Midloch, Hempel Acquire 118-Unit Apartment Building in Milwaukee’s Pabst District for $19.2M ($163K/unit)

  • 7/7/2025

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Midloch Investment Partners and Hempel Real Estate have acquired The Malt House, a 118-unit apartment building in Milwaukee’s historic Pabst District, for $19.2 million. The brick building was originally constructed in 1882 as the malt house for the Pabst Brewing Co. The property was extensively redeveloped as a luxury multifamily asset between 2016 and 2021. Amenities include a fitness center, package room, movie screening room, coworking lounge, game room and rooftop deck.

Hempel Real Estate
Braden Just | VP, Acquisitions/Development
Midloch
Tim Donovan | Managing Director, Investments

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