Fiduciary plans $20 million condo project in Falls - The Business Journal of Milwaukee:

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The village Plan Commission earliet this month approved the Milwaukeedevelopmenrt firm’s request to build up to 19, four-unit cond o buildings at Lisbon and One Mile roads, said Matt village director of community The village Board of Trusteesa will review on June 9 the Plan Commission’sx recommendation for new Fiduciary Villas condo s that will cost an average of Fiduciary Real Estate owns and manages more than 4,20o apartment units in Wisconsin worth more than $350 million. The companuy also has converted morethan $100 milliojn worth of apartments into condos.
The company and its real estatsesales partner, , owned by Rick Ruvin, converted The Blatzx Apartments and Landmark on the Lake into condos. Fiduciarh also owns the 74-unit Kilbourn Towe at the corner of Nortnh Prospect and EastKilbourn avenues. Fiduciary estimates it has sold more than 600 condos in the past five Fiduciary Real Estate and of Menomonee Fallzs have delayed plans to builda big-box-anchorexd shopping center at the intersection of Marcy Road and Silver Spring Drives in southwest Menomonee Falls about a mile north of the Villaes condos.
The two companies were planning ona 200,000 - to 250,000-square-foot shopping center, but lack of tenantxs prompted the developers to delay the Other reasons for delaying the project included the down economu and tight financing, according to Fiduciary spokesmab Craig Raddatz. Fiduciary executives were unavailable to discusesthe company’s financing plan for the proposed condominiujm project in Menomonee Falls. The company also has developed single-familh home subdivisions in Germantown, Franklin and Madison.