Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, announced that its latest Delaware statutory trust offering, Trilogy Franklin WI Multifamily DST, has been fully subscribed. Approximately $58.5 million in equity proceeds from the offering, along with $43.1 million in debt financing, were used to acquire Velo Village Apartments — a 265-unit, Class A luxury multifamily community located in the Milwaukee suburb of Franklin, Wisconsin.
Velo Village is located fifteen miles from downtown Milwaukee off Highway 36 at 7235 S. Ballpark Drive. Built in 2020, the community consists of 265 one-, two-, and three-bedroom apartment homes averaging 988 square feet. Residents enjoy luxury finishes that are on-trend with single-family homes. The access-controlled community features a resort-style heated pool with a sun shelf and loungers, a state-of-the-art fitness center with retractable walls and Precor and Les Mills equipment, reservable elec
