T
rilogy Real Estate Group, a Chicago-based real estate investment and property management firm, has successfully completed its latest Delaware statutory trust offering. The Trilogy Franklin WI Multifamily DST attracted significant investor interest, raising $58.5 million in equity proceeds to acquire Velo Village Apartments, a 265-unit luxury multifamily community in Franklin, Wisconsin.

    "We're thrilled with the strong response from investors," said Matt Leiter, chief commercial officer of Trilogy Real Estate Group. "Our track record and commitment to expanding in key markets have resonated with investors seeking high-quality opportunities."

    Located just 15 miles from downtown Milwaukee, Velo Village offers residents a luxurious living experience with access-controlled amenities including a heated pool, state-of-the-art fitness center, electric bikes, pet spa, dog park, and underground parking. The community is situated within the Ballpark Commons sports and entertainment destination, attracting over 300,000 tourists annually.

    Milwaukee's thriving economy, ranked #4 in Fortune 500 headquarters per capita, provides a strong foundation for Velo Village's success. Major local employers include Northwestern Mutual, Aurora Health Care, and Ascension.

    Trilogy Residential Management, the firm's award-winning property management company, will oversee the community's operations. With over $2.6 billion in total assets under management, Trilogy Real Estate Group has established itself as a leading player in the real estate investment and management space.

    As a vertically integrated firm, Trilogy acquires, develops, and manages properties across the Midwest and Southeast, with a proven track record of successful investments exceeding $5.5 billion since 2002.