Total $0.00


Paramount Lodging Advisors (PLA) announced today the sale of the Holiday Inn Express and the La Quinta Inn & Suites located in Auburn, Indiana.  PLA Managing Directors Bennett Webster and Brent Clemens represented the seller on the two property, 135-room portfolio located adjacent to Interstate 69 and 20-miles north of Fort Wayne, IN.  

Webster noted, “We were pleased to run an efficient process with the transaction going from execution of the contract to the closing in approximately 30-days.” 

Clemens continued, “This deal marks PLA's eighth and ninth successful transaction in Indiana in the preceding five months and we look forward to continued success in these markets over the remainder of 2016."

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

Contact: Jacki Bubis / 3122390166

Related News

Australia Gives Go Ahead for AccorHotels Acquisition of Mantra Group

Holiday Inn Express® Moscow – Sheremetyevo Airport Opens in Russia

Hotel Transactions in India: What Will Move the Needle?

HMC to Manage 104-Room Holiday Inn Express in Albuquerque, New Mexico

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

IHG and Toledo International Partner to Bring Holiday Inn Express to the Heart of Singapore

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

IHG in Partnership with JEJUair Plan 2018 Opening of 300-Room Holiday Inn Express Hotel in Seoul, South Korea

IHG Partners with SAMHI to Expand Holiday Inn Express Portfolio in India

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

All News »

Please login or register to post a comment.