Situation
A leading Milwaukee-based developer planned and built a 318-unit market-rate apartment complex on a former industrial site. Great-West Life & Annuity Insurance Co. sought Husch Blackwell’s assistance in closing takeout financing of $25 million, our client’s biggest loan ever in Wisconsin.
Result
We negotiated and documented the permanent mortgage financing. The myriad documents required to seal the deal involved title insurance and surveys, zoning, due diligence, insurance coverage, financial statements, corporate documents and loan documents. By keeping the deal moving forward and all parties on track, Husch Blackwell helped close financing for this significant residential project.