Madison Children’s Museum recently refinanced its construction debt, which engaged three banks plus a community loan fund and utilized $6 million in New Markets Tax Credit (NMTC) financing.
This project involved expanding a facility for meat a manufacturer. Nueske’s Meats is a third-generation family owned business, manufacturing award winning applewood smoked meats. Expanding the manufacturing space retained 135 jobs and created 66 new, pernament jobs.
Cinnaire provided a $7.2 million New Market Tax Credit (NMTC) allocation to support the expansion and rehabilitation of the Marshfield Area YMCA. Forward Community Investments (FCI) is providing a $7.8 million NMTC allocation. Chase, as the NMTC investor, facilitated the financing of this project. The facility will be renamed the Marshfield Clinic Health System YMCA. […]
The project is building a uniquely integrated student union, recreation center, and athletic facility that will benefit generations of college students and the greater community.
The center is envisioned as a 90,000 SF facility located in a severely distressed, non-metro, low income community. This project will transform a functionally obsolete and mostly vacant downtown mall and adjacent parcels into a vibrant, accessible facility convenient to several nearby low income communities. The new center will: Teach positive character values to youth […]
St. Croix Chippewa Indians – Judicial Center – This complex deal was years in the making. It provides refinancing of existing gaming debt, loans for new economic development project construction, obtaining NMTCs for the repurposing of the existing judicial building, and the development of a new judicial center. The St. Croix Chippewa Indians of Wisconsin […]
Developer Wangard Partners had some fun naming their acquisition, construction, and leasing of two industrial buildings encompassing a site of approximately 170,000 square feet on Rogers Street in a highly distressed area of West Allis, Wisconsin: they named their project Mr. Rogers’ Neighborhood. The project site is in a designated Brownfield intervention area and local […]
Winsert, Inc. in Marinette received NMTC financing through the Wisconsin Economic Development Corporation (WEDC) and the Wisconsin Housing and Economic Development Authority (WHEDA) to support the creation of up to 92 jobs, in addition to retaining 156 existing positions.
The Summit Place project called for the adaptive reuse of century-old buildings near Milwaukee in which the Allis Chalmers Manufacturing Company originally built tractors.
Super Steel, LLC, formerly known as Super Steel Products Corporation (SSPC), has been in existence since 1923, providing contracted manufacturing services to customers in the industrial, construction, agricultural, and defense markets, and specializing in providing metal fabrication to the rail industry. Despite its long history, the Milwaukee, Wisconsin based company could not withstand the economic […]