Paramount Lodging Advisors Brings In The New Year With Radisson Indianapolis Airport Sale
January 11, 2016 10:17am
INDIANAPOLIS, IN—Paramount Lodging Advisors (“PLA") is pleased to announce the sale of the Radisson Hotel Indianapolis Airport. Brent Clemens and Bennett Webster, Managing Directors acted as agents for PLA who exclusively represented the seller on the 257-room, full service airport hotel and conference center.
PLA’s Chairman Daniel Beider noted, “We are excited to have achieved all parties’ objectives on a transaction with multiple layers of complexity, comprised of a lender-owned leasehold hotel business with a municipal corporation as the Lessor.”
“The deal marks Paramount’s fourth brokerage hotel transaction in the Indianapolis market over the past two months. We remain bullish on the underlying market fundamentals for the area, and look forward to continued success in Indy and the surrounding communities,” added Webster.
Tags: hotel brokerage,
radisson indianapolis airport,
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 www.paramountlodging.com.
Contact: Jacki Bubis
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
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
Hotel Transactions in India: What Will Move the Needle?
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
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
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.
Please login or register to post a comment.