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Milwaukee investor purchases Kenosha apartment complex for $20.4 million

Milwaukee-based Metropolitan Associates has purchased the sprawling Westchester Apartments complex in Kenosha for $20.4 million, according to a real estate transfer record posted by the state this week.

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.

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