Waukesha
REAL ESTATE
Wisconsin isn't building new housing fast enough, Policy Forum report finds
Home prices and rents have surged statewide since the pandemic, and relief isn't coming fast enough. That's according to a report from the Wisconsin Policy Forum, which found that despite pushes from lawmakers — and strong demand from homebuyers and renters alike — Wisconsin still isn't building enough new housing. ...
Milwaukee taxpayers might help convert office towers to housing. That tactic is used in Chicago
Milwaukee Mayor Cavalier Johnson's administration is considering city financial help to convert downtown office buildings to apartments, including affordable units − marking a new tactic that's being used in Chicago, St. Paul and other cities. That comes as the nationwide office market continues seeing reduced demand tied to remote work's rise. ...
Milwaukee-area home sales fell in June. Shortage of available houses hurting first-time buyers
The Milwaukee home market had a slow month in June, as the housing shortage continues to squeeze first-time homebuyers. Milwaukee-area home sales were down 7% in June compared to the same month last year, according to the Greater Milwaukee Association of Realtors monthly market report. That's the first time monthly home sales have dropped this year. ...
Hunter Real Estate opens in Milwaukee
New commercial real estate firm Hunter Real Estate LLC has opened in Milwaukee. Its founder is Matt Hunter, a local market veteran in commercial real estate who most recently was an executive vice president at JLL. Hunter started his career at the Polacheck Company in 2003, which was acquired by...
Colliers Brokers Sale of 10-Building Industrial Portfolio
Colliers announced the investment sale of a 10-building industrial portfolio known as Mitchell Industrial Park in Cudahy, Wisconsin. The portfolio totals 879,704 square feet and is 99% leased to 22 tenants, including DHL, National Packaging Services, Menasha Packaging and Fastenal, among others. Colliers represented the seller, an affiliate of Oak...
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