Gas Light Building sells at foreclosure auction. Price is $13.4 million below assessed value [Yahoo! Finance]
WEC Energy Group, Inc. (WEC)
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Source: Yahoo! Finance
The 20-story Gas Light Building , 626 E Wisconsin Ave., known for its Art Deco design and decorative natural gas flame, was sold for $4 million on April 21, said James Burnett, chief of staff and public affairs and community engagement director for the Milwaukee County Sheriff's Office. The property's assessed value is $17.4 million, according to city records. The buyer was Miami-based Rialto Capital Advisors LLC, Burnett said. A Rialto representative didn't immediately respond to the Milwaukee Journal Sentinel's question about the firm's plans for the building. A $14 million default foreclosure judgment was issued in January against building owner Gas Light Milwaukee LLC - an affiliate of Chicago-based M&J Wilkow Ltd. The M&J Wilkow affiliate bought the 131,727-square-foot building in 2015 for $20.5 million. Rialto Capital is the loan servicer for Wilmington Trust National Associate. It's the trustee for Comm 2015-PC1 Mortgage Trust, which held the loan. The Gas Light Bu
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News
- WEC Energy Group (NYSE:WEC) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- WEC Energy Group (NYSE:WEC) was given a new $105.00 price target on by analysts at Barclays PLC.MarketBeat
- WEC Energy Group (NYSE:WEC) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
- Invesco Global Core Equity Fund: Q3 2025 Portfolio Positioning And Performance Highlights [Seeking Alpha]Seeking Alpha
- Invesco Global Core Equity Fund Q3 2025 Commentary [Seeking Alpha]Seeking Alpha
WEC
Earnings
- 10/31/25 - Beat
WEC
Sec Filings
- 12/5/25 - Form 8-K
- 12/5/25 - Form 8-K
- 12/5/25 - Form 8-K
- WEC's page on the SEC website