Greywolf Partners, Inc., a full service commercial real estate company with headquarters in Milwaukee and executive offices in Sun Prairie, closed on 5.51 acres of land and officially broke ground on Dec. 3 in the village of DeForest in the Bear Tree Farms subdivision.
The site located at 6639 Pederson Crossing will be the future home of The Legacy of DeForest. The new site will be used for an assisted living and memory care facility to be managed by Park Vista Senior Housing Management, a division of Greywolf, Partners Inc., when completed.
Park Vista Senior Project Management President Julie Lonergan said, “Not only did our research show that this area needs assisted living and memory care services, but also in our discussions with the village we heard from them about the importance of this project, so we are thrilled to be moving forward and are looking forward to serving the village of DeForest’s assisted living and memory care needs.”
“We’re very excited about building this facility in the village of DeForest, and want to thank the village for their help bringing this much needed product to their community,” said Joe Wagner, CEO of Greywolf Partners, Inc. “I especially want to thank Steve Fahlgren and Sam Blahnik from the village for all of their support as well as Grunwaldt & Halverson, our architect, JSD our civil engineer, Birrenkott, our surveyor, Consolidated Construction Company, and Brett Schroeder with American National Bank – Fox Cities, all of whom are key to this project’s success.”
Greywolf Partners values their expertise and their ability to work not only with them, but the many other partners that they’ve had on this project.
The project is scheduled to be completed in the late summer of 2019.
Formed in 2009, Greywolf Partners is a full-service real estate company specializing in asset management, property and facility management, development and brokerage services to commercial real estate owners and investors. Greywolf Partners, Inc. also offers development and property management services for senior housing covering independent, assisted living and memory care.
With offices in Milwaukee and Madison, Greywolf Partners oversees 1.5 million square feet of office and retail and industrial space as well as 1,267 residential and senior housing units. Greywolf Partners serves a variety of ownership groups, including small entrepreneurial owners, large institutional investors and Tenant in Common (TIC) ownership structures. For more information, visit www.greywp.com or call 1-877-543-4739.