Marcus & Millichap Announces Sale of DoubleTree by Hilton Hotel in Brookfield, Wisconsin
BROOKFIELD, Wisconsin—Marcus & Millichap announced the sale of the DoubleTree by Hilton Milwaukee-Brookfield in Brookfield, Wisconsin, a suburb of Milwaukee. “This was a challenging sale that required us to overcome many of the issues in today’s market that are more pronounced in their impact on marketability and value,” said Scott Havericak, senior director of investments in Marcus & Millichap’s Fort Lauderdale office. “The property’s historically low net income created a void in conventional financing options, […]
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