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Real Estate

Katz Properties buys two Milwaukee apartment buildings for $15.5 million

Hunter Turpin
By Hunter Turpin
Bon-Aire, 1560 N. Prospect Ave., Milwaukee. Image from Google.
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Katz PropertiesThe Equity Group Inc.

Affiliates of Bayside-based Katz Properties have purchased two Milwaukee apartment buildings, adding 155 units to the rental company’s portfolio of more than 1,000 apartments. A 9-story, 107-unit apartment building at 1560 N. Prospect Ave., called Bon-Aire, sold for $10.7 million. Built in 1951, the building is located on the east side of Prospect Avenue, facing

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