REBusinessOnline

MILMARK BROKERS $6.95 MILLION HOTEL SALE

MILWAUKEE — Oconomowoc, Wis.-based Milmark Hotel/Motel Investments has brokered the sale of a 192-room Hospitality Inn & Suites, located at 4400 S. 27th St. in Milwaukee, for $6.95 million. The buyer, SIDHIVINAYAK LLC, plans to implement a capital improvements program to the property. It will also re-flag one of the buildings on the property as a Rodeway Inn & Suites, while the other will remain a Hospitality Inn & Suites. Ronald McCord and Jennifer Church of Milmark negotiated the transaction. The property was sold by Graebner Enterprises.

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