#Trilogy Real Estate #Velo Village #Franklin Wisconsin

Trilogy Real Estate Group Reports Full Subscription for Luxury Multifamily Project

On March 24, 2025, Trilogy Real Estate Group, a prominent real estate investment and property management firm headquartered in Chicago, made headlines by announcing that its latest Delaware statutory trust offering, known as the Trilogy Franklin WI Multifamily DST, has been fully subscribed. This milestone represents a significant achievement for the company, reflecting the confidence investors have in Trilogy's strong track record and its ability to identify and capitalize on prime real estate opportunities.

The offering successfully garnered approximately $58.5 million in equity financing alongside $43.1 million in debt financing, which facilitated the acquisition of the luxurious Velo Village Apartments. This expansive multifamily community, situated in the suburb of Franklin, Wisconsin, comprises 265 units categorized as Class A luxury residences.

According to Matt Leiter, the Chief Commercial Officer at Trilogy Real Estate Group, “The successful sellout of the DST reflects strong investor confidence in Trilogy's track record and our commitment to expanding in key markets across the Midwest and Southeast.” This sentiment underscores Trilogy's strategic positioning within an evolving real estate landscape, bolstered by consistent demand for multifamily living spaces in premier locations.

Key Features of Velo Village Apartments

Velo Village, located just fifteen miles south of downtown Milwaukee, occupies an ideal spot off Highway 36 at 7235 S. Ballpark Drive. The community, completed in 2020, consists of 265 modern apartment homes, ranging from one- to three-bedroom layouts with an average size of 988 square feet. Residents enjoy an array of luxury finishes that are thoughtfully designed to meet contemporary living standards.

This access-controlled community offers a plethora of amenities designed for active living and leisure. Among the highlights are a resort-style heated pool complete with sun shelf lounges, a cutting-edge fitness center featuring retractable walls with advanced equipment from Precor and Les Mills, and access to reservable electric bikes. For pet owners, the complex includes a pet spa, an enclosed dog park, and heated underground parking.

Notably, residents at Velo Village benefit from easy access to both suburban and downtown employment hubs. The location also serves as a gateway to the Oak Leaf Trail, a sprawling 135-mile multi-use trail system, allowing for numerous connections leading throughout the Milwaukee metro region. Additionally, Velo Village integrates seamlessly within the larger Ballpark Commons, a 200-acre sports and entertainment hub attracting approximately 300,000 visitors annually.

Milwaukee boasts a vibrant economy and is known for its concentration of Fortune 500 companies, ranking #4 nationwide in headquarters per capita. Major local employers include Northwestern Mutual, Aurora Health Care, and Ascension, contributing to the area's appeal for both residents and investors.

About Trilogy Real Estate Group

Trilogy Real Estate Group specializes in acquiring, developing, and managing residential properties primarily across the Midwest and Southeast United States. With an impressive portfolio comprising more than 16 investment offerings, including Delaware statutory trusts and qualified opportunity zone funds, Trilogy has successfully managed assets valued over $5.5 billion since its inception in 2002.

The firm consistently receives recognition for its management prowess and has an