Paramount Lodging Advisors (PLA) is pleased to announce the sale of the Hyatt Regency Milwaukee. PLA was exclusively engaged to represent the seller in the transaction of the 481-room full-service property in downtown Milwaukee. The marketing efforts were led by Senior Managing Directors Bennett Webster and Brent Clemens, and Managing Director Adam Montufar.
“We were pleased to continue our strong track record of success in Wisconsin and we were not at all surprised with the particularly high offer count on this deal,” noted Montufar.
“We feel the activity is emblematic of the strong growth prospects for downtown Milwaukee with the opening of the new basketball arena, expanded streetcar routes, and the overall Milwaukee MSA growth with the ongoing expansions of the initial Foxconn development. We remain very bullish on the market,” added Webster.