Paramount Lodging Advises Burroughs and Chapin in the Sale of Marina Inn at Grande Dunes to Vista Group of Companies

Feb 23, 2012 |

Paramount Lodging Advises Burroughs and Chapin in the Sale of Marina Inn at Grande Dunes to Vista Group of Companies(+) Read Full Version

Featured: Josh Williams | Joe Ross

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 completes the sale of Downtown Edmonton Crowne Plaza Chateau Lacombe

Aug 19, 2010 |

August 23, 2010 | Vancouver, BC | Chicago, IL - Paramount Lodging Advisors (PLA) is pleased to announce the sale of the iconic Chateau Lacombe Crowne Plaza in Edmonton, Alberta, Canada, on behalf of Allied Hotels. The 307 room, 24 story, full service hotel was acquired by Chateau Lacombe Limited Partnership for $47,800,000 - marking one of the largest hotel sales in Canada for 2010. Jim Mouzourakis, PLA’s Senior Managing Director in Canada, procured the buyer and facilitated the transaction.

“Mr. Mouzourakis was instrumental throughout the entire purchase and sale process; he led negotiations with the purchase and assisted with the due diligence and the various documentation involved in the transaction”
- Michael Chan, president of Allied Hotel Properties

Read full article published by:
HotelWorldNetwork.com on August 24, 2010
HotelNewsNow.com on August 24, 2010
HotelInteractive.com on August 24, 2010
Hotels Online on August 24, 2010
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Featured: Jim Mouzourakis

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