Successful Louisville Transaction, Times Two: Paramount Lodging Advisors Completes Sale of IHG Kentucky Hotel Package
June 1, 2016 5:35am
Paramount Lodging Advisors (PLA) has closed on its third and fourth hotel transactions within the Louisville region over the past six months. PLA Managing Directors Adam Montufar, Bennett Webster, and Brent Clemens orchestrated the sale of both the Holiday Inn Express and Candlewood Suites in Radcliff, KY. The two hotels total 146 rooms and are located Southwest of Louisville, proximate to Fort Knox Army Base.
The PLA team members exclusively represented the seller in this double transaction.
"Paramount Lodging worked as the liaison between our group and the buyers. They did a fantastic job facilitating the tours of potential buyers to ensure that there was minimal impact to our employees and the day-to-day business. Paramount Lodging made the selling process very easy and they were extremely helpful," stated a seller representative.
The sale of the IHG two-pack in Radcliff continues PLA’s success in the Louisville MSA. PLA expects to continue its momentum in the area with additional engagements within the next few weeks.
brokerage & transactions,
holiday inn express,
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 regarding PLA, please visit www.ParamountLodging.com.
Contact: Jacki Bubis
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