Milwaukee Rehabilitation Hospital Sold for $35.3 Million

Exterior view of Milwaukee Rehabilitation Hospital with patients and staff.

News Summary

The Milwaukee Rehabilitation Hospital has been sold for $35.3 million to a New York City investment firm. Featuring 49,000 square feet, the facility was built in 2021 by New Era Cos. This acquisition highlights a possible transformation for both the hospital and the local community. In related news, Evans Transportation in Delafield has reported a 600% revenue increase over the past decade, emphasizing growth in the state’s logistics sector. Additionally, sports-talk radio station 97.3 The Game has terminated Steve Czaban, reflecting changes in the local media industry.

Milwaukee has recently witnessed a significant transaction in the healthcare sector with the sale of the Milwaukee Rehabilitation Hospital, located at 3200 S. 103rd St. in Greenfield, for $35.3 million. The buyer of this expansive medical facility is a New York City-based investment firm, although specific details about the firm have not been disclosed.

The Milwaukee Rehabilitation Hospital features a modern structure, encompassing 49,000 square feet of space. It was built in 2021 by Texas-based New Era Cos, a developer known for creating a variety of properties, including those in the hospitality and retail sectors, across the United States. This sale marks a pivotal moment for the hospital, potentially leading to new opportunities for both the facility and the community it serves.

In a related note, Evans Transportation, a Delafield-based logistics provider, has reported an impressive 600% revenue increase over the past decade. The company’s Chief Commercial Officer, Charles Miller, attributes this remarkable growth mainly to strategic investments in new technology and the exploration of new business opportunities. This growth signifies a robust trend in the state’s logistics sector, highlighting the interconnectedness of healthcare services and related industries.

In a different vein, Milwaukee’s sports media landscape has seen a shake-up. Milwaukee sports-talk station 97.3 The Game has parted ways with sports personality Steve “Czabe” Czaban. The confirmation of his dismissal came from Dan Lenz, who is the Milwaukee market president for iHeartMedia, the parent company of The Game. Czaban was a notable figure as part of the station’s morning show team, where he collaborated with co-host Brian Butch. His career in sports broadcasting spanned over two decades, including a significant tenure contributing to the Bob and Brian morning show on Saga Communications Inc.’s “The Hog.”

The Game has been the home for broadcasting Packer games since the 2022 season and also holds the rights to showcase Wisconsin Badgers football and basketball broadcasts. The recent changes in personnel at The Game reflect ongoing shifts within the media industry as broadcasting networks adapt to changing listener preferences and market dynamics.

In conclusion, the recent sale of Milwaukee Rehabilitation Hospital not only emphasizes the continual investment in healthcare infrastructure in Milwaukee but also mirrors a broader trend of growth and development within the city. The changes at 97.3 The Game underline the dynamic nature of local sports media, showing the interplay between various sectors in Wisconsin’s economic landscape. The transitions occurring within both healthcare and media sectors in Milwaukee exemplify the evolving challenges and opportunities that local businesses face in a competitive market.

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STAFF HERE MILWAUKEE WRITER
Author: STAFF HERE MILWAUKEE WRITER

MILWAUKEE STAFF WRITER The MILWAUKEE STAFF WRITER represents the experienced team at HEREMilwaukee.com, your go-to source for actionable local news and information in Milwaukee, Milwaukee County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Summerfest, Milwaukee Film Festival, and the Milwaukee Boat Show. Our coverage extends to key organizations like the Metropolitan Milwaukee Association of Commerce and Visit Milwaukee, plus leading businesses in manufacturing and brewing that power the local economy such as Harley-Davidson and MillerCoors. As part of the broader HERE network, we provide comprehensive, credible insights into Wisconsin's dynamic landscape.

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