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Margaret Watson new CEO of Steve Brown Apartments | Madison Wisconsin Business News

Margaret Watson is the new CEO for Madison- based Steve Brown Apartments . Steve Brown, who founded the company in 1980, plans to step away from day-to- day management of the business but will remain active as chairman of the board. Brown’s wife, Laurel, who owns the design and architectural firm Brownhouse , 220 W. Gorham St., will continue to run her business while also working with her husband on a new Madison-area foundation. Details about the foundation’s mission and scope will be released in late spring or early summer, Steve Brown said. Brown, a graduate of Michigan State University and the UW- Madison Law School , has supported or served on many housing industry- related nonprofit boards and advisory committees, among other community involvement. Watson has been with the company for more than 20 years, Brown said. “She understands the housing market better than anyone I know and helped us grow SBA into one of the largest and most successful property manageme...

John Hartness Brown complex on Euclid Avenue sells after years of litigation, vacancy (photos)

CLEVELAND, Ohio - One of downtown Cleveland 's worst eyesores finally changed hands Monday , after years of court fights and false redevelopment starts . Alto Partners bought the long- vacant John Hartness Brown complex on Euclid Avenue for $9.1 million, in a deal that sprang from a messy foreclosure fight . The developer, a relative newcomer to the Cleveland real estate market , expects to fill the buildings with apartments, a hotel, retail and parking. Construction could start during the first few months of 2018. Stretching from 1001-1101 Euclid Ave., the John Hartness Brown complex spans three addresses and five facades on north side of the street. Thanks to troubled ownership, financial hurdles and lingering fallout from the Great Recession, the property has languished despite the surge in downtown living and the trend of turning historic buildings into housing and hotels. Alto will be the third developer in a decade to attempt a revival of the block. A rendering shows what ...