St. Rita Square – Milwaukee, Wisconsin – 118 Unit, Class A Senior Living Development – 100% Owned by WRP III

OPPORTUNITY

A joint-venture development with Wisconsin-based Capri Communities located in the Lower East Side neighborhood of Milwaukee, WI. Property includes 72 independent living units, 20 assisted living units, and 28 memory care units. Market reports show the primary market is underserved in independent living, assisted living and memory care units. The site is adjacent to the Park East Corridor, which has a number of notable developments and redevelopment in recent years. The site is also one block from a grocery-anchored retail complex and two blocks from a Milwaukee Streetcar station.

Property

Six-Story Senior

Living Building

Size

118 Units

Built

2019

Ownership

100% WRP III

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