Mike Doney, Author at F Street https://fstreet.com/author/mdfstreetgroup-com/ Creating Wealth and Shareholder Value Tue, 06 Oct 2026 17:58:40 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 https://fstreet.com/wp-content/uploads/2023/03/cropped-F-Street-Favicon-Logo-32x32.png Mike Doney, Author at F Street https://fstreet.com/author/mdfstreetgroup-com/ 32 32 F Street Van Buren, LLC | The Scot Redevelopment Announced https://fstreet.com/2026/10/06/the-scot-redevelopment-announced/?utm_source=rss&utm_medium=rss&utm_campaign=the-scot-redevelopment-announced Tue, 06 Oct 2026 17:58:40 +0000 https://fstreet.com/?p=4547 F Street has acquired the historic Humphrey Scottish Rite Masonic Center at 790 N. Van Buren St. and will complete its conversion into The Scot, 22 luxury apartments in downtown Milwaukee.

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// Press release · Milwaukee, Wis. · Oct. 6, 2026

A landmark,
completed.

F Street has acquired the historic Humphrey Scottish Rite Masonic Center at 790 N. Van Buren St. and will complete its conversion into The Scot, 22 luxury apartments in downtown Milwaukee.

F Street today announced it has acquired 790 N. Van Buren St., the former Humphrey Scottish Rite Masonic Center, and will complete the building's redevelopment into The Scot, 22 luxury apartments with 20 underground parking stalls.

Designed by Edward Townsend Mix and built in 1889 as a church, the limestone landmark on Cathedral Square later became home to the Scottish Rite and has stood vacant since 2017. A conversion to apartments began in 2022 but stalled before completion. F Street purchased the property out of foreclosure and has engaged Marenzo Construction, with construction financing from Landmark Credit Union, to finish the work.

22Luxury apartments
1889Original construction, designed by E. Townsend Mix
20Underground parking stalls
790 N. Van Buren St.Site address
Spring 2027Pre-leasing begins
Fall 2027Est. completion

// The residences

The residences are among the largest apartments in downtown Milwaukee, ranging from roughly 855 to 4,400 square feet, with no two layouts alike. Several keep original features of the building, including a cathedral ceiling, exposed trusses, circular great rooms and the former stage. Amenities include a golf simulator, fitness center, saunas and a community room.

"This building has sat unfinished long enough. We know the block, we know the market, and we have the team and the capital to finish it right. The Scot will give downtown Milwaukee something it doesn't have today: large, one-of-a-kind homes inside a landmark."

Scott Lurie · Founder, F Street

// What's next

Construction resumes this fall. Pre-leasing is expected to begin in spring 2027, with completion targeted for fall 2027. The building will be managed by F Street's in-house team.

Leasing information and updates: fstreet.com

View the F Street portfolio

About F Street

F Street is a Milwaukee-based real estate investment and development firm focused on developing, building and acquiring real estate that creates lasting value and makes communities stronger places to live, work and grow. Learn more at fstreet.com.

Media contact
Nick Jung · F Street · 612-810-7023 · nick@fstreet.com

Construction, pre-leasing and completion dates are estimates and subject to change. This release is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any security.

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]]> F Street River West, LLC | Financing Closed, Construction Begins https://fstreet.com/2026/10/02/river-west-financing-closed-construction-begins/?utm_source=rss&utm_medium=rss&utm_campaign=river-west-financing-closed-construction-begins Fri, 02 Oct 2026 14:18:17 +0000 https://fstreet.com/?p=4530 The post F Street River West, LLC | Financing Closed, Construction Begins appeared first on F Street.

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// Press release · Avondale, Ariz. · Oct. 2, 2026

Financing closed.
Construction begins.

Class A industrial project in metro Phoenix moves to construction

F Street has closed financing for River West Commerce Center, a Class A industrial development in Avondale, Arizona. Construction begins Monday, October 5, 2026, with delivery expected in Q3 2027.

River West Commerce Center is a joint venture between F Street and Hopewell Development. Located on Indian School Road, the fully entitled project pairs a flexible 110,900 SF Class A industrial building with a 2.3-acre secured outdoor yard, a combination growing companies demand and few developers in the market are building.

