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Supporting Developers from Financing through Construction

6/23/2022

 
By: Chris Mambu Rasch, Executive Director, Building Advantage

As a developer, you have the vision for what a space could be and access to capital to make it happen, but sometimes obstacles can get in the way of your vision. Building Advantage and our partners are the answer to getting your project financed, staffed, constructed, and completed. We’ll work with local, state, and federal officials to help you win support and approval of your project, and assist with securing financing.
 
For unions, being a strong community partner also means being willing to financially back local projects. Several years ago, the AFL-CIO Housing Investment Trust (HIT) financed $42.4 million with union pension funds to help finance the construction of the $56.7 million Moderne project. More recently, we saw the HIT invest $104.5 million to secure Barrett Lo’s $191 million Couture project. This is in addition to the partnership from the local Building Trades United Pension Trust Fund, whose investment helped close the gap and get this project moving for the City and the region.
 
Building Advantage is here to be a full-service resource for developers looking to build in Southeast Wisconsin. Learn more about us and our partners on our website: buildingadvantage.org.

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  • JOIN
  • Membership
    • The benefits of joining
    • Member directory >
      • Member Spotlights
      • Talent Solutions Directory
    • What we do >
      • Talent >
        • Ranking Milwaukee County Schools
        • Education recommendations
        • Technology Education & Literacy in Schools (TEALS)
        • Career-based learning experiences
      • Growth
      • Livability
      • Equity
      • Peer metro comparison
    • Cost saving programs >
      • Health insurance plan
      • Office supply discount program
    • Events >
      • 2021 All Member Meeting
      • Diversity, Equity & Inclusion Summit
      • Talent Solution Series
      • Emerging Leaders Series
      • Global Business Insights Series
      • Member Orientation
      • Replay: The Business of MKE Series
      • Replay: Race Bridge Series
    • For members only >
      • Fall 2022 Impact Report
      • Sponsorship
      • Advertising
    • Need more info?
  • Networks
    • Leadership Council
    • President's Huddle
    • Executive roundtable program
    • FUEL Milwaukee for young professionals
    • Future 50 Awards Program
    • Networking Forum for referrals
    • Region of Choice Initiative
    • Roundtables for high-growth companies
    • World Trade Association
  • Advocacy
    • 2021-2022 Legislative Scorecard >
      • Senate Votes
      • Assembly Votes
    • Recent Legislative Wins
    • Funding Local Governments
    • Miller Park economic impact study
    • Wisconsin State Legislature
    • K-12 Education Recommendations
  • Economic Development
    • Milwaukee 7 Partnership for Economic Development
    • MKE Venture Mentoring Service
    • Milwaukee Development Corp. >
      • Rebuild & Revitalize Program
    • Milwaukee Urban Strategic Investment Corp. (MUSIC)
    • Milwaukee EB-5 Visa program
    • Starting a business >
      • BizStarts
      • New business planning guide
    • More about Milwaukee
  • Metro MKE
    • 2023 Navigate Business MKE
    • Business outlook survey
    • Economic trends
    • Local media listings
    • Major employers in metro Milwaukee
    • Metro Milwaukee demographics
    • Order a publication
    • Relocating a business
  • About
    • Board of directors
    • Career Opportunities at MMAC
    • Staff
    • Milwaukee Commerce magazine
    • Press releases
    • Members of the media >
      • Recent Media Coverage
    • Scholarships for minority students