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The Bayshore Residences rendering Glendale WI

Aries Arranges JV Equity for Multifamily at Milwaukee-Area MXU

Aries Capital arranged $21,875,000 of joint-venture equity on behalf of Cypress Equities for The Bayshore Residences, a $73,000,000, 311-unit luxury multifamily development located within Bayshore Town Center in Glendale, WI.   

The planned modern, four-building mid-rise apartment complex will feature studio to three-bedroom units, a pool, and shared courtyard spaces. Located at 5800 N. Bayshore Dr. in Glendale, Wisconsin, the complex is within 15 minutes of downtown Milwaukee and adjacent to the newly redeveloped open-air, mixed-use center, Bayshore.  

“We were able to quickly and successfully secure a joint-venture partnership for Cypress with an institutional investor headquartered in Canada with offices in Palm Beach, FL,” said Brandon Perdeck, director of capital markets at Aries. “The partnership was a natural fit as the investor has an existing portfolio of over 14,000 units and 25 million square feet of commercial space “ 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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