Close

Cart

Total $0.00

Checkout

Paramount Lodging Advisors (PLA) is pleased to announce the sale of the Holiday Inn Express Merrillville.  PLA represented the seller, RLJ Lodging Trust, with Senior Managing Director Scott Griemsmann, and Managing Directors Bennett Webster and Brent Clemens leading the efforts on the transaction of the 62-room, limited service hotel.  

Clemens noted, “This deal marks PLA's seventh successful transaction in Indiana in the preceding five months, and maintains our team's continued success in the I-65 corridor from Chicago to Indianapolis.”

“We were pleased to assist RLJ in the disposition of one of their non-core assets and look forward to working further with the team in 2016,” added Griemsmann.

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 www.paramountlodging.com.

Contact: Jacki Bubis

jbubis@paramountlodging.com / 3122390166

Related News

2017 Year In Review: US Hotel Transactions

Paramount Lodging Advisors West Coast Office Sells California Courtyard by Marriott Land

Paramount Lodging Advisors Breaks Ground On New Chicago Office

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

Blackstone Acquires Hotel Investment Partners and its Portfolio of 14 Coastal Resorts from Banco Sabadell in Spain

Paramount Lodging Advisors Sells 12th Consecutive Property in the Indiana Market

Avison Young Hospitality Group Announces Summer 2017 Closings

Peachtree Hotel Group (PHG) Acquires Three Hotels in Colorado, Arizona and Wisconsin

Prestige Hospitality Group Opens Newly Built 90-Room Holiday Inn Express Hotel & Suites in Queensbury, New York

Paramount Lodging Advisors Arranges the Sale of Two Dallas-Area Fairfield Inn & Suites

Purchase Price Allocations for Hospitality Assets

Paramount Lodging Advisors Team Sells the Comfort Suites in Lafayette, IN

Paramount Lodging Advisors Team Arranges Sale of the Heartland Inn Coralville, IA

Paramount Lodging Advisors Welcomes Managing Directors Andy Wardner and Brian Guernier

IHG Signs Eight New Holiday Inn & Holiday Inn Express Hotels to the Brand Family in Germany

China Lodging Group Enters Into Definitive Agreement to Acquire Crystal Orange Hotels

PlumpJack Group Expands Portfolio with Acquisition of the Ingleside Inn and Melvyn's Restaurant & Lounge in Palm Springs, Calif.

Paramount Lodging Advisors (PLA) Thrives in the Pittsburgh Area Market

All News »

Please login or register to post a comment.