#United States #Milwaukee #JVM Realty #Mayfair Reserve #Wauwatosa

JVM Realty Corp. Enhances Portfolio with Mayfair Reserve Acquisition

JVM Realty Corp., a major player in the multifamily real estate sector, has announced its latest acquisition of the luxurious Mayfair Reserve. This community, located in Wauwatosa, Wisconsin, features 236 upscale apartment units and provides a high-quality living experience for its residents. The purchase marks an important step for JVM Realty as it continues to expand its portfolio in thriving markets.

This luxurious property was purchased from Atlantic Residential, a private firm known for its commercial real estate projects. The acquisition underscores JVM Realty’s strategic intent to secure premium investment opportunities in competitive locations. As Jay Madary, the president and CEO of JVM Realty, highlighted, Mayfair Reserve fits perfectly with the firm's goals, bolstered by the absence of competing developments in the area and recent road improvements enhancing access.

Property Details and Amenities

Located on a sprawling five-acre site at 11011 W. North Avenue, Mayfair Reserve was completed in 2017 and offers a selection of elegant one- and two-bedroom apartments. Each unit is designed with high-end features that residents expect from JVM properties, including:

• - Spacious open kitchens outfitted with stainless steel appliances and quartz countertops
• - Premium lighting and plumbing fixtures
• - Designer plank flooring
• - Generous closet space
• - Full-size washers and dryers
• - Select units featuring private patios or balconies and frameless glass showers

Additionally, the community boasts extensive amenities aimed at enhancing residents' lifestyles. Among the highlights are:

• - A fully equipped 24-hour fitness center with dedicated areas for yoga and spinning
• - A clubhouse featuring dining and entertainment spaces, complemented by a coffee bar
• - A resort-style swimming pool complete with sun loungers and cabanas
• - An outdoor kitchen with grilling stations for social gatherings
• - Climate-controlled garage parking, along with an electric vehicle charging station
• - A dog park and pet washing area for pet lovers

The amenities reflect JVM's commitment to providing quality living spaces that cater to modern needs.

Community and Accessibility

Mayfair Reserve is strategically located at the intersection of I-41 and I-94, placing it just 15 minutes away from Milwaukee Mitchell International Airport. The property also benefits from its proximity to the Milwaukee Regional Medical Center—Wisconsin’s largest medical campus, supporting over 20,000 jobs. Notably, most of Milwaukee’s Fortune 1000 headquarters can be found within a ten-mile radius, further enhancing the community's appeal.

Residents also have easy access to popular nearby attractions, including golf courses, parks, and the iconic Mayfair Mall, which is the largest shopping destination in Wisconsin. Milwaukee, recognized for its vibrant economic base and famous breweries, offers a rich cultural experience.

Chosen as the third property in Southeast Wisconsin within JVM's expanding portfolio, Mayfair Reserve will seamlessly integrate into JVM's property management system. The acquisition reinforces JVM Realty's position, which now includes 22 communities across the Midwest.

About JVM Realty Corp.

JVM Realty Corporation has earned a respected reputation as a leader in the multifamily real estate investment and management landscape in the Midwest. With over 45 years of dedicated service, the firm has remained committed to excellence and integrity. JVM Realty manages a diverse portfolio valued at approximately $1.4 billion, encompassing properties across Illinois, Indiana, Kansas, Missouri, and Wisconsin. To learn more about JVM Realty, you can visit www.jvmrealty.com.

Conclusion

The addition of Mayfair Reserve to JVM Realty's portfolio not only exemplifies its strategic growth but also highlights its commitment to providing quality housing options in desirable locales. With a focus on high standards, JVM Realty is set to uphold the legacy of excellence established by previous developers, ensuring that residents enjoy a luxurious living experience in Wauwatosa.