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Breakwater Commercial

 

 

At Breakwater Commercial we specialize in the acquisition and disposition of income producing real estate with an emphasis on the multi-family asset class.
 
We understand that our clients have complex and specialized needs. We pride ourselves on developing and executing thoughtful strategies tailored for each unique project.
 
With an extensive network of regional and national investors and transactional experience throughout the state of Wisconsin, we provide our clients with comprehensive market data, financial analyses and robust marketing concepts.
 
Whether you are a REIT, syndicate equity group or individual investor, we will find solutions that work for you.

 

 

 

 

Low-income housing apartment The Grove gets green light after receiving extra tax credits:

Langdon Street Student housing - Steve Brown building - approved for demolition

Madison grew more than any other city in the state from 2015 to 2016, surpassing a quarter of a million residents, according to estimates released this week by the U.S. Census Bureau...Under construction the new Galaxie and Lyric Apartments on E. Wash.

Corners of Brookfield -1 hour east of Madison: 244 units to arrive in July to compliment 450,000 SF of retail 

Check out the: City of Madison | BIENNIAL HOUSING REPORT

Year End

EdR, in a joint venture with CORE, compliments The Hub student asset of Madison, adding 707 beds to the University of Minnesota - a $98m development

December 18, 2016

Continued Growth of Madison housing supply

December 15, 2016

$13 Million redevelopment plan approved for Sun Prairie: 74 Units + 5,000 SF of Retail | Developer: Dan Schmidt / Forward Management

December 9, 2016

 Madison is very short on student housing supply. Revision of the building zoning code, with respect to height, has helped draw the attention of national student housing equity groups, including EDR and ACC

October, 2016

Epic spends 1/2 of operating expenses on R & D according to Judy Faulkner: Wisconsin baseded "Rent College Pads" start-up, just raised $1M from angel investors servicing 46 Universities

September 20, 2016

Student Housing: Not Your Parenets Dorm. The Hub Madison:  $70 million Madison property opened last fall. Studios start at $1,205. Perks of the Hub lifestyle: street-level retail and restaurants, sand volleyball courts, sauna, and recording studio.

August 23, 2016

Marty Rifken and Blake Griifen to develop 90 units and retail on Madison's north side 

May, 2016

Proposal for 6 -story apartment building on West Washington - 70% of the units to be studios

March 7, 2016

 

Milwaukee based Wangard Partners Inc. acquires the Glacier Valley apartment community on Madison's east side for $19.58m: 158 Class-A, market rate units. Breakwater Commercial LLC exclusively listed the asset and secured the buyer in a nationally marketed campaign.

December 1, 2015 

 

Oscar Mayer to close 100 year-old plant in Madison, WI. eliminating 1,000 jobs. 250 corporate postions will move to Chicago. Kraft Heinz is planning a new Oscar Mayer manufacting facility in Davenport, WI.

November 4, 2015

 

Kevin Conroy opts Exact Sciences out of the Judge Doyle Square Deal and will instead expand operations in the University Research Park on the West Side.

November 2, 2015

 

Building Permits Show little slowdown for Madison Apartment Projects

October 28, 2015 

 

Union Corners Apartment  Development Gets Commission Approval: 100  Units

Sepetember 22, 2015

 

Judge Doyle Square Redevelopment | Four Propsosal Summary

May 15, 2015

 

Corporate Real Estate & Economic Development Magazine ranks Madison as   #5 Tier II metro in the country: Citing expanded corporate facilities of Exact Sciences and Epic Systems.  Greensboro, NC was rated #1.

March 18, 2015

 

Will Wingra Point 2 receive approval?

T.Wall Enterprises to present revised plans for 173 apartment units at the triangular section of Park St. and Fish Hatchery Rd.

March 7, 2015

 

U.S. homeownership rate hits 20 year low

February 24, 2015

 

 

 

 

 

 

 

 

 

 

Madison | Wisconsin: Q3 - 2023

Population: 684,502 - Dane County

Unemployment: 2.8 % 

National: 3.4% - 

 

Freddie Mac Lending Rates Q3, 2023:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

 

 

 

Notable Area Employers: f/t employees 


Epic (healthcare software developer): 7,800

University of Wisconsin Hospital: 4,903

American Family Insurance: 3,587

Dean Health Systems: 2,763

TDS Telecommunications Corp: 1,900

Spectrum Brands Corporate: 740

 

 

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