Hialeah Ramada Inn Snagged by JEB Hotel
Miami, Fla., March 1998 Hotel Partners International is pleased
to announce the sale of the 255-room Ramada Inn in Hialeah, Florida.
The full-service Ramada was sold by Hialeah Hotel, Inc. to JEB Hotel Associates,
Ltd., for a total sales price of $4.75 million. Scott Stephens of
Hotel Partners represented the seller in the hotel transaction. The
underlying land was flipped in a separate transaction.
Inn Hialeah, 1950 West 49th Street NW, is located across
from Westland Mall and three miles from Hialeah Race Track in a predominantly
commercial district southwest of downtown Miami.
About Hotel Partners International Hotel Partners International
is the world's premier hotel investment advisory firm. Services provided
to the hospitality investment community include individual hotel and portfolio
acquisition and disposition, debt and equity financing and asset management.
Hotel Partners has offices in Atlanta, Boston, Chicago, Dallas, Frankfurt,
Hong Kong, Honolulu, London, Los Angeles, Miami, New York, Singapore and
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