2 buildings in Milwaukee with great demand for housing are ready to be converted and built out.
Looking for JV or direct lender to build out the two properties. They would build either multi-family or upscale youth lofts in the 2 buildings. Not necessarily student housing.
250,000 square feet in Lindsay building and 120,000 square feet in Walsh and will take approx.$25M the Lindsay and $20M on the Walsh. There is $10M appraisal on the buildings, currently with the owner contributing his $10M equity.
Need direct lender or JV partner for $45M.
Have pictures and information on these 2 historic buildings.
Please email me for questions.