Baileys Harbor
REAL ESTATE
Marcus & Millichap Closes Sale of Pine Grove Resort in Wisconsin
Marcus & Millichap has closed the sale of Pine Grove Resort, a 45-room hotel property located on the shores of Eagle Harbor in Ephraim, Wisconsin. “This was truly a unique opportunity to acquire a hospitality asset in the extremely desirable and seldom available Door County area,” said Jon Ruzicka, first vice president investments. Ruzicka, Joseph Ferguson, Jared Plaman and Jake Erickson, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, and procured the buyer. Todd Lindblom, Broker of Record in Wisconsin, assisted in the transaction.
Sturgeon Bay passes two financial incentives for two housing projects
On Tuesday evening, the Sturgeon Bay Common Council approved two recommendations by the Finance/Purchasing & Building Committee that will provide two development incentives to move the respective projects forward. The first recommendation was a request for financial assistance for a 10-unit duplex development on North 15th Avenue being built by...
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