Kothe Real Estate Partners develops commercial properties throughout the Midwest, with a focus on multi-family, hotel, and mixed-use properties. Our recent developments include both ground-up construction and adaptive reuse of historic structures. The projects have utilized a variety of financing structures including:

  • brownfield financing
  • PACE financing
  • private investor capital
  • city incentives
  • traditional bank financing
  • historic tax credits
  • new market tax credits
  • low income housing tax credits


We rely heavily on our understanding of the market dynamics and appropriate financing structure for a particular project in an effort to maximize returns for our partners and investors.  Value is added through:

  • financing
  • deal structuring
  • design and construction management
  • operations
  • expertise in market research
  • site selection
  • due diligence
  • city entitlements
  • feasibility analysis


The principals at Kothe Real Estate Partners have over 45 years of combined development experience. The team has completed over $500,000,000 of commercial development projects including multi-family, hotels, mixed-use, land development, office, industrial, and lab space.
 

Recent developments in the Midwest include:


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Hotel Indigo / Fairfax Lofts, Kansas City

  • Developer/Owner
  • 101 E. 11th Street, Kansas City, MO
  • 118-room boutique hotel, and 27 apartment units
  • 104,000 square feet
  • Adaptive reuse of a historic structure on the National Register
  • National Park Service HTC Part 1 and Part 2 approvals received in 2016
  • City approvals and franchise approval obtained in 2015
  • Opening December 2017
  • Qualified for property tax abatement
  • Utilized Historic Tax Credit, New Market Tax Credit, Brownfield Tax Credit, and PACE financing

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3twenty Apartments

  • Developer/Owner
  • 320 E. Wilson Street, Madison, WI
  • 32-unit mixed-use development
  • 29,000 square feet of new construction
  • City zoning approvals received in 2015
  • Completed April 2016

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Hampton Inn & Suites, La Crosse Central

  • Developer/Owner
  • 511 3rd Street, La Crosse, WI
  • 126-room hotel
  • 77,000 square feet of new construction
  • City zoning approvals and franchise approval obtained in 2014
  • Completed December 2015

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Holiday Inn Express & Suites, Madison Central

  • Developer/Owner
  • 610 John Nolen Drive, Madison, WI
  • 111-room hotel
  • 65,000 square feet of new construction
  • City zoning approvals and franchise approval obtained in 2013
  • Completed November 2014 

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Holiday Inn Express & Suites, Rock Falls

  • Developer/Owner
  • 301 E. 2nd Street, Rock Falls, IL
  • 68-room hotel
  • 45,000 square feet of new construction
  • City zoning approvals and franchise approval obtained in 2014
  • Completed May 2016
  • Utilized New Market Tax Credit financing and City grant funds

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Lumen House

  • Developer
  • 142 W. Johnson Street, Madison WI
  • 56-bedroom student housing apartment building
  • 29,000 square feet
  • Adaptive reuse of a Registered Landmark structure built in 1892
  • City of Madison Landmark Commission and Common Council approvals received in 2013
  • Qualified for property tax exemption
  • Completed August 2014

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Eagle Harbor Apartments

  • Developer
  • 1360 MacArthur Road, Madison WI
  • 36-unit affordable housing development with commercial daycare
  • 44,000 square feet of new construction
  • City zoning approvals and WHEDA approval obtained in 2013
  • Utilized low-income housing tax credit financing
  • Completed September 2014 

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229 at Lakelawn

  • Developer/Owner (sold ownership interest)
  • 229 W. Lakelawn Place, Madison, WI
  • 59-bedroom student housing apartment building
  • 23,000 square feet of new construction
  • Completed August 2012