by Aydee Cruz | Jun 10, 2025
Kenilworth 2023 Loan 1915 E. Kenilworth Pl. MDC paid off the current loan amount of $1.2 million with Old National Bank. MDC will lend Kenilworth Retail, LLC the same amount for a 24-month term commencing June 10th. The interest rate shall be 5.5% interest only. Both...
by Aydee Cruz | Jun 10, 2025
600 W. National 600-610 W. National Ave. Providing $85,000 2nd position acquisition/predevelopment loan to support minority developer Willie Smith for redevelopment of former Acapulco restarant and office building into multi use space. Project Details Start Date 2023...
by Aydee Cruz | Jun 4, 2025
Tall Tree Holdings 2650 S. Chase Ave. Provided $500,000 of $4.8 million loan in participation with MEDC to fund plant renovations to help company protect jobs and increase revenue. Project Details Start Date 2022 End Date Initial Investment $500,000 Partners MEDC...
by Aydee Cruz | Jun 4, 2025
HG Walnut 600 W. Walnut St. Provided $500,000 of $2.5m MEDC loan to to devlpr Kaylin Hayward to renovate/activate a long vacant building on prominent corner at 600 N Walnut Way in the Haymarket/MLK Drive corridor. Milwaukee County serves as the anchor tenant with...
by Aydee Cruz | Jun 4, 2025
North Avenue Market 5900 W. North Ave. MDC provided $500k of $2.35m MEDC financing to redevelop a vacant bank building into a mixed-use food hall and community gathering space. Amenities include coffee shop, bar, six ethnic vendors, meeting room/office space, live...