110,900 SFClass A industrial
2.3 ACSecured outdoor yard
Oct. 5Construction begins
Q3 2027Expected delivery
40M+ SFIndustrial delivered, F Street and Hopewell combined

// The market

Phoenix has become one of the strongest industrial markets in the country, fueled by e-commerce, reshoring, and a wave of new semiconductor manufacturing. Much of the region's recent construction has been large-format space built for a handful of national tenants. River West is designed for the other end of the market: small and mid-size users who need modern space and secured yard and have few options to choose from.

"River West is exactly the kind of project we work to execute on: a market with deep tenant demand, a product type that is difficult to replicate, and a partner in Hopewell who knows Phoenix as well as anyone. We are grateful to the investors who backed this deal. The capital is in place, the site is ready, and on Monday we get to work."

Scott Lurie · Founder and Principal, F Street
Site plan of River West Commerce Center showing the 110,900 SF building and 2.3-acre yard area on Indian School Road

Site plan · River West Commerce Center · Indian School Road, Avondale, AZ

// The partnership

Hopewell brings a 30-year history, highly experienced full-service development team, and a local Phoenix team to the partnership. Collectively, F Street and Hopewell have delivered more than 40 million square feet of industrial space to various markets throughout the United States and Canada.

// Sustained growth

The closing caps a period of sustained growth for F Street. In the past two months alone, the firm broke ground on the second phase of its Town 9 Industrial campus in Germantown, Wisconsin, reached 100% occupancy at its Appleton, Wisconsin industrial property, and announced the redevelopment of the former UW-Milwaukee at Waukesha campus.

"Closing a raise and starting construction within days of each other is how we like to operate. Our investors trust us to move efficiently and to do what we say we will do. River West extends that approach as our second project in Arizona, into one of the best industrial markets in the country."

Nick Jung · Principal, F Street

// Offering status

The F Street River West, LLC offering is now closed to new investment. Investors interested in future F Street offerings can learn more at fstreet.com.

Download the press release (PDF) View the F Street portfolio

About F Street

Founded in 2009 and headquartered in Milwaukee, Wisconsin, F Street is a private investment firm with businesses spanning real estate lending, development, and acquisition. The firm has nearly $875 million in assets under management and a portfolio of more than 60 multifamily and industrial properties across 16 states. F Street's lending platform includes The Hard Money Co. and the F Street Private Debt Fund. Learn more at fstreet.com.

About Hopewell Development

Headquartered in Calgary, Alberta with offices in Phoenix, Toronto and Winnipeg, Hopewell Development is the commercial development/management division of the Hopewell Group of Companies. For almost 30 years, businesses of all sizes and in all industries have trusted Hopewell, one of North America's leading commercial real estate companies, to deliver intelligent and highly personalized real estate solutions.

Contacts
Media · Nick Jung, Principal, F Street · nick@fstreet.com
Investors · invest@fstreet.com · (414) 376-3276

Rendering and site plan are conceptual. Construction and delivery dates are estimates and subject to change. This release is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any security.

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]]> F Street Waukesha | Redevelopment Announced https://fstreet.com/2026/09/23/waukesha-redevelopment-announced/?utm_source=rss&utm_medium=rss&utm_campaign=waukesha-redevelopment-announced Wed, 23 Sep 2026 16:19:10 +0000 https://fstreet.com/?p=4516 The post F Street Waukesha | Redevelopment Announced appeared first on F Street.

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// Press release · Waukesha, Wis. · Sept. 23, 2026

A closed campus.
A new neighborhood.

F Street plans to redevelop the former University of Wisconsin–Milwaukee at Waukesha campus into a mixed-residential neighborhood. The Waukesha County Board on Tuesday authorized the sale of the 1500 N. University Drive site to F Street, and the firm today released its plan for the property.

The plan calls for approximately 70 single-family homes and approximately 580 market-rate multifamily units, delivered in phases. The multifamily component pairs two-story garden-style buildings with three- and four-story buildings, giving the site a range of housing types at a scale that fits the neighborhoods around it. The unit mix follows the City of Waukesha's own housing study.

