The Park East Hotel Structure, 96 New Apartments
As everybody knows, recently the formal Park East Hotel near downtown Milwaukee has been renewed into 96 luxury apartments and the new apartments are called Vantage on the Park. In the morning of 28 February, in the recently finished Vantage on the Park near downtown Milwaukee, about fourteen apartments were rented out. President at Klein Development Michael Klein said, the renters previously run the gamut regarding age. He also said that there are more seasoned couples and y
Milwaukee Bucks To Plan Hotel Development Near Fiserv Forum 2020
Peter Feigin, President of the Milwaukee Bucks said they received up to 14 proposals from countrywide developers across the country for two hotel projects that would be located near the Fiserv forum including the old BMO Harris Bradley Center Site. “We’re thrilled with the submissions” said Feigin regarding the proposals the organization received. Over the next few weeks The Milwaukee Bucks will spend time reading through and dissecting these proposals and will pick two to th
In Generating New Loans, Milwaukee Ranks Third in Millennials
In 2018, in the Milwaukee metro first-time home purchasers estimated for approximately two of every five home sales, with the bulk of those purchasers classified as Millennials. In 2017, over the national average of 34%, in greater Milwaukee, 41% of all purchasers were first-time home purchasers. And of that pool of first-time purchasers in the Milwaukee area, 58% were Millennials. Consequently, as per a recent study conducted by Realtor.com, more than 50% of new loans genera
Where's the ROI In WI Flips?
According to a study conducted by California-based property database ATTOM Data Solutions, the Milwaukee-Waukesha-West Allis metro endured a flood of houses on the market that was formerly flipped in 2018 by real estate investors. The Milwaukee metro positioned in the top 10 in the U.S. with each year increase of 8.3% in home flipping rates among metro regions with no less than 1 million individuals. Percentage of flipped properties is the home flipping rate which considered
Marriott Hotel by Mayfair Mall Begins Construction
In Wauwatosa, construction is in progress to change over an office tower at Mayfair mall into a Marriott-marked Renaissance Hotel that will open by summer in the upcoming year 2020. Milwaukee-based HKS Holdings LLC is developing the project with national hotel builder and manager Concord Hospitality Enterprises of Raleigh, N.C. They plan to convert and expand the vacant 11-story, 150,000-square-foot office building into a 196-room hotel with 12 floors. In the state, it is goi