PEMBINE, Wis.–(BUSINESS WIRE)–An affiliate of Chicago-based Brick by Brick Capital has acquired the Four Seasons Island Resort, in partnership with tech-enabled hotel operator Life House as the newest addition to its growing portfolio of authentically-local boutique hotels. The 70-acre property represents both Brick by Brick Capital’s and Life House’s first hotel in Wisconsin and the first of several planned properties across the Upper Midwest.
Originally built in 1905 by the Wisconsin-Michigan Railroad Company, the Resort was a popular destination for visitors arriving by railroad from Chicago looking to escape the city for the summer months. Tucked into the North Woods, the Four Seasons Island Resort is located on Miscauno Island amidst a scenic stretch of the Menominee River, the natural border separating Wisconsin from the Upper Peninsula of Michigan.
Life House will operate a wide array of amenities at the property, including four dining options, a 9-hole golf course, wedding and conference facilities, indoor pool, fitness room, arcade, pontoon boat tours, cross country ski rentals, tennis, volleyball courts, and more.
“We are thrilled for the opportunity to operate the historic Four Seasons Island Resort, a local favorite in the Wisconsin-Michigan area”, said Josh Siebert, Director of Acquisitions for Life House. “We look forward to taking the reins on day-to-day operations while preserving the authentically-local experience that guests have enjoyed since the early 1900s”.
Life House and its investment partners are seeking acquisition opportunities throughout the Midwest, with a specific focus on acquiring hotels <200 keys in drive-to leisure markets.
About Brick by Brick Capital, LLC
Brick by Brick Capital is a hotel investment firm led by experienced hoteliers with deep connections in the industry. The firm is currently seeking new ownership offerings, capital partners, and asset management opportunities to continue to grow the platform and offer attractive returns.
Inquire at acquisitions@brickbybrickcap.com
About Life House
Life House is a New York-based, venture-backed and vertically-integrated hotel brand, management, and software company. Life House has built a proprietary technology stack to power a platform that makes hotels more seamless and more profitable for hotel owners and travel more meaningful and more accessible for travelers. Life House operates a growing portfolio of boutique and luxury hotels, with 50 projects open or under development across the US and Mexico.
Learn more at https://www.life-house.com
Contacts
Bryan Dunn
Bryan@lifehousehotels.com
