Finance v Wisconsin

Associated Bank closes $8 million loan for learning centers in Wisconsin

Associated Bank provides more than $8 million early learning centers,ph01

Associated Bank provided more than $8.65 million in three separate loans to Bradford Real Estate for land acquisition and construction of early childhood learning centers in three Wisconsin communities.

Each of the stand-alone, single-tenant 10,000-square-foot buildings will be fully leased by The Learning Experience early childhood education centers. The three new Wisconsin TLE centers will be located at N58W15453 Shawn Circle in Menomonee Falls, 2750 Ironwood Drive in Sun Prairie and 4822 Forest Point Boulevard in New Berlin. All three will be completed and opened in 2020.

The Learning Experience provides childcare and educational services across the country for children ages six weeks to six years.

Bradford Real Estate is a Chicago-based and privately-owned large-scale retail development company that has completed more than 70 projects totaling over 10-million square feet throughout Chicago and the Midwest since 1986.

Senior Vice President Daniel Barrins of the Commercial Real Estate division of Associated Bank managed the loans and closings.