~650Total households
~70Single-family homes
~580Market-rate multifamily
~20Habitat homes
Late 2026Est. demolition begins
2027Est. construction begins, multi-phase

"We built this plan around what the city's housing study and community leadership told us Waukesha needs. The demand is documented, and this site is the place to meet it; a connected neighborhood that delivers needed housing and stays compatible with what's already here."

Nick Jung · Principal, Acquisitions & Development, F Street

// Open and connected space

The master plan, designed by Milwaukee-based architecture firm RINKA, starts with the land. Green space, walking trails and open areas run through the entire site, using existing topography and natural features to buffer adjacent neighborhoods, improve connectivity and create a real transition between the new neighborhood and the existing one. Green space along N. University Drive and a sidewalk connection at Northview Road tie the site into the surrounding street grid.

Site plan overlaid on an aerial photo of the campus and surrounding streets

Preliminary site plan · RINKA · subject to city approvals

// Habitat partnership

A portion of the site's single-family homes will be built in partnership with Habitat for Humanity Waukesha-Jefferson-Rock. The Habitat homes front N. University Drive, with a walking path behind them connecting directly to nearby green spaces: attainable homeownership designed into the plan, not set apart from it. The project marks the affiliate's next major development on the scale of Domenica Park, which Habitat for Humanity completed this summer.

"We are so grateful to the City of Waukesha, Waukesha County and our partner F Street for trusting Habitat to be part of this transformational redevelopment. Twenty families will get to call this home, build stability alongside their neighbors, and be part of a true mix of housing options in a vibrant, connected community. This is exactly the work Habitat exists to do, just at a bigger scale, right here in Waukesha."

Melissa Songco · CEO, Habitat for Humanity Waukesha-Jefferson-Rock

"This is a long-term investment in Waukesha, not a transaction. A closed campus doesn't improve on its own; it takes capital, a real plan and a partner willing to see every phase through. We intend to be that partner for the County and the City, and to leave this corner of the community measurably better than we found it."

Scott Lurie · Founder, F Street

// What's next

The plan now moves to the City of Waukesha Plan Commission and, ultimately, the Common Council. Pending approvals, demolition of the former campus buildings is targeted to start in late 2026, with the first residential phases targeted to begin construction in 2027.

Project page & renderings Download the press release (PDF)

About F Street

F Street is a Milwaukee-based real estate investment and development firm focused on developing, building and acquiring real estate that creates lasting value and makes communities stronger places to live, work and grow. Learn more at fstreet.com.

About RINKA

RINKA is a design collective specializing in creative problem-solving and innovative placemaking to create meaningful experiences for people. They maintain a broad-based architectural practice that connects inspiring designs with practical and functional solutions. Learn more at RINKA.com.

About Habitat

Habitat for Humanity Waukesha-Jefferson-Rock partners with families, volunteers, donors and communities to expand access to affordable housing through homeownership opportunities and critical home repairs. Part of the global Habitat for Humanity network, the organization is currently building homes across Waukesha, Jefferson and Rock counties. Habitat for Humanity Waukesha-Jefferson-Rock is a 501(c)(3) nonprofit organization and Equal Housing Opportunity provider.

Media contact
Nick Jung · F Street · nick@fstreet.com
Melissa Songco · Habitat for Humanity Waukesha-Jefferson-Rock · melissa@habitatwaukesha.org

Renderings and site plan are preliminary and subject to change through the City of Waukesha approval process. Unit counts are approximate.

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]]> Wantable’s growing Harbor District headquarters, including cafe, is sold https://fstreet.com/2026/03/18/wantables-growing-harbor-district-headquarters-including-cafe-is-sold/?utm_source=rss&utm_medium=rss&utm_campaign=wantables-growing-harbor-district-headquarters-including-cafe-is-sold Wed, 18 Mar 2026 13:56:33 +0000 https://fstreet.com/?p=4128 The post Wantable’s growing Harbor District headquarters, including cafe, is sold appeared first on F Street.

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MILWAUKEE JOURNAL SENTINEL

Wantable Inc.’s expanding Harbor District headquarters, including the Wantable Café, has been sold to investment groups which are leasing the buildings back to the online personal styling retailer.

