brokers
Paramount Lodging Advisors (PLA) Thrives in the Pittsburgh Area Market
Paramount Lodging Advisors | December 22, 2016
Paramount Lodging Advisors (PLA) is pleased to announce the sale of the SpringHill Suites Pittsburgh West Mifflin and Comfort Inn & Suites Pittsburgh RIDC. PLA exclusively represented the seller on both deals with Associate Omari Head and Managing Directors Brent Clemens and Bennett Webster leading the efforts on the nearly 320 combined rooms across the two assets. The two deals mark PLA's fourth and fifth consecutive successful engagements in the Pittsburgh area in 2016. "Despite a slight dip in area performance, we were pleasantly surprised with the buyer turnout and remain bullish on broader Pittsburgh area demand," noted Head. C...
Paramount Lodging Advisors Successfully Advises On Another New England Hotel
Paramount Lodging Advisors | April 19, 2016
CHICAGO, IL – Paramount Lodging Advisors (PLA) has completed the sale of the Hawthorn Suites by Wyndham. The 129-room extended stay property is located at 246 Daniel Webster Highway in Merrimack, New Hampshire. PLA Managing Directors Bennett Webster and Brent Clemens arranged the transaction. "We're pleased to get this one over the finish line and also with our continued success in the market. The trade follows our recent success on a four hotel Boston area portfolio and our work in the Connecticut I-95 corridor," noted PLA's Webster. "Similar to our other New England hotel transactions, there was a significant amount of interest ...
