Eau Claire mortgage broker ordered to pay $444K

August 10, 2015 9:15 am Leave a comment

An Eau Claire mortgage broker convicted of 47 securities-related crimes has been ordered to repay $444,000 to the victims.

Tagged with: mortgages

Downtown Milwaukee’s commercial real estate market booming

August 7, 2015 3:11 pm Leave a comment

To keep up with the demand for office space in Milwaukee, Schlitz Park wants to renovate one of its most iconic buildings -- the Powerhouse -- to create 80,000 square feet of office space (image courtesy of Schlitz Park)

Milwaukee is benefiting from a rising commercial real estate market as companies continue to relocate downtown. At the same time, a new report shows the market for condominiums is stagnating, making for a push-and-pull experience in the construction industry.

Tagged with: Schlitz Park

DNR reviewing land parcels for possible sale

August 5, 2015 1:09 pm Leave a comment

The state Department of Natural Resources is considering selling 118 parcels of land to help satisfy a state budget mandate.

Tagged with: DNR

Homeowners cashing in on PGA Championship

August 3, 2015 12:38 pm Leave a comment

Hospitality industry leaders say Sheboygan County's 1,800 hotel rooms were booked a year or more in advance for next week's PGA Championship in Kohler.

Wiegand to renovate Milwaukee’s City Campus complex

July 28, 2015 2:01 pm Comments Off on Wiegand to renovate Milwaukee’s City Campus complex

Decorative metal houses and buildings line the front of the Milwaukee County City Campus building at 2711 W. Wells St., Milwaukee. The building is one property CBRE Inc. believes Milwaukee County should sell, but those recommendations could take years to become reality. (Staff photo by Kevin Harnack)

Rick Wiegand, owner of the Ambassador Hotel in Milwaukee, has agreed to purchase Milwaukee County's City Campus complex, a trio of buildings at 27th and Wells streets, Milwaukee, for $272,000.

Tagged with: CBRE City Campus

Real estate developer to handle Walker’s national fundraising efforts

July 24, 2015 12:14 pm Leave a comment

Gov. Scott Walker has finalized his senior presidential campaign team.

Tagged with: election Scott Walker

Home sales surge in June to fastest pace in 8-plus years

July 22, 2015 9:26 am Leave a comment

realtor Stephan Marshall, top, walks with potential buyer Sasha Martinez at a home for sale in Pacifica, Calif. The National Association of Realtors releases existing home sales for June on Wednesday, July 22, 2015. (AP Photo/Jeff Chiu)

Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market.

Tagged with: building permits home sales National Association of Realtors

Milwaukee Art Museum to make offer on O’Donnell Park

July 21, 2015 1:51 pm Leave a comment

People gather in O’Donnell Park to admire the view before heading to the nearby Milwaukee Art Museum Thursday, April 23 in Milwaukee. On Thursday the Milwaukee County Board of Supervisors voted to allow the museum to potentially take over the O’Donnell Park. (Staff photo by Kevin Harnack) ArtPark2_klh The Milwaukee Art Museum stand in the background as person walks through O’Donnell Park Thursday, April 23 in Milwaukee. On Thursday the Milwaukee County Board of Supervisors voted to allow the museum to potentially take over the O’Donnell Park. (Staff photo by Kevin Harnack)

The Milwaukee Art Museum is preparing to buy O'Donnell Park from Milwaukee County.

Tagged with: Milwaukee Art Museum O'Donnell Park

Bucks deal provision tidies up Milwaukee real estate records

July 17, 2015 1:32 pm Leave a comment

A provision in the financing package for a new Bucks arena will tighten up Milwaukee's record-keeping on foreclosed properties that are auctioned off.

Tagged with: Bucks foreclosures Tom Barrett

State budget thwarts Milwaukee’s efforts to shore up housing stock

July 17, 2015 12:53 pm Leave a comment

A home stands for sale in the 1000 block of E. Hamilton Street Monday, April 20 in Milwaukee. (Staff photo by Kevin Harnack)

A provision in the state budget signed by Gov. Scott Walker repeals a program meant to ensure the stability of housing stock and will encourage "slumlords" to keep properties in poor condition, Milwaukee officials say.

Tagged with: building code foreclosures GMAR Mike Ruzicka Tom Barrett