PRESS RELEASE
Milwaukee, WI (October 20, 2024) — F Street, is pleased to announce the successful completion of its capital raise for the Summit Apartments Phase 1 project. The $6,450,000 equity requirement has been fully funded, paving the way for the next phase of development.
F Street would like to extend its sincere gratitude to the project collaborators, including RINKA, Stevens Construction, Summit Credit Union, and the City of Oak Creek, for their invaluable contributions to the project’s success.
In conjunction with this announcement, F Street is excited to launch the capital raise for F Street OCLV MF 3, the second phase of the Summit Apartments development. This new investment opportunity offers investors the chance to participate in the construction of a $6,350,000 project that will begin in March 2025.
“We are thrilled to have achieved full funding for F Street OCLV MF 2 and to be launching the capital raise for F Street OCLV MF 3,” said Scott Lurie, Founder of F Street. “This continued success is a testament to the strength of our investment strategy and the confidence of our investors in our ability to deliver exceptional multifamily projects.”
F Street remains committed to its mission of creating vibrant, sustainable communities. The Summit Apartments project is a key component of the company’s ongoing development efforts in the Lakeshore Commons area of Oak Creek, WI.
For more information about F Street OCLV MF 3 and the investment opportunities available, please visit www.fstreet.com or contact the F Street team.
About F Street
F Street is a premier real estate investment and development firm headquartered in Milwaukee, Wisconsin. The company specializes in the acquisition and development of high-quality commercial and residential properties in Wisconsin and beyond. F Street is committed to creating dynamic and sustainable communities that enrich the lives of residents and contribute to the economic vitality of the regions it serves.
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Media Contact:
Nick Jung
Director of Development
nick@fstreet.com
(612) 810-7023
