paramount capital advisors
Paramount Lodging Advisors Arranges the Sale of the Sky Rock Inn – Sedona, Arizona
Paramount Lodging Advisors | May 2, 2022
Paramount Lodging Advisors (PLA) is pleased to announce the sale of the Sky Rock Inn located in Sedona Arizona on behalf of Yang Capital. The 108-room hotel located at 1200 W Highway 89 in Sedona, is situated atop the West Sedona hilltop affording the best 360-degree views in the market. The hotel was purchased by Dauntless Capital Partners, an investment firm that builds and invests in durable businesses throughout the hospitality, consumer healthcare, manufacturing, and industrial sectors. The hotel will continue to operate under the Sky Rock Inn brand as well as the Spoken lifestyle experience, a supplemental brand to deliver an enhance...
Paramount Lodging Advisors Successfully Transacts Godfrey Tampa
Paramount Lodging Advisors | August 17, 2021
Paramount Lodging Advisors (PLA) has successfully executed the sale of the Godfrey Hotel & Cabanas Tampa. The PLA team representing the seller was led by Bennett Webster, Brent Clemens, and Brian Guernier. The sale allowed the lender to unwind their existing interest on the $45MM non-performing loan. “Despite the ongoing national and regional challenges in the current market, our team remains very bullish on the longer-term industry rebound. We believe Florida will remain at the forefront of the recovery,” stated Bennett Webster The sales add to Paramount Lodging Advisors’ continued and unprecedented success over the cou...
Paramount Capital Advisors Welcomes Eli Levenfeld to the Team
Paramount Capital Advisors | March 22, 2021
Paramount Capital Advisors (“PCA”) is pleased to announce the addition of Eli Levenfeld as the newest Associate to the team where he will be responsible for business development, underwriting and closing transactions. Most recently, Levenfeld worked on the Secured Debt Team at Equity LifeStyle Properties, where he originated and closed over $660 million in debt for the company’s portfolio. Mr. Levenfeld received his Bachelor’s degree from The University of Texas at Austin in American Studies and received a Business Certificate from the McCombs School of Business. “We are very excited to have Eli as part our team”, said Jo...
Paramount Capital Advisors Secures $9.2MM Loan for Hotel Development
Paramount Capital Advisors | November 17, 2020
Paramount Capital Advisors is pleased to announce the closing of a $9,200,000 construction loan for the development of the 135 room Hampton Inn and Suites in Goddard, Kansas. The Property will be part of the Genesis Sports Complex, which when complete, will consist of 10 baseball fields hosting baseball and softball tournaments, an Aquatic Facility which will include pools for competition, as well as a water park, surfing machine, lazy river plus a 12,000 sq. ft. Health Club. The loan represents approximately 50% of the total cost of the project. The three-year construction loan was priced at a spread of 350 basis points over a Libor floor...
Paramount Capital Advisors Welcomes Matt Mitchell to the Team
Paramount Capital Advisors | September 28, 2020
Paramount Capital Advisors is pleased to announce the addition of Matt Mitchell to the team as Managing Director. Mitchell brings over 20 years of experience in commercial real estate, having worked in roles financing complex real estate transactions throughout the U.S. Most recently, Mitchell served as Senior Vice President with Hall Structured Finance (Hall) where his responsibilities included loan origination for their construction and bridge lending program. Mitchell was responsible for executing over $500 million of real estate transactions primarily focused on funding loans for the construction of hotels, multifamily and condo proj...
Paramount Lodging Advisors Launches Subsidiary, Paramount Capital Advisors
Paramount Capital Advisors | August 21, 2018
Paramount Lodging Advisors (PLA) is pleased to announce the launch of Paramount Capital Advisors (PCA). PCA expands Paramount's reach and expertise into the Capital Markets arena. PCA provides strategic advisory in debt financing and equity placements for institutional and individual real estate investors in the hospitality sector. Since launching the platform in July 2018, PCA's capital advisory team has successfully closed over $75,000,000 in transactions. PCA's capital advisory services further benefits Paramount Lodging Advisors' clients