Paramount Lodging Advisors (PLA) solidifies its focus on west coast assets after being retained to advise on the sale of the Residence Inn Sacramento Airport, a 126-Suite hotel with immediate and significant ADR upside through capital investments.
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Featured: Scott Griemsmann | Paramount Lodging Advisors

Paramount Lodging Advisors sells Lender REO in Greenwood, South Carolina

Oct 27, 2011 |

Paramount Lodging Advisors represented Wells Fargo Bank, N.A. as broker in the sale of a REO hotel in Greenwood, South Carolina. This was an all-cash sale and the buyer is undisclosed. The property was recently renovated and is walking distance from Lander University.
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Featured: Daniel Beider | Paramount Lodging Advisors

Scott Griemsmann transactions the Hotel Opal in San Francisco

Jun 13, 2011 |

San Francisco, CA – June 13th, 2011 - Wolff Urban acquired the 167 room Hotel Opal and plans on converting the hotel to a Hampton Inn by Hilton. The renovation will require a complete overhaul of the hotel exterior with some interior upgrades. The renovated hotel will be the first Hampton Inn in San Francisco, and one of the only upscale limited service hotels in the city.

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Featured: Scott Griemsmann

Paramount Lodging Advisors sells the Baymont Inn & Suites La Crosse/Onalaska

Sep 08, 2010 |

Chicago, IL | September 8, 2010 - Paramount Lodging Advisors recently sold the 3-story, 67-room Baymont Inn & Suites located at 3300 Kinney Coulee Road North in Onalaska, Wisconsin to Crescent Lodging, LLC in deal that closed on September 1, 2010. PLA’s Senior Associate Adam Montufar and Associate Brian Fay represented the seller, Selo Stubla, LLC.

““Paramount Lodging Advisors delivered exactly what was needed from our hotel broker. They were focused on selling our hotel and despite many challenges did so at a price we were comfortable with."
- Selo Stubla LLC

Read full article published by:
HotelWorldNetwork.com on September 09, 2010
HotelInteractive.com on September 09, 2010
The Business Jounal (Milwaukee) on September 09, 2010
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Featured: Adam Montufar

Paramount Lodging Advisors sells the Fort Wayne Hotel and Conference Center for conversion to a Senior Living Facility

May 12, 2010 |

Paramount Lodging Advisor sold hotel in Fort Wayne Indiana

Chicago, IL - Paramount Lodging Advisors has brokered the sale of the 14-story, 208-room Fort Wayne Hotel and Conference Center located at 300 East Washington Boulevard in downtown Fort Wayne, Indiana. PLA’s Walker Geyer and Brent Clemens exclusively represented the owner, BRT Realty Trust, in a transaction that closed May 7th and will result in the conversion of the hotel to a senior living facility.

Read full article published by:
HotelWorldNetwork.com on May 13, 2010
REBusiness Online on May 14, 2010
Biznow.com on May 26, 2010
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Featured: Brent Clemens | Daniel Beider | Walker Geyer