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
IHG Signs with Grucaba SAC for New-Build Holiday Inn Property in Lima, Peru
IHG Notifies Guests of Payment Card Incident at IHG-Branded Franchise Hotel Locations in the Americas Region
Paramount Lodging Advisors Team Arranges Sale of the Heartland Inn Coralville, IA
Paramount Lodging Advisors Welcomes Managing Directors Andy Wardner and Brian Guernier
IHG® Appoints Rajit Sukumaran as Chief Development Officer in AMEA
IHG Signs with VHM Hotel Management to Develop Holiday Inn Warsaw West Station in Poland
IHG Signs Eight New Holiday Inn & Holiday Inn Express Hotels to the Brand Family in Germany
IHG® Notifies Guests of Payment Card Incident at 12 Properties in the Americas
InterContinental Hotels Group Appoints Sudeep Jain as Vice President, Development, South West Asia
IHG® Challenges Brands to Address the Needs of the Uncompromising Customer in the ‘Age of I’
Lao International Development & IHG Enter Agreement for New Build InterContinental Vientiane in Laos
IHG Reports Q3 2016 Results: Slow but Steady Growth with a 1.3% Increase in RevPar
IHG Signs with Amapa Group to Convert Historic Palace Building into Hotel Indigo in Milan's Duomo Neighborhood
Paramount Lodging Advisors Arranges the Sale of the Former Residence Inn located NW Indianapolis, IN
IHG Appoints Michael Zager Vice President, Operations, Continental Europe
Paramount Lodging Advisors Sells Quality Inn & Suites Houston - Westchase
IHG and NOVUM Hotel Group Sign Landmark Deal to Develop 20 Hotels Across Europe
Paramount Lodging Advisors Assists in the Sale of the Detroit Metro Airport Marriott
IHG and HPL Partner to Bring InterContinental Resort to Maldives' Island of Maamunagau
Paramount Lodging Advisors’ Interns Awarded Highest Honors At DePaul University’s Real Estate Department Fall Reception
Please login or register to post a comment.