Associated Bank Provides $8.8M Construction Loan To Cirrus Property Group For The Carillon At Grafton

The Carillon at Grafton is a development site located in Grafton, WI, encompassing a 5.2-acre plot intended for a 34-unit build-to-rent community. The project is financed through a construction loan of $8,800,000 to support the development efforts of Cirrus Property Group.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $8,800,000
• Lender: Associated Bank
• Landlord: Cirrus Property Group
• Loan Originator: Danielle Maletzke - Associated Bank
• Market: Grafton, WI
• Distance to downtown Milwaukee: Approximately 22 miles

This transaction involved key representatives from Associated Bank, with Danielle Maletzke serving as the loan originator for the construction loan provided to Cirrus Property Group, facilitating the establishment of The Carillon at Grafton.