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Cambria Hotel Sale Amid Industry Struggles | Milwaukee News
A Milwaukee hotel that opened just before COVID—The Cambria—sold for a shocking $7 million, far below its $15 million valuation, as rising interest rates and pandemic fallout crushed the hospitality industry. Now owned by a major hotel portfolio company with over 60 properties, including other Milwaukee spots, the Cambria remains open and operational, offering its signature amenities. This sale reflects a broader trend of struggling hotels across the region, many forced into bankruptcy or lender control, but the Cambria’s unique brand presence offers hope for a brighter future under new…
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