Foreclosed downtown Milwaukee Cambria Hotel acquired by its lender

Transaction valued at $11.1 million, according to state records.

The foreclosed Cambria Hotel in downtown Milwaukee has been acquired by its lender, in a transaction valued at $11.1 million, according to state records. The 132-room hotel at 503 N. Plankinton Ave. opened in October 2019 just before the COVID-19 pandemic. It was developed by Chicago-based Murphy Development Group. Atlanta-based Access Point Financial filed a

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