housing Jeff Novak said about the plan. Novak said that the last down to open was in 2013 and, since then, the university has added 2,000 freshmen and 8,000 total undergraduate students. He said that there would be no impact on tuition and no taxpayer funds would be used on the project. The university currently has 93% of its freshmen