PPR Capital Management (PPR), a private equity real estate investment firm, announced the acquisition of The Villas at Foxwood, a 232-unit townhome-style multifamily community in Brown Deer, Wis., about 15 minutes northwest of downtown Milwaukee. This $38.3 million acquisition represents PPR's first investment in the Milwaukee Metropolitan Statistical Area (MSA) and marks the firm's expansion into the upper Midwest region.
The property spans 21 acres and features amenities including private entrances, attached garages, fireplaces and in-unit washers and dryers. With current rental rates below market value, The Villas at Foxwood presents a compelling value-add opportunity. PPR plans to implement modernized unit upgrades such as stainless-steel appliance packages and premium flooring.
“The Villas at Foxwood acquisition aligns perfectly with our evolving investment strategy focusing on communities with strong fundamentals in growing markets,” said Steve Meyer, CEO at
