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The Oscar

Sheboygan, WI

PPAF has made a preferred equity investment in a metro Milwaukee multifamily real estate project in the town of Sheboygan. The Oscar consists of 240 residential units, as well as a newly constructed Kwik Trip.  Our operating partner is Green Street St. Louis, who specializes in sustainable development, with over 30 years of commercial real estate experience.  This is our second investment in a Green Street project, and we have established a programmatic JV with this partner for similar investments that meet our investment criteria.  The $42.0 million development is located in an infill neighborhood in Sheboygan, a short distance from some of the largest area employers (Kholer Co., Sargento Foods Inc., Acuity Inc., and Johnsonville LLC.)

240 Residential Units

Annual Fixed

Preferred Return

$42.0M 

Development Cost

$2.3M

Preferred Equity

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