Yearly Archives: 2009

Governor Doyle Announces $100,000 Brownfield Grant for Shorewood Development

MADISON, WI - August 21, 2009 - (RealEstateRama) -- Governor Jim Doyle today announced that Exchequer LLC will receive a $100,000 Blight Elimination and Brownfield Redevelopment (BEBR) grant from the Department of Commerce (Commerce) to help redevelop an unoccupied and underutilized property in the Village of Shorewood, Milwaukee County.

Wisconsin Home Sales and Prices Fall as Unemployment Rises in Second Quarter

MADISON, WI - August 12, 2009 - (RealEstateRama) -- Wisconsin home sales and median prices both fell in the second quarter of 2009 relative to that same quarter in 2008 according to data just released by the Wisconsin REALTORS® Association (WRA). But despite significant job losses in manufacturing and other sectors that have pushed the state unemployment rate to 9 percent in June, REALTORS® say the state housing market is actually showing signs of stabilization.

Governor Doyle Announces More Than $6.3 Million to Benefit Homeless Persons

MADISON, WI - July 21, 2009 - (RealEstateRama) -- Governor Jim Doyle today announced awards totaling $6,395,897 to 88 organizations across Wisconsin for emergency shelter, homeless prevention, transitional housing and supportive service programs. Wisconsin Department of Commerce Secretary Richard J. Leinenkugel presented the awards on behalf of the Governor at the Wisconsin Conference on Homelessness in Middleton.

REALTORS® Develop Wisconsin Foreclosure Assistance Web Site

Madison, WI - July 15, 2009 - (RealEstateRama) -- A new online resource developed by the Wisconsin REALTORS® Association can help consumers take steps to avoid foreclosure or navigate through the process for a better outcome.

Crowne Plaza Opens Near Milwaukee Airport

ATLANTA, GA - July 10, 2009 - (RealEstateRama) – IHG (InterContinental Hotels Group) [LON: IHG, NYSE:IHG (ADRs)], the world's largest hotel group by number of rooms, today announced the Crowne Plaza Milwaukee Airport will open within a month. The hotel has undergone a $14 million complete interior and exterior renovation from the Ramada Inn and Conference Center.

Governor Doyle Announces $800,000 Brownfield Grant to UWM Real Estate Foundation, Inc.

MADISON, WI - July 7, 2009 - (RealEstateRama) -- Governor Jim Doyle today announced that the UWM Real Estate Foundation, Inc. will receive an $800,000 Blight Elimination and Brownfield Redevelopment (BEBR) grant from the Department of Commerce (Commerce) to help redevelop an unoccupied and underutilized property in Milwaukee County.

July 1 is deadline for mandatory use of electronic real estate transfer return

MADISON, WI - June 18, 2009 - (RealEstateRama) – The Department of Revenue (DOR) today issued a reminder that real estate transfer returns (RETR)...

Grubb & Ellis Healthcare REIT Acquires 130,000 SF Wisconsin Medical Office Building Portfolio

Scottsdale, AZ - June 4, 2009 - (RealEstateRama) — Grubb & Ellis Healthcare REIT, Inc. today announced the acquisition of Wisconsin Medical Office Buildings Portfolio 2, which includes two medical office buildings located in the Greater Milwaukee area.

Staybridge Suites Milwaukee West-Oconomowoc Now Open!

Oconomowoc, Wis. - June 5, 2009 - (RealEstateRama) — Pabst Farms Development Inc., developers of the largest master-planned community in southeastern Wisconsin, together with S&L Hospitality, a hospitality development and management company in Madison, Wis., welcomed business owners, chamber members and community leaders to a Grand Opening Ribbon Reception on June 2, commencing the opening of the new, 128-room Staybridge Suites® Milwaukee West-Oconomowoc located at 1141 Blue Ribbon Drive, Oconomowoc, Wis., 53066.

Van Hollen Grant Launches Foreclosure Mediation Program

MILWAUKEE, WI - May 27, 2009 - (RealEstateRama) — Attorney General J.B. Van Hollen announced today, with Milwaukee Mayor Tom Barrett and Marquette University Law School Dean Joseph D. Kearney, that he would commit proceeds from the successful Countrywide Financial Corporation lawsuit be put to work pursuant to the Stipulated Judgment ordered in the case.

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Attorney General J.B. Van Hollen Announces National Mortgage Settlement Relief Exceeds...

Attorney General J.B. Van Hollen announced today that Wisconsin borrowers received $23.5 million in mortgage loan-related relief in the first quarter of 2013 under the National Mortgage Settlement. Adding to previously announced totals, 3,516 Wisconsin borrowers have now claimed $167,183,021 in loan-related relief. In addition, 106 Wisconsin borrowers are in trial mortgage modifications, which will add $8 million to the State’s relief in coming months – raising the projected total to more than $175 million statewide so far.

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The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 320 South Access Road in Rice Lake, Wisconsin for $6,378,560.