Our Wisconsin Market
The Wisconsin Market has been the home market of Gorman & Company since its inception in 1985. Over the past four decades we have developed market rate and affordable housing in many Wisconsin communities including but not limited to: Milwaukee, Madison, La Crosse, Racine, Kenosha, Green Bay, Janesville, Beloit, Jefferson, Green Bay, Sheboygan, and Wausau.
We have developed projects in partnership with community stakeholders to create new residential and mixed use communities through new construction, historic preservation, and acquisition rehab. Gorman & Company utilizes its fully integrated platform to bring architectural, construction, and management services to every project we execute.
Carbon at Union Corners in Madison, WI
Total Development Cost: $17,095,125
The 90-unit development is part of a mixed-use residential and neighborhood retail complex that includes two buildings connected by a pedestrian plaza, 20,000 SF of ground floor retail space, 76 affordable and 14 market-rate units, and 96 underground parking stalls. Click for Rental Options.
Valor on Washington in Madison, WI
Valor on Washington
Total Development Cost: $18,948,782
Valor on Washington project is a new construction development consisting of a mix of affordable and market-rate units. Specifically, this development will target veteran families and includes a partnership with Dryhootch to provide Veteran services.
Dryhootch is a nonprofit organization, formed with the mission of creating safe, comfortable places where Veterans can gather informally in a drug- and alcohol-free environment. Dryhootch provides a variety of Veteran services and support on-site for both residents and non-residents at Valor on Washington. Space on the first floor has been designed to accommodate these services. Click for Rental Options.
Sherman Park Commons in Milwaukee, WI
Sherman Park Commons
Total Development Cost: $14,246,068
Sherman Park Commons was the result of collaboration with the Sherman Park Neighborhood Association and Milwaukee Department of City Development. This project saves the historic Jackie Robinson Middle School and provides a much-needed catalyst for the neighborhood to maintain its forward momentum.
The school has been transformed into 68 units of affordable senior housing. Seniors are able to stay close to their families, friends, and community with the reuse of this building. The historic renovation was an opportunity through innovative art media to showcase Milwaukee’s African American culture and history. The hallways, stairwells, and other common areas within the school offer an open canvas to portray the culture and history of the African American community in the Sherman Park neighborhood and Milwaukee as a whole. Amenities include a theatre, fitness center, playground, community room, computer lab, garden plots, and beauty salon. Click for Rental Options.
Riverside Lofts in Jefferson, WI
Total Development Cost: $11,013,087
The building consists of a mix of 1, 2, and 3-bedroom units renting at affordable rents between 30% and 60% of county median income. The building also includes a fitness center, community room, and resident storage as well as a management office. There is also a dedicated artist workspace for the local community. Click for Rental Options.
The Wisconsin Market in Detail
Bringing together all of these integrated services under one roof ensures Gorman will be fully accountable for all aspects associated with any of its development projects from commencement to completion with a view toward long-term ownership and management.
Wisconsin Market President
Ted Matkom has been with Gorman & Company since 2007 as Wisconsin Market President and General Counsel. The Wisconsin Market spans to all corners of the state and incorporates both rural and urban communities such Milwaukee, Madison, Sheboygan, Kenosha, Green Bay, Wausau, and LaCrosse.
Ted is also committed to utilizing his experience and expertise to help challenged neighborhoods on the northside of Milwaukee. Since 2010, Ted has been a leader in redevelopment efforts within what is commonly known as the 30th Street Corridor and is currently serving as President of the Business Improvement District within this area.
Senior Financial Analyst
Duane, Senior Financial Analyst, focuses on underwriting LIHTC projects. He works with Market Presidents & Construction Accounting at all stages of development to evaluate feasibility and conduct proforma analysis.
He previously worked as an Underwriter for the Missouri Housing Development Commission. He holds a BA in Psychology and a master’s in Urban Planning from the University of Kansas.
Jordan Mack recently began working at Gorman & Company to assist the Wisconsin Market President in coordinating documentation and due diligence items for various developments in the Wisconsin market.
Jordan holds a Bachelor of Business Administration from the University of Wisconsin – Madison in Real Estate & Urban Land Economics and Finance, Investment & Banking.
Director of Development Coordination
Rachel oversees development & marketing along with the EB-5 Regional Center. She provides training, mentorship, quality assurance, and best practice implementation. She manages efforts between funding partners through closing, construction, and stabilization.
Rachel has an MBA & B.S. in Management & Business from Franklin University and Associate Degree in Real Estate from Madison College.