![]() One of the duplexes that make up part of Lake Park Apartments in St. Some even have jacuzzis."Ĭoblat Partners and Joseph Properties most recently partnered on the soon-to-be-constructed 267-unit apartment complex at the 38-acres Loomis Crossing Development in Greenfield that Cobalt is leading. Many of the units in these developments are close to 1,500-square-feet or more. “Bob is a real hands-on builder, so am I, and we were very lucky to forge a deal,” Joseph said. We are certainly bullish on the multi-family market, and Supreme Builders' properties are just quality, all brick, large-size units, and just make a great portfolio.” “I have been interested in that because it is kitty-corner from our 84South development. “I have been talking with Bob Baierl (of Supreme Builders) for about two years about the vacant parcel off of 92 nd Street,” said Scott Yauck, president and CEO of Cobalt Partners. Flex-used commercial building, 1433 S.River Park Apartments, 115-137 Chafee Road, Oconomowoc.Parkwood Lake Apartments, 6801-9885 S.Greenfield Park Apartments, 4700-4721 S.Parkway Central Apartments, 1612-1632 S.Vacant land in Greenfield (located southwest of South 92 nd Street and Coldspring Road in Greenfield).Here is a list of the properties that are part of the $59 million portfolio: The complex is just one of seven apartment complexes constructed by Supreme Builders of West Allis that Cobalt Partners and Joseph Properties teamed up to purchase. Some even have jacuzzis.”Ĭoblat Partners and Joseph Properties most recently partnered on the soon-to-be-constructed 267-unit apartment complex at the 38-acres Loomis Crossing Development in Greenfield that Cobalt is leading. That office will be now assumed by the Joseph Property Development, which will take over the management of the existing apartment buildings, said Robert Joseph, founder and CEO of Joseph Properties. in West Allis where Supreme Builders has its property management office. The deal also includes a flex-use building at 1433 S. We are certainly bullish on the multi-family market, and Supreme Builders’ properties are just quality, all brick, large-size units, and just make a great portfolio.” Francis, and Oconomowoc, all of which were constructed by Supreme Builders. The site is southwest of South 92 nd Street and Coldspring Road, near the Hale Interchange.Īmong the other properties in the portfolio are seven apartment complexes located in Greenfield, West Allis, Franklin, St. The deal includes a 25.5-acre vacant parcel of land off I-894 in Greenfield where Cobalt and Joseph plan to develop a 250-unit apartment complex. Milwaukee-based Cobalt Partners and Joseph Property Development have partnered on the purchase of a $59 million apartment portfolio from West Allis-based Supreme Builders. The Cobalt development is located a half-mile south of a similar development at Charnock Road and Overland Avenue, snd is a quarter of a mile away from the similarly scaled Bastion development at Washington and Motor Avenue.As part of a $59 million portfolio deal, Cobalt Partners and Joseph Property Development purchased a 25.5-acre vacant parcel of land near the Hale Interchange in Greenfield. ![]() VTBS Architects designed the building, using five levels of wood-frame construction above a concrete podium.Īccording to UrbanizeLA, Greystar is in the midst of construction on several other multifamily residential developments in the Los Angeles area, including projects in Marina del Rey, the Arts District, and North Hollywood. A total of 11 units are to be set aside as affordable housing. The seven-story building featuring 135 studio, one and two-bedroom apartments atop 14,000 square feet of ground-floor retail space and 294 basement parking spaces, created by Greystar Real Estate Partners. The northeast corner of Washington Boulevard and Overland Avenue, is technically in Los Angeles and considered to be part of the Palms neighborhood, but the shadow it casts falls on Culver City. Cobalt, a new apartment building adjacent to Sony Pictures Studios, is nearing completion and almost ready to open doors. It’s not in Culver City, but it’s close enough to matter. ![]()
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