Featured Deal: $59 million apartment, land portfolio sale

Milwaukee-based Cobalt Partners and Joseph Property Development recently partnered on the purchase of a $59 million apartment portfolio from West Allis-based Supreme Builders. The deal includes 25.5 acres of vacant land off I-894 in Greenfield where Cobalt and Joseph plan to develop a 250-unit apartment complex. The site is southwest of South 92nd Street and

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Cara covers commercial and residential real estate. She has an extensive background in local government reporting and hopes to use her experience writing about both urban and rural redevelopment to better inform readers. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

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