Close

Cart

Total $0.00

Checkout

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 http://www.paramountlodging.com/

Contact: Jacki Bubis

jbubis@paramountlodging.com / 3122390166

Related News

Paramount Lodging Advisors (PLA) Sells Texas Fairfield Inn & Suites

Paramount Lodging Advisors (PLA) Leads the Successful Sale of the Downtown Milwaukee Hyatt Regency

Paramount Lodging Advisors Team Sells Hampton Inn in Victoria, TX

Hotel Capital Acquires The Tremont Chicago Hotel at Magnificent Mile and Mike Ditka’s Restaurant

U.S. Hotel Deal Pace Going Strong

Paramount Lodging Advisors Team Arranges Sale of the Holiday Inn Express St. Louis – Central West End St. Louis, MO

Noble Merchant Properties Selects Hotel Equities to Manage Four New-Build Hotels in Texas

Avison Young Hospitality Group Discusses 2018 Hospitality Market Trends

AccorHotels Acquires Mövenpick Hotels & Resorts for U.S. $567 Million

Avison Young Hospitality Group Releases Timely Video Discussing Q2 Hospitality Trends

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

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

All News »

Please login or register to post a comment.