Home Industries Hospitality & Tourism Northwest side Hyatt sold, changes flags

Northwest side Hyatt sold, changes flags

By
Hunter Turpin
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Image from LoopNet

The Hyatt Place Milwaukee West hotel has been sold for $4 million, according to state records, and new signs have been erected for the hotel’s new flag. The 121-room hotel at 11777 W. Silver Spring Drive was sold by an affiliate of SCI Real Estate, which owns office and retail properties in metro Milwaukee, as

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Hunter Turpin
Hunter covers commercial and residential real estate for BizTimes. He previously wrote for the Waukesha Freeman and Milwaukee Journal Sentinel. A graduate of UW-Milwaukee, with a degree in journalism and urban studies, he was news editor of the UWM Post. He has received awards from the Milwaukee Press Club and Wisconsin Newspaper Association. Hunter likes cooking, gardening and 2000s girly pop.
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The Hyatt Place Milwaukee West hotel has been sold for $4 million, according to state records, and new signs have been erected for the hotel's new flag. The 121-room hotel at 11777 W. Silver Spring Drive was sold by an affiliate of SCI Real Estate, which owns office and retail properties in metro Milwaukee, as well as the Hyatt Place hotel near Mitchell International Airport. The hotel was picked up by Falcon Hospitality LLC, an entity registered to Inaam Arshad in Vernon in Waukesha County. With an assessed value of $6.2 million, the four-story hotel was built in 1986. As of Monday, the Hyatt Place signs on the building had been removed and replaced with temporary signs for a Comfort Suites, a brand of Choice Hotels. A permanent sign permit has also been filed with the City of Milwaukee. SCI Real Estate did not immediately respond to request for comment. Arshad could not be reached for comment.

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