As published in National Real Estate Investor The COVID-19 pandemic closed the doors of many businesses and forced consumers to stay home, causing a ripple effect throughout the commercial real estate sector. As consumer spending changed in some areas and stopped altogether in others, businesses suddenly found themselves struggling to pay rents. Consequently, property owners came up short on their mortgages, which has left banks struggling to collect payments or renegotiate payment terms. The impacts of coronavirus-related shutdowns vary based on the subdivided sectors that ... Read More
Running Rebels Receives Generous Donation From Milwaukee-Based Commercial Real Estate Firm Phoenix Investors
As published on PR Newswire MILWAUKEE, July 13, 2020 — Running Rebels, a Milwaukee-based nonprofit organization serving local youth, announced they received a generous donation from Frank P. Crivello, Phoenix Investors' Chairman & Founder. The contribution—which includes sanitizer stations, PPE, a fleet of bicycles, and biking safety equipment—totals close to $25,000; the donated materials are intended to help Running Rebels adjust and continue their mission and daily operations amidst the challenges of the COVID-19 pandemic. "We are extremely grateful to Phoenix Investors for their ongoing support and generosity. 2020 has ... Read More
After purchasing the former Maytag sites in 2019, Phoenix Investors has worked to rehabilitate and improve upon the parcel in Galesburg. Renovations were initially delayed by COVID-19; efforts have since accelerated and an anticipated completion date of early 2021 has been proposed. Galesburg has expressed gratitude for Phoenix Investors and their history of successful renovations. Read the full article by The Register-Mail.