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The city of Madison is making progress on the housing front, as total net new homes through the first nine months of the year have already surpassed the total for all of 2025, according to the latest update to city’s Housing Tracker.

The tracker shows a total of 2,424 net new homes of all types have been completed through Sept. 30, compared to 2,328 net new homes completed in all of 2025.

Net new homes include total new homes created minus demolitions.

The Housing Tracker counts each individual dwelling unit — a single-family home, a duplex, or an apartment unit — as a home.

With 4,750 new homes completed since the Housing Tracker was launched in 2025, Madison is now 32% of the way to its goal of 15,000 new homes by 2030...

HOUSING TRACKER

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RSK: I would think the number of single family homes was quite small, maybe even minute.

Ken Notes: Great data in the Tracker, now how do we get owner occupied workforce housing in the community.

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RSK: The political side of the data center debate.

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We offer the experience, quality and service you deserve, but with the personal attention and dedication that only a family business can provide. We’re not just your landlord, we’re partners in your success.

The city of Madison’s proposed data center regulatory framework would limit the size of new data centers, prohibiting so-called “hyperscale” data centers larger than 100,000 square feet and data center campuses in the city limits, the city announced Tuesday.

The city’s Department of Planning & Community & Economic Development will hold a virtual public information meeting on Oct. 27 to update the public on its draft framework for proposed zoning regulations for data centers within city limits.

Oct. 27

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RSK: Madison joins the growing ranks of dumbing down data centers for now until issues get sorted out.

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The Madison Office Lifestyle Portfolio consists of 13 Class A, amenity-rich office properties ranging in size from approximately 25,000 square feet to over 300,000 square feet and is home to more than 130 tenants. The portfolio is located on the west side of Madison and Middleton, with the majority of properties situated in the Far West submarket.

It’s likely the end of the road for the Wonder Bar after Madison’s Plan Commission unanimously approved an application this month to tear down one of the city’s more storied buildings and redevelop its site.

Demolition of the Wonder Bar, along with the nearby Coliseum Bar across from Olin Park, would allow for redevelopment of the property, which has sat vacant for five years. This summer, Range Hill Partners presented initial plans to build a seven-story apartment building with roughly 190 units. Apartments would range from studio to three-bedroom units, and the building would have over 1,600 square feet of ground-floor commercial space.

Range Hill’s Dan Kennelly, a Bay Creek neighborhood resident, said the location at the intersection of Olin Avenue and John Nolen Drive is “an important location in the city” and the project is in line with the city’s comprehensive plan for the area, which calls for denser mixed-use development.

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RSK: A bit on the sad side, but a higher and better use for the site. The building is in such a disarray of repair, it would be less expensive to construct a similar one from scratch.

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“At Investors Associated, we make it easy for brokers to match clients with well managed, high quality spaces. Our team prioritizes clear communication, quick turnaround times, and a seamless leasing experience. Partner with us to provide your clients with properties backed by dependable service and long term value.”

Global spending on data centers and other digital infrastructure is accelerating amid an artificial intelligence arms race. But for companies to see a return on this massive investment, they will need to generate trillions of dollars of new AI revenue that doesn’t exist today, according to a report released this week.

The report from consulting firm Bain & Co. projects that the artificial intelligence industry will need to generate $6T in annual revenue by 2031 to justify the unprecedented wave of capital pouring into data center development.

Existing AI services — both consumer-facing products and enterprise AI applications — could generate up to $1.8T of that total, the report’s authors estimate. But that leaves a $4.2T gap in annual revenues that will have to emerge in the next four and a half years...

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RSK: And they way things are shaping up, those tax advantages me be dissipating fast.

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Developer and Madison native Julian Walters on Wednesday opened the 44 unit Park Lofts building that includes apartments and services for young adults who have aged out of foster care, according to a report in the Wisconsin State Journal.

Walters, president of Eminent Development Corp., was born into foster care and led the development of the $17 million facility, located at 1150 S. Park St.

Of the 44 units, 11 are dedicated to young adults who are former foster care youths and there is space for the support services of JustDane, which advocates for underserved populations.

Seven of the 11 units are already leased...

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RSK: Sometimes the best feeling comes from giving back....and this is one of them.

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RSK: Just a quick tidbit on high office rents in certain metros....and they are leasing up.

CARW Deal of the Year Awards and Annual Meeting

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Developers around the country are continuing to scrap commercial projects as soaring diesel prices and the rising cost of construction materials are breaking the budgets of long-planned undertakings. 

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RSK: Getting to the point where unless you find a building that suits your needs pretty much as is, it doesn't make sense to buy and rehab.

