Real Estate

Pleasant Prairie closes TID, adds $1 billion to property tax base

Pleasant Prairie Village Board this week voted to close one of its tax incremental districts (Tax Incremental District No. 2, or TID 2), a move which brings nearly $1 billion in additional property value to the Kenosha County village’s tax base.

Chris Mambu Rasch named executive director of Building Advantage

The board of directors for Building Advantage announced the appointment of Chris Mambu Rasch as the organization’s new executive director.

Construction to begin on two spec industrial buildings in Mount Pleasant

New York-based real estate investment company Ashley Capital says it plans to begin construction in April on two more speculative industrial buildings at the Enterprise Business Park in Racine County.

Metropolitan Milwaukee Fair Housing Council among 20 organizations to reach $53 million settlement with Fannie Mae

The Metropolitan Milwaukee Fair Housing Council and 19 other local fair housing organizations nationally reached a $53 million settlement with Fannie Mae this week over allegations that the company treated foreclosed homes in communities of color unfavorably.
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Wangard names new CFO, announces several other promotions

Wauwatosa-based real estate firm Wangard Partners Inc. announced several promotions, including Kyle Dieringer as chief financial officer.

eTEK Precision Manufacturing will move to larger Cedarburg facility

Cedarburg-based eTEK Precision Manufacturing will move from its current location at N37 W5677 Hamilton Road to the building at N143 W6437 Pioneer Road, which is the current location of Scot Pump.

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