May, 2025
ROSEMARY PEREZ, A TEEN MOM, NOW A GRADUATE FROM THE ACRE PROGRAM Perez, in 2019, enrolled at Milwaukee Area Technical College and in 2021 earned an associate degree in business. Later that year, with four young children, Perez quit her banking job to focus on being a full-time student at University of Wisconsin-Milwaukee. She earned her bachelor's degree in accounting in December 2023. Meanwhile, Perez obtained her real estate sales license and began working at Brookfield-based Cherry Home Realty in 2022.
City of Milwaukee closings:
911-915 S Cesar E Chavez Dr Miguel Garza, MG Multiservicos Milwaukee Corporation (buyer) – Rosemary Perez, real estate agent for buyer. Kevin Kuschel, Clarke Square Neighborhood Initiative and Chris Mambu Rasch, Cesar E. Chavez Drive BID 38 were in support for the original proposal was a lot smaller in scale, but after working closely with the architect and collaborating with the city, the plans evolved into something more impactful for the community. The updated development will include three commercial units on the first floor and four residential units on the second floor. MG Multiservicios will occupy one of the commercial spaces. Project cost is still to be determined.
3010 S 10th St – Rosemary Perez gave her restaurateur mom a surprise gift: a south-side Milwaukee building to be renovated for her business. After two years of renovations, Santurce Sports Bar and Grill, operated by Brenda Caraballo, Perez's mother, opened in May 2023 at 3010 S. 10th St. It's garnered good reviews on Yelp and a mention in a Milwaukee magazine article about local Puerto Rican restaurants. Santurce redevelopment costs total $120,000 I "It was a financial strain," Perez said. "I used every dollar I had. "There were two other major funding sources: a $100,000 loan from Wisconsin Women's Business Initiative Corp. and $50,000 in city grants, she said. It took quite a bit of investment to bring the building back to life and make it restaurant-ready.
3001-07 S 11th St –Rosemary Perez (Buyer) - This location will serve as an office for real estate and development while building two apartments. Perez will no longer be offering accounting services moving forward. The first floor will be her commercial office space with a total of 3 residential units. Project estimated to cost about $440,000. Perez currently owns 8 residential and 2 commercial properties.
"You need the right people in your life to do better for yourself," Perez said. Huge shout out to Dwayne Edward’s from the City of Milwaukee for encouraging me always, if it wasn’t for him I wouldn’t have taken this path! Rosemary Perez – ACRE Graduate 2025
July 6, 2022 - A vacant school in Milwaukee's Sherman Park neighborhood is to be converted into a big child care center designed to ease waiting list
June 7, 2022 - Work Starting On ThriveOn King Project: $105 million project will transform former Schuster's/Gimbels department store
August 8, 2021 - Seven firms answer Milwaukee's call for green homes factory at Century City
July 25, 2021 - City of Milwaukee Selling Large Bronzeville Development Site
July 20, 2021 - Urbal Tea Opens Cafe On South Side: Health-focused cafe in transformed building located on revived commercial strip.
July 8, 2021 - Closing and Signing Ceremony for the New Tiny Home Village for Veterans
June 9, 2021 - Project Will Save Midtown Building: UniteWI leader plans to redevelop building on 25th and North to house nonprofit, new restaurant.
May 26, 2021 - Vacant Building To Become Creative Hub: Tonda Thompson has big dreams for small building in Harambee.