Hospitality v Wisconsin

Midas Hospitality acquires Aloft hotel in Milwaukee

Midas Hospitality acquires Aloft hotel in Milwaukee,ph01

Midas Hospitality has acquired its third hotel through the Midas Hotel Fund as the total capital raised reaches $25 million to date.

Midas Hospitality, a hotel development, management and investment firm, recently acquired Aloft Milwaukee Downtown, which is situated directly on the RiverWalk.

This “different by design” hotel from Marriott is located at 1230 Old World Third St. and offers 160 tech-forward rooms with five meeting rooms and amenities that include the W XYZ®bar, a backyard outdoor space, fitness center and indoor swimming pool.

The Milwaukee hotel is adjacent to Fiserv Forum and is near the Arts and Theater District, as well as the Wisconsin Convention Center. Midas Hospitality currently operates one other property in Wisconsin, which is also an Aloft hotel, located in Green Bay.

The first two hotels the Midas Hotel Fund invested in were the Residence Inn and Fairfield Inn and Suites combined as a dual property at the Charlotte Douglas International Airport in Charlotte, NC.