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With over 350 experienced real estate professionals, Knight Barry provides exceptional support and service. Visit our website for more information about our 50+ commercial and residential offices throughout Wisconsin, Michigan, and Minnesota.

MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700

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RSK: Madison had a slight lull with landlords giving some rent concessions, but there are several large projects coming online.

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With the largest Real Estate Practice of any law firm in Wisconsin, Reinhart offers clients custom-tailored real estate insight.

The former General Motors plant in Janesville was a cornerstone of the city’s economy for decades, peaking at more than 7,100 workers in 1977 before the main assembly line closed in 2008 during the Great Recession.

The factory was ultimately torn down and the 250-acre site, which was also home to Janesville Auto Transport Co., still sits idle today. It may remain unused for years longer if a referendum on the city’s Nov. 3 ballot passes.

A group called “No Janesville Data Center” was part of what persuaded members of the Janesville City Council to drop a developer’s plan for an 11-building data center campus this year.

Emboldened by that victory, which was partly due to lack of public transparency, the same “No” group is now behind a referendum to limit how much could be invested to pump new life into the GM/JATCO site...

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RSK: I have to agree with Tom on this one. Be careful for what you wish for...you just might get it all and then some.

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Since 1971, St. John Properties has designed, developed, and managed spaces that fit every type of business. Our team anticipates and serves the needs of over 2,700 clients, including small, mid-sized, and large companies, nationwide.

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RSK: It seems to have slowed in Madison somewhat but there are several large ones in the pipeline.

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Park Towne is a family run Madison-based real estate company serving southern Wisconsin for over 50 years. Led by second generation brothers Mike, Jim and Joe Ring, Park Towne has a portfolio of for-lease commercial properties and offers development, management and brokerage services.

(WLUK) -- A federal grant is helping rural business development projects across Wisconsin.

The USDA announced $1.024 million in investments in 11 rural business projects through USDA’s Rural Business Development Grants Program. The grant projects will support business growth and rural prosperity across Wisconsin by helping create new jobs, strengthen local economies, and expand economic opportunities for rural communities.

In total, the 11 organizations are receiving $1,024,615 in grants from USDA Rural Development. Rural Business Development Grant Project Details:...   ...Full Story Here

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WATERLOO, WIS. — CBRE has arranged the sale of a 10.7-acre parcel in Waterloo that will be developed into Drumlin Fields Apartments, a 96-unit, garden-style apartment community. Drumlin Fields Waterloo LLC, an affiliate of Brew City Capital Group, purchased the property from Rolling Meadows Apartments LLC for $1.1 million. Waterloo is located approximately 25 miles northeast of Madison, Wis. CBRE’s Sean Beuche, Matson Holbrook and Gretchen Richards represented the seller in the transaction.

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While state lawmakers and both candidates in Wisconsin’s race for governor say they want individual communities to have the final say in data center development, local policymakers say that approach puts them in a tricky position.

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Question:
 
Answer:
 
Yes. A buyer may use the Seller Payment to Firm Working with Buyer Client provision in the revised offer to purchase to ask the seller to pay some or all of the compensation the buyer owes under the buyer agency agreement, even when the same firm represents both the buyer and seller.
 
In a multiple representation relationship, the same firm represents both parties. The firm has separate agency agreements with the buyer and seller, and each agreement establishes its respective client's compensation obligations.
 
The buyer may request that the seller pay an amount toward the compensation owed under the buyer agency agreement. The seller may accept, reject or negotiate that request. If the seller agrees, the payment reduces the amount the buyer owes the firm under the buyer agency agreement. It does not automatically change the compensation the seller owes under the listing contract.
 
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	The Gialamas Company, Inc.	RFA Asset Management Madison, WI	Key Commercial Real Estate, LLC
Madison Commercial Real Estate LLC	St. John Properties	IA Management, LLC	Wisconsin Commercial Real Estate
Park Towne Realty LLC	Mullins Group, LLC	Crown Commercial	Flad Development & Investment Corp.
Evans Properties, LLC	Keller Real Estate Group		MIG Commercial Real Estate, LLC
First Weber Group, Inc - West Towne	Opitz Realty, Inc.	First Weber Group, Inc - Prairie Du Sac
The Lenhart Company, Inc	Scott Faust & Associates	Shamrock Real Estate Services, LLC	Targa, Inc
Executive Management, Inc	Stark Commercial - East	Urban Land Interests	Slinde Realty Company
Assist-2-Sell/Pohlkamp & Associates	Berkshire Hathaway Home Services Matson Real Estate	Artisan Graham Real Estate

Hovde & Hovde, Inc

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