#United States #Madison #Madison WI #JVM Realty #Wrenfield

JVM Realty Corp. Expands Its Portfolio in Wisconsin

JVM Realty Corporation, a prominent name in the multifamily real estate sector, has announced its recent acquisition of Wrenfield at Pleasant View, a luxury apartment complex located in Madison, Wisconsin. This move marks a significant enhancement to JVM's real estate portfolio in the region.

The newly acquired community, featuring 300 units, was previously known as Springs at Pleasant View. The purchase was completed from Continental Properties, with Berkadia acting as the broker. Renovated and rebranded, Wrenfield at Pleasant View showcases a modern townhome-style design spread across 15 two-story buildings on an expansive 17.73-acre site. The buildings were completed in 2022 and offer spacious one-, two-, and three-bedroom units averaging over 1,000 square feet. These units include high-end features such as open kitchens equipped with stainless steel appliances and granite countertops, designer plank flooring, and walk-in closets. Many units additionally provide upgraded amenities like soaker tubs and custom closet organizers, creating a luxurious living experience for residents.

In speaking about this acquisition, Jay Madary, President and CEO of JVM Realty, expressed enthusiasm about the new addition to their Wisconsin portfolio. He noted, “Wrenfield at Pleasant View represents another exceptional addition to our Wisconsin portfolio and marks our third acquisition from Continental Properties. With limited new supply in the area and robust employment growth, Madison remains one of the strongest multifamily markets in the Midwest.”

The community offers a wide range of resort-style amenities that cater to the residents' lifestyle needs. These include a heated swimming pool, a fully equipped fitness center open 24 hours, various leisure spaces in the clubhouse, and onsite facilities for pets, such as dog parks and a pet spa area. This holistic approach to amenities reflects JVM’s commitment to enhancing the resident experience.

Wrenfield at Pleasant View is strategically located in Madison's West submarket, near key areas like Verona and Middleton, ensuring easy access to the Beltline Highway and downtown Madison. The position also offers proximity to major employers, most notably Epic Systems, a leading healthcare software company contributing to a growing job market in the area. Madison supports over 232,000 jobs, and its educational institutions, including the University of Wisconsin, underscore its commitment to a skilled workforce and vibrant community culture.

“Maximum success for us is forging strong and enduring relationships between best-in-class buyers and sellers,” shared Pete Evans, senior managing director of investment sales at Berkadia Chicago. “JVM's ability to maximize competitive advantages while driving revenue through proven strategies truly complements the innovative design of Continental Properties.”

With this newest acquisition, JVM Realty continues to enhance its presence in Southeast and Central Wisconsin, now owning and managing 21 communities throughout the greater Midwest. Their history since 1975 showcases a dedication to excellence and integrity, making them a respected choice among investors, residents, and industry partners alike.

As JVM Realty expands its footprint, they remain committed to adding value for both residents and investors, embodying their mission to create living environments that fulfill the diverse needs of their communities. For further details about JVM Realty, visit their official website at www.jvmrealty.com.