MILWAUKEE, WI—The Midwest is grappling with a significant housing crisis characterized by surging demand, limited supply, and economic challenges reshaping communities. In response, Wangard Partners introduced the Midwest Multifamily Fund, a $100 million initiative dedicated to addressing these pressing issues through developing and acquiring Class A and B multifamily properties across key Midwest markets.
The region's housing shortage has increased rental costs, housing insecurity, and mounting pressures on local economies. Wangard Partners is committed to alleviating these challenges by making strategic investments that promote sustainable, high-quality housing solutions. With decades of real estate expertise, the firm aims to make a meaningful contribution to resolving the housing crisis while delivering lasting value to investors and communities.
The housing crisis in the Midwest represents a critical socio-economic issue; our Midwest Multifamily Fund is not merely an investment vehicle; it is a proactive measure designed to address housing shortages, promote economic stability, and support community resilience.
Burton J. Metz, President, Investments and Acquisitions, Wangard Partners, Inc.
Navigating Economic Challenges in Construction
Recent policy changes, including imposing a 25% tariff on steel and aluminum imports, will significantly impact construction costs. These tariffs have increased expenses for essential building materials, affecting housing affordability and project feasibility. Wangard Partners recognizes these challenges and is dedicated to implementing strategies that mitigate cost impacts, ensuring the delivery of quality housing solutions despite economic headwinds.
Leadership With a Vision
Under the leadership of CEO Matt Moroney, Wangard Partners is well-positioned to navigate these complexities. Moroney brings a wealth of experience from his tenure as Deputy Secretary of the Wisconsin Department of Natural Resources. His extensive background in regulatory, environmental, and project approval processes enhances the firm's ability to effectively manage development challenges and deliver projects that meet community needs.
Targeted Development for Maximum Impact
The fund will prioritize developments in regions experiencing acute housing deficits, focusing on projects that stimulate local economies, generate employment opportunities, and provide long-term benefits to investors and residents. Analyses from industry experts underscore the strategic significance of multifamily real estate investments in the Midwest, highlighting robust financial prospects and the potential for substantial social impact.
Proven Success in the Midwest Market
Wangard Partners manages over 1,400 units, with an additional 2,000 units under construction or in the pipeline. With over $500 million in assets under management and a proprietary site selection process evaluating over 20 critical metrics, Wangard ensures each investment is strategically positioned to achieve maximum returns.The launch of the Midwest Multifamily Fund represents a unique opportunity for investors to partner with a seasoned operator in one of the most stable real estate markets in the United States.
Wangard's Midwest Multifamily Fund offers a strategic avenue for investors to engage with the dynamic Midwest multifamily market. Our Experience and careful investment selection aim to provide investors with a platform for growth in a region with strong economic indicators.
- Burton J. Metz, President, Investments and Acquisitions, Wangard Partners, Inc.
For more information about the Midwest Multifamily Fund and investment opportunities, please visit Wangard.com.
