Cambridge Landmark Expands Asset Portfolio with Acquisition of Hyatt Regency Milwaukee

Cambridge Landmark, a hotel-focused private equity company, recently announced that it has closed on the acquisition of the Hyatt Regency Milwaukee, a 481-room full service hotel located in downtown Milwaukee with a prime location adjacent to the Wisconsin Center convention facility.

With the closing of this transaction a new franchise agreement has been signed with Hyatt Corporation for the property to continue to operate using the Hyatt Regency brand.

The hotel will undergo a multi-million- dollar renovation focused on upgrading the room product, enhancing the lobby and meeting space, and adding other new and exciting amenities.

“This acquisition furthers Cambridge Landmark’s strategy of ownership-driven hotel investment with assets in medium-to-large U.S. domestic markets,” said Pedro Miranda, managing partner. “With a great property in a premier location, and forthcoming renovations and refurbishments, we anticipate this property will drive long-term value to the expanding Cambridge Landmark portfolio.”

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Located in the downtown district, the Hyatt Regency Milwaukee is one of the largest hotels in downtown Milwaukee. Ideal for business or pleasure, the Hyatt Regency Milwaukee has a prime location just blocks from the Shops of Grand Avenue, and the site of the new multi-purpose arena that will be home to the NBA’s Milwaukee Bucks. The hotel is also connected via skywalk to the Wisconsin Center, a leading convention and meeting facility. The Hyatt Regency Milwaukee offers 481 rooms and suites, two on-site dining options, business center, StayFit™ Fitness Center, and 33,000 square feet of stylish meetings and event space.

The terms of the transaction were not disclosed.

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