The neighboring buildings, at 123 E. Walker St. and 916-918 S. First St., were sold for $7.4 million to F Street Walker LLC and TCWB LLC – both affiliates of F Street Inc.

Read more

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]]> Nick Jung Named NAIOP Wisconsin Principal (Developer) of the Year https://fstreet.com/2026/03/12/nick-jung-named-naiop-wisconsin-principal-developer-of-the-year/?utm_source=rss&utm_medium=rss&utm_campaign=nick-jung-named-naiop-wisconsin-principal-developer-of-the-year Thu, 12 Mar 2026 21:05:23 +0000 https://fstreet.com/?p=4126 The post Nick Jung Named NAIOP Wisconsin Principal (Developer) of the Year appeared first on F Street.

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PRESS RELEASE

Milwaukee, WI – March 12, 2026 – F Street is proud to announce that Nick Jung has been named NAIOP Wisconsin’s 2025 Principal (Developer) of the Year, recognized at the organization’s Annual Meeting & Awards Ceremony held at Venue 3 in Milwaukee’s 3rd Street Market Hall.

The award honors Nick’s central role in shaping F Street’s investment strategy and driving high-impact development initiatives across the state. Beyond his work at F Street, Nick has been deeply involved in NAIOP Wisconsin’s strategic direction — serving as Board President, strengthening advocacy efforts, and expanding member engagement throughout the chapter.

“Nick’s recognition as Developer of the Year reflects the leadership and vision he brings to F Street and to the broader Wisconsin commercial real estate community every day,” said Scott Lurie, Founder of F Street. “His commitment to excellence — both within our firm and across the industry — continues to elevate everything we do.”

The ceremony brought together more than 250 industry leaders and highlighted six major awards. NAIOP Wisconsin was also celebrated as the 2024 NAIOP Chapter of the Year, the second time in eight years the state has earned the national association’s highest honor.

For more information about F Street and its development portfolio, visit fstreet.com.

Read the full article

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]]> Timmer’s Resort sells to auto group exec for $5M https://fstreet.com/2025/12/18/timmers-resort-sells-to-auto-group-exec-for-5m/?utm_source=rss&utm_medium=rss&utm_campaign=timmers-resort-sells-to-auto-group-exec-for-5m Thu, 18 Dec 2025 20:51:54 +0000 https://fstreet.com/?p=4037 The post Timmer’s Resort sells to auto group exec for $5M appeared first on F Street.

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MILWAUKEE BUSINESS JOURNAL

The sale of Timmer’s Resort to a member of the family behind the Russ Darrow Group of car dealerships has closed.

MWD Resort LLC paid $5 million for the roughly 6.5-acre property on Big Cedar Lake, according to a deed recorded Monday by the Wisconsin Department of Revenue. The entity is based in Menomonee Falls and registered to Russ Darrow Group Chief Financial Officer Justin Fehrman.

Mike Darrow, president and chief operating officer at Russ Darrow Group, spearheaded the acquisition.

As part of the sale, the resort is closed until March 15 for renovations and staff training, according to a post on social media.

Milwaukee-based F Street was the seller. The real estate developer acquired the property seven years ago.

Read more

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]]> Construction begins at F Street’s West Allis apartment development https://fstreet.com/2025/12/01/construction-begins-at-f-streets-west-allis-apartment-development/?utm_source=rss&utm_medium=rss&utm_campaign=construction-begins-at-f-streets-west-allis-apartment-development Mon, 01 Dec 2025 03:22:39 +0000 https://fstreet.com/?p=4031 The post Construction begins at F Street’s West Allis apartment development appeared first on F Street.

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MILWAUKEE BUSINESS NEWS

Milwaukee-based commercial real estate firm F Street is beginning construction on a $37 million apartment project in West Allis.

The 147-unit project will replace the former St. Aloysius church at 1405 S. 92nd St. The church closed in 2021 after merging with two other congregations and was demolished earlier this year.

“For years, residents have been asking what’s going to happen with this site,” said Ald. Suzzette Grisham at a groundbreaking ceremony this week. “Well, today, we can finally say something positive, beautiful and transformational will be coming.”

Read more

Want more? Check out what the Milwaukee Business Journal had to say about the project after recently attending the groundbreaking.

