Investor group pays $279.5 million for 22 Wisconsin affordable housing complexes

Included in 90-property portfolio deal in eight states

Park East Enterprise Lofts at 1401-1407 N. Martin L. King Jr. Drive, Milwaukee. (Image courtesy of Google Street View)

Last updated on April 24th, 2023 at 01:25 pmA joint venture called the Essential Housing Impact Partnership has purchased 22 affordable housing complexes in Wisconsin for $279.5 million, according to state records. The acquisition is part of a $1.2 billion, 90-property portfolio deal spanning the entire country, according to a press release. The Essential Housing

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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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