2012-28 East North Avenue
About the project
Josh Jeffers founded J. Jeffers & Co. in 2012 with the goal of building a different kind of real estate firm: one that embraces real estate development as a powerful vehicle for enhancing communities and creating value for both their investors and the communities they work with. J. Jeffers is a company built on the principles of Accountability, Integrity, and Perseverance, all of which they believe are essential for achieving high-quality outcomes for their partners and stakeholders.
J. Jeffers & Co. is located in Milwaukee, WI.
LISC provided a $1.70 million construction loan to finance the rehabilitation of the property located at 2012-2028 East North Avenue in Milwaukee. The interior requires a complete gut rehabilitation of the existing retail and office units. At completion, the building will feature an open retail layout with high exposed ceilings on the first floor and loft office spaces for the second and third floors. Potential tenants include health and fitness centers, a brewery, and a cheese company. This project promises to bring economic development and job creation into a low- and moderate-income (LMI) designated area, creating approximately 80 full time jobs.
Partner:
J. Jeffers & Co. LLC
Location:
Milwaukee, WI
Total Investment:
$1.70 million
Outstanding Balance:
$1.69 million
Results:
16,284 sq. ft. commercial space
80 jobs created or preserved
Project Category:
Employment Generation
Product:
Construction loan
Website:
UN SDGs: