$47.5M apartment purchase in Fitchburg continues Weidner`s Wisconsin growth


$47.5M apartment purchase in Fitchburg continues Weidner`s Wisconsin growth


Weidner Apartment Homes continues to expand its presence in Wisconsin with the recent $47.55 million purchase of 285 apartments in Fitchburg from Fiduciary Real Estate Development Inc. 

Based in the Seattle area, Weidner over the past two years has been buying a portfolio of Wisconsin apartments, including more than 1,100 and counting in the Milwaukee area. Its latest acquisition is the The Vue at Pinnacle Park, at 1300 Post Road in Fitchburg....

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Ken Notes: That is north of 160K per unit, we are going to make it just too expensive to live in or near Madison...

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- - Volume: 7 - WEEK: 47 Date: 11/21/2019 9:45:01 AM -