Heartland Properties

About Heartland Properties

Heartland Properties is a real estate operator. Heartland Properties operates in Green Bay-Appleton, Wisconsin, Madison, Wisconsin and Milwaukee, Wisconsin. Its investment focus is on Affordable Housing, Historic Tax Credits and LIHTC.

Heartland Properties, Inc., headquartered at 2418 Crossroads Drive, Suite 2400, Madison, WI 53718‑2424, was founded in 1988 by WPL Holdings Inc. Established nearly 37 years ago, it focuses on real estate development and asset management across Wisconsin and the broader Midwest. The firm specializes in affordable and market‑rate multifamily housing, including senior living, family living, and historic‑preservation residential projects. Through its sister company, Capital Square Financial Corporation, it has financed and managed more than 5,300 housing units totaling over USD 325 million in development assets.

Principals at Heartland Properties

Recent activity at Heartland Properties

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Heartland Properties's project portfolio

No projects on file for Heartland Properties yet.

Markets and themes

Markets Heartland Properties operates in

• Green Bay-Appleton, Wisconsin
• Madison, Wisconsin
• Milwaukee, Wisconsin

Investment themes at Heartland Properties

• Affordable Housing
• Historic Tax Credits
• LIHTC
• Multifamily - Ground-up
• Multifamily - Value-Add
• Senior Housing
• Workforce Housing

Capabilities

• Asset Management
• Construction Management
• Economic Development
• Mixed Use
• Public-private partnerships
• Site Development
• Sustainability
• Technology-forward

Operators similar to Heartland Properties

• Sunflower Development Group
  Mid-market tierMultifamily - Value-AddSenior Housing+5 more themes
• SCG Development
  Mid-market tierSenior HousingHistoric Tax Credits+5 more themes
• Somerset Development Company
  Mid-market tierHistoric Tax CreditsAffordable Housing+4 more themes
• Connelly Builders and Development
  Mid-market tierSenior HousingHistoric Tax Credits+4 more themes
• Home City Development, Inc. (HCDI)
  Mid-market tierHistoric Tax CreditsAffordable Housing+4 more themes
• J. Jeffers & Co.
  Mid-market tierMilwaukee, WisconsinHistoric Tax CreditsAffordable Housing+3 more themes
• Bronx Pro Group
  Mid-market tierMultifamily - Value-AddSenior Housing+4 more themes
• St. Charles Town Company
  Mid-market tierHistoric Tax CreditsAffordable Housing+4 more themes
• Ulysses Development Group
  Mid-market tierSenior HousingAffordable Housing+4 more themes
• 3 Leaf Holdings
  Mid-market tierSenior HousingAffordable Housing+4 more themes

Frequently asked questions about Heartland Properties

What does Heartland Properties do?

Heartland Properties, Inc., headquartered at 2418 Crossroads Drive, Suite 2400, Madison, WI 53718‑2424, was founded in 1988 by WPL Holdings Inc.

What markets does Heartland Properties operate in?

Heartland Properties is active in Green Bay-Appleton, Wisconsin, Madison, Wisconsin, and Milwaukee, Wisconsin.

How many employees does Heartland Properties have?

Heartland Properties has 2–10 employees.