Grandbridge secures $4.8 million mortgage for Waukesha apartments
Grandbridge Real Estate Capital recently originated and closed a $4.8 million first mortgage loan secured by Riverwalk Apartments, a 136-unit residential community located on the Fox River near downtown Waukesha, Wisconsin. The loan was placed for Madison-based Urban Land Interests Inc. Funding for the fixed rate refinance loan was provided by Fannie Mae under its Delegated Underwriting and Servicing loan program with an interest rate near five percent and a 10-year term, amortized over 30 years.
Inland Companies awarded property management for Warehouse One building
Milwaukee-based Inland Companies announced it has been awarded the property management for the Warehouse #1building at 126 N. Jefferson St. in Milwaukee’s trendy Third Ward. Tenant in the 75,000-square-foot office building include Core Creative, Milwaukee Magazine and Biz Times.