OAK CREEK, WI – August 11, 2023 — Today, F Street proudly announced the successful completion of a $3,080,000 investment capital raise for F Street OCLV NT, LLC. The completion of this raise, as well as closing on the construction loan, will commence the development of a new, $12.3 million premier 28-unit multifamily townhome project in the desirable Lakeshore Commons community of Oak Creek, Wisconsin.
“We are deeply gratified by the trust our investors have placed in F Street and our vision for the Ivy Townhomes project,” said Josh Lurie, Principal and Vice President of Investor Relations. “This capital raise not only signifies the strength and appeal of our development strategy but also underscores the potential of the Lakeshore Commons community.”
A Vision for Lakeshore Commons
The new Ivy Townhomes development, strategically positioned along the north end of Oak Creek’s Lakeshore Commons, promises to offer residents a blend of modern living amenities with the serenity of a well-planned community. Designed by RINKA, each rental unit will boast state-of-the-art design, high-quality finishes, and have access to the clubhouse amenities that are currently enjoyed by all townhome and single-family residents.
The Lakeshore Commons community, known for its balance of natural beauty and modern infrastructure, will benefit greatly from this addition, further solidifying its status as one of the most sought-after addresses in the area and along the coast of Lake Michigan.
To view F Street’s available offerings, please visit the investment portal.