Milwaukee

Sellers Absorbent Raising $2.2 Million in Debt

As reported on biztimes.com written by Molly Dill A company affiliated with Milwaukee-based Sellars Absorbent Materials Inc. is raising $2.2 million in debt, options, and securities, according to a new SEC filing. The filing indicates Sellars Mezz Debt Investors LLC has so far raised $800,000 from two investors. The round began July 19. Tom Sellars, chairman, and chief executive officer of Sellars Absorbent, said the company has expanded its financing with its banks, and the $2.2 million is part of that financing, to be used ... Read More

2020-05-07T18:45:51+00:00August 3rd, 2018|Articles, Frank Crivello, Frank P. Crivello, Milwaukee|

J.C. PENNEY’S WAUWATOSA DISTRIBUTION CENTER SOLD FOR $31.3 MILLION

As reported in Biztimes.com By Corrinne Hess An affiliate of Milwaukee-based Phoenix Investors purchased the JCPenney Logistics Warehouse and Furniture Outlet Center in Wauwatosa for $31.25 million. The 2 million-square-foot building is located on 77 acres at 11800 W Burleigh St., just west of I-41. The property is assessed by Milwaukee County for $22.8 million. J.C. Penney Co. announced on Feb. 13 it would close the distribution center and call center beginning this summer and lay off a total of 670 employees. Phoenix Investment plans ... Read More

Ryan Trost

As reported in Milwaukee Business Journal: 40 Under 40 Award Winner: Senior vice president-finance, Phoenix Investors LLC | Age: 31 Photo Credit: Scott Paulus In college, Ryan Trost sold burial plots. Today, he’s enjoying a much livelier career with Phoenix Investors… Read the full story here About Phoenix Investors In 1991, Frank P. Crivello created two private trusts, Irrevocable Children’s Trust and Irrevocable Children’s Trust No.2 (the “Trusts”), for the benefit of his children, Joseph and Anthony Crivello. Later that year, through their ... Read More

2020-05-07T18:39:00+00:00February 17th, 2017|Articles, Awards, Frank Crivello, Frank P. Crivello, Milwaukee, Phoenix Team|
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