Pewaukee
Pewaukee, WI · Real Estate
hoodline.com
Phoenix Residential Rises On West Side As County Bets On Crisis Housing Fix
A historic Milwaukee landmark on the city’s west side is getting a second life, with Milwaukee County backing a private plan to turn it into Phoenix Residential, a 41-unit mashup of short-term crisis housing and permanent affordable apartments. New photos published this week show interior work wrapping up in...
bondoro.com
Filing Alert: Residential Properties Resources Fund II Chapter 11
Residential Properties Resources Fund II, LLC and its debtor affiliates⁽¹⁾, a real estate investment fund that owns various residential rental properties in Milwaukee, WI, filed for Chapter 11 protection on Jul. 29 in the U.S. Bankruptcy Court for the Eastern District of Wisconsin. The company reports $1...
hoodline.com
Franklin Greenlights $51 Million Mini-Home Village Next To New Costco
Franklin’s Common Council has given the thumbs-up to a roughly $51 million build-to-rent neighborhood planned just west of Northwestern Mutual’s Franklin campus and alongside the site of the city’s upcoming Costco. Miami-based developer Advenir Azora is planning 166 cottage-style rental homes, a mix of duplexes and miniature townhomes pitched as “missing middle” housing for the area. City officials and planners say construction is expected to begin this fall, with the first residents targeted to move in by late 2027 and full buildout expected in 2028.
hoodline.com
Backyard Home Boom Fizzles In Milwaukee As ADU Costs Go Sky-High
Milwaukee and its nearby suburbs have opened the zoning rulebook for accessory dwelling units, the backyard cottages and garage flats widely billed as an easy way to squeeze in more housing. But the boom that planners hoped for has mostly sputtered out, as homeowners and city staff run into the same roadblock: once construction and utility hookups are priced out, most of those backyard dreams stay on paper instead of getting built.
hoteldive.com
Lodging Lowdown: Work begins on $325M Marriott in Cincinnati, First Investors acquires Cambria in Milwaukee
The Lodging Lowdown is a series from Hotel Dive highlighting major headlines that hospitality professionals may have missed from the week. This week in hotel news, SBE expanded its “smart lifestyle” HQ Hotels & Residences portfolio with a boutique hotel in Palm Springs, and a new report showed travelers are finding “creative ways” to stretch their budgets for summer trips.
hoodline.com
Oak Creek Snags Ikea Gateway Lot In $3.6 Million I‑94 Power Play
Oak Creek is buying itself a front-row seat on I-94. City officials voted this week to purchase a high-profile parcel along the interstate just west of the IKEA store, saying the move will let the suburb call the shots on what drivers see as they roll into town. The land has long been controlled by Northwestern Mutual and is valued at about $3.6 million, according to reporting. It is the latest in a run of big land maneuvers around the busy Drexel Avenue corridor.
milwaukeemag.com
Proposed Tower Would End 15-year Drought in New Condos Downtown
A proposed luxury residential high-rise, if it materializes, will be the first significant new condominium project in Downtown Milwaukee in more than 15 years. A luxury high-rise proposed for East Kilbourn Avenue would be the first significant new condominium project in Downtown Milwaukee in more than 15 years. New Land Enterprises unveiled plans in late June for Zenith, which would comprise 226 condos in a 25-story tower directly across the street from New Land’s mass timber marvel, Ascent MKE.
Daily Reporter
South Milwaukee apartment project canceled after financing shortfall
A project that could’ve brought 63 apartments and 5,000 square feet of commercial investment to a South Milwaukee property that’s been vacant for over a decade is canceled after the developer was unable to secure financing. That’s according to South Milwaukee City Administrator Travis Wells who noted in...
hoodline.com
Brady Street Favorite La Masa Rocked By Second-Floor Fire
A fire today damaged the building that houses La Masa Empanada Bar on Milwaukee’s Brady Street, with firefighters seen working on the second floor. The popular East Side restaurant’s future is now uncertain while officials sort out what happened and how bad the damage is. What we know.
hoodline.com
Menomonee Falls Farmland On The Brink As 52-Home Enclave Targets Lannon Road
The Menomonee Falls Plan Commission last Tuesday gave preliminary approval to a new neighborhood called The Reserve at Lannon Road, a 52-lot single-family subdivision planned on about 40 acres at the northeast corner of Lannon Road and Mill Road. The proposal would turn farmland into market-rate detached homes aimed at upper-tier buyers, with the developer's application projecting a two-year buildout once housing construction starts. Village officials and the development team say a list of engineering conditions still has to be resolved before anyone moves in.
Milwaukee Neighborhood News Service
SDC moves to keep Teutonia building out of foreclosure
SD Properties Inc., the tax-exempt property corporation affiliated with the Social Development Commission, appears to have avoided foreclosure on its building on Teutonia Avenue. The organization owns 6850 N. Teutonia Ave., a location of SDC that contains a full commercial kitchen and a parking lot with several food delivery vehicles.
hoodline.com
Bay View Uproar Ends as Council Quietly OKs 100-Unit Affordable Project
After months of tense neighborhood meetings and vocal pushback, the Milwaukee Common Council ended the drama with barely a ripple on Tuesday, quietly signing off on a $2.1 million subsidy for Austin Commons, a five-story, 100-unit affordable housing complex planned for Bay View. The unanimous vote came with minimal discussion and clears a major financial hurdle for the development, which would replace three long-vacant homes on S. Austin Street. Developers and city staff say the subsidy gives the team enough runway to lock in the rest of the financing and move toward construction.
allwork.space
Midwest Office Construction Is Slowing, But These 5 Cities Are Building The Most
Office development remains subdued across the U.S., but a handful of Midwestern markets are still adding new space. According to Yardi Matrix, developers completed 9.9 million square feet of office space nationwide through May 2026, with five Midwest metros accounting for nearly 1.2 million square feet—about 11.7% of all U.S. office deliveries.
insightonbusiness.com
MLG founder Mike Mooney dies at 83
Local news about the companies, people and issues that impact business in Northeast Wisconsin and beyond. J. Michael “Mike” Mooney, the founder and chairman emeritus of Brookfield-based real estate investment company MLG Capital and the founder of MLG Commercial and MLG Development, and a major leader in the Wisconsin commercial real estate industry and the Milwaukee-area business community, died recently at the age of 83, according to BizTimes Milwaukee.
rejournals.com
Marcus & Millichap: Expect a more balanced Milwaukee multifamily market in 2026
The Milwaukee multifamily market is entering a more balanced phase in 2026, with fewer new apartment deliveries, steady renter demand and improving occupancy combining to support another year of rent growth, according to the latest research from Marcus & Millichap. According to Marcus & Millichap’s 2026 second quarter Milwaukee multifamily...