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Developer could get loan extension for hotel project at former Sears building on Milwaukee’s near northwest side

The developer still pursuing plans to transform a former Sears building on Milwaukee’s near northwest side into a boutique hotel could get another year to begin paying back a $4 million loan city loan for the project as part of a tax incremental financing district for the site.
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Pat’s Heating & Air Conditioning acquired by Heartland Home Services

Oconomowoc-based Pat’s Heating & Air Conditioning has been acquired by Grand Rapids, Michigan-based Heartland Home Services, an HVAC, plumbing and electrical home services company. Terms of the deal were not disclosed.

StratCap buys Franklin data center for $9.5 million

Greenwich, Connecticut-based investment firm StratCap, through its real estate division StratCap Data Centers, has purchased a 28,500-square-foot data center in Franklin for $9.5 million.

All Integrated Solutions purchases fastener distributor

Franksville-based All Integrated Solutions (AIS), a value-added distributor of industrial fasteners and components, MRO supplies, and assembly tools, has acquired Holtsville, New York-based Tower Fasteners, a fastener distributor and manufacturer of electronic hardware.

Milwaukee-area home sales down significantly in July

Home sales in the four-county metro Milwaukee area were down 17.2% in July, year-over-year, and home sales in the greater southeastern Wisconsin region were down 18.2% for the month.

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