Close

Cart

Total $0.00

Checkout

INDIANAPOLIS, IN—Paramount Lodging Advisors (“PLA") is pleased to announce the sale of the Radisson Hotel Indianapolis Airport. Brent Clemens and Bennett Webster, Managing Directors acted as agents for PLA who exclusively represented the seller on the 257-room, full service airport hotel and conference center.  

PLA’s Chairman Daniel Beider noted, “We are excited to have achieved all parties’ objectives on a transaction with multiple layers of complexity, comprised of a lender-owned leasehold hotel business with a municipal corporation as the Lessor.”

“The deal marks Paramount’s fourth brokerage hotel transaction in the Indianapolis market over the past two months.  We remain bullish on the underlying market fundamentals for the area, and look forward to continued success in Indy and the surrounding communities,” added Webster.

About Paramount Lodging Advisors

Paramount Lodging Advisors (PLA) is a hotel brokerage and advisory firm specializing in the sales of hospitality assets, debt and equity placement, as well as value enhancement services across the United States. For more information about PLA, please visit www.paramountlodging.com.

Contact: Jacki Bubis

jbubis@paramountlodging.com / 3122390166

Related News

Avison Young Hospitality Group First Quarter Review

Maxim Hotel Brokerage Announces Several California, Nevada, Arizona and Portfolio Hotel Closings

Australia Gives Go Ahead for AccorHotels Acquisition of Mantra Group

Hotel Transactions in India: What Will Move the Needle?

Hotel Sales Volume Declines, Average Price Per Room Increases Moderately

Authenticity Confronts Branding: Non-Branded Hotel Properties Offer Great Opportunity to Those Who Understand the Market

RLH Corporation Executes Five Hotel Purchase and Sale Agreements

Avison Young Hospitality Group Has Another Strong Year in 2017

Paramount Lodging Advisors West Coast Office Sells California Courtyard by Marriott Land

Paramount Lodging Advisors Breaks Ground On New Chicago Office

Rockbridge, in a Joint Venture with Musselman Hotels Management, Acquires Kentucky's Seelbach Hilton Hotel

Paramount Lodging Advisors Brings on New Senior Associate Sean Banilivy For Capital Markets

Sonnenblick-Eichner Company Arranges $16,750,000 of First Mortgage Acquisition Financing for the Normandy Hotel, Washington, D.C.

Avison Young Hospitality Group Announces Closings

Paramount Lodging Advisors Sells 12th Consecutive Property in the Indiana Market

Avison Young Hospitality Group Announces Summer 2017 Closings

Avison Young Hospitality Group Announces July Closings

Paramount Lodging Advisors Arranges the Sale of Two Dallas-Area Fairfield Inn & Suites

Sale of Sheraton Metairie - New Orleans Hotel Facilitated by The Plasencia Group

Avison Young Hospitality Group Announces Recent Closings

All News »

Please login or register to post a comment.