A loan servicer seized the Hotel Indigo in the Gold Coast nearly two years after filing to foreclose on the 165-room hotel.
An affiliate of Miami Beach, Fla.-based LNR Partners LLC took over the property at 1244 N. Dearborn Parkway after a May sheriff’s sale that valued the hotel at $17.8 million, $10.8 million less than the $28.6 million owed on the building, county records show.
Share new hires, promotions and employee accolades with the region's business leaders.
Up-to-the-minute business news, thoughtful analysis and valuable strategic insights for Milwaukee and Southeastern Wisconsin business leaders.
Copyright © 2025 BizTimes - Milwaukee Business News. All Rights Reserved.
Holiday flash sale!
Limited time offer. New subscribers only.
Subscribe to BizTimes Milwaukee and save 40%
Holiday flash sale! Subscribe to BizTimes and save 40%!
Limited time offer. New subscribers only.