Interested in investing in this project? Check out the investor portal.

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]]> F Street Raises $30 Million for Private Debt Fund — Expands Offering Amid Growing Demand https://fstreet.com/2025/10/28/f-street-raises-30-million-for-private-debt-fund-expands-offering-amid-growing-demand/?utm_source=rss&utm_medium=rss&utm_campaign=f-street-raises-30-million-for-private-debt-fund-expands-offering-amid-growing-demand Tue, 28 Oct 2025 14:16:58 +0000 https://fstreet.com/?p=4014 The post F Street Raises $30 Million for Private Debt Fund — Expands Offering Amid Growing Demand appeared first on F Street.

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PRESS RELEASE

Milwaukee, WI – October 28, 2025 – F Street is proud to announce the successful raise of $30 million for its Private Debt Fund, marking another milestone in our mission to provide investors with access to high-yield, secured private credit opportunities. This latest raise underscores the growing appetite for private credit as investors continue to seek diversification beyond traditional stocks and bonds.

Private credit — once reserved for institutions and ultra-high-net-worth individuals — is rapidly becoming an essential component of a balanced alternative investment portfolio. As banks have tightened lending standards, direct private lenders like F Street are filling the gap, funding real estate and business projects that deliver both community impact and strong, risk-adjusted returns.

Alternative Credit Investor:  F Street raises $30m for private debt fund

To meet continued demand and fuel the expansion of our lending services, F Street is opening an additional $5 million in investment capacity within the Private Debt Fund. This extension allows accredited investors to participate in a proven, income-producing strategy backed by real assets and experienced underwriting.

“Private credit continues to play an increasingly important role in today’s financial landscape,” said Scott Lurie, Founder and CEO of F Street. “Investors want access to stable, asset-backed returns — and that’s exactly what our Private Debt Fund delivers. We’re proud to continue growing with the confidence of our partners and investors.”

With a focus on transparency, performance, and disciplined lending, F Street remains committed to expanding access to private credit while driving meaningful economic growth through its lending platforms.

Interested in investing? Click to get started

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]]> More apartments opening at Oak Creek’s Lakeshore Commons early next year https://fstreet.com/2025/10/17/more-apartments-opening-at-oak-creeks-lakeshore-commons-early-next-year/?utm_source=rss&utm_medium=rss&utm_campaign=more-apartments-opening-at-oak-creeks-lakeshore-commons-early-next-year Fri, 17 Oct 2025 19:13:58 +0000 https://fstreet.com/?p=4004 The post More apartments opening at Oak Creek’s Lakeshore Commons early next year appeared first on F Street.

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MILWAUKEE BUSINESS JOURNAL

The next phase of the Lakeshore Commons development in Oak Creek soon will bring another 74 residences to the Lake Michigan living community.

Scott Lurie, founder of real estate firm F Street, told the Business Journal that the first of the two-building Summit apartments complex is on track to open early next year. It broke ground this past December.

Read more

Interested in Summit Apartments? Check out the website.

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]]> West Bend annexes and rezones 100 acres for industrial development https://fstreet.com/2025/06/23/west-bend-annexes-and-rezones-100-acres-for-industrial-development/?utm_source=rss&utm_medium=rss&utm_campaign=west-bend-annexes-and-rezones-100-acres-for-industrial-development Mon, 23 Jun 2025 14:53:55 +0000 https://fstreet.com/?p=3624 The post West Bend annexes and rezones 100 acres for industrial development appeared first on F Street.

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MILWAUKEE BUSINESS NEWS

The City of West Bend is working with Milwaukee-based real estate company F Street to develop a new business park with potentially more than 1 million square feet of industrial space on the southeast side of the city.

Earlier this week, the city’s Plan Commission rezoned approximately 107 acres near the southwest corner of Rusco and River roads for manufacturing uses. Earlier this year, the city annexed the land from the Town of West Bend in order to connect it to city sewer and water systems, according to city documents.

The development will be known as Crossrail Commerce Center, according to F Street.

F Street is working with commercial real estate firm Colliers to market the property for sale or lease. with concept plans showing up to 10 built-to-suit lots available. A 10-acre lot is shown as having a pending sale.

Read more

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