JLL Facilitates $98M Refinancing For Ascent MKE Luxury Apartment Tower In Milwaukee

An affiliate of New Land Enterprises has secured a $98 million refinancing for Ascent MKE, a luxury apartment tower located at 700 East Kilbourn Avenue in Milwaukee, Wisconsin. The multifamily property comprises 259 units and boasts smart home technology, panoramic views, and a range of high-end amenities such as rooftop decks, fitness centers, and a rooftop bar.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $98,000,000
• Units: 259
• Landlord: Affiliate of New Land Enterprises
• Brokers: Michael Gurwin, Mike Brady, Ryan Sullivan, Timothy Joyce & Trent Niederberger - JLL

JLL Capital Markets played a role in facilitating the $98 million refinancing deal for Ascent MKE in Milwaukee. The involvement of key individuals such as Michael Gurwin, Mike Brady, Ryan Sullivan, Timothy Joyce, and Trent Niederberger from JLL highlights the significance of their expertise and representation in the transaction.