Cardinal is proud to be the developer for the new construction of 7Penn Apartments, a 66 market-rate development with commercial space in downtown Sheboygan, Wisconsin. 7Penn has reached a significant milestone in raising equity to finance the project. PNC OpZone Community Development Fund, Inc. is bringing nearly a $7MM investment to allow for the commencement of construction. Cardinal is excited to be amongst the first round of recipients of the PNC OpZone Community Development Fund, Inc. Opening fall 2019.
Our Pasadena Apartments in Wauwatosa is an example of a strong real estate investment. We built an attractive building in the heart of an established neighborhood with thriving businesses, many jobs, and great schools nearby. Adding a modern housing option, such as Pasadena, to an older neighborhood produces substantial benefits for its economy and for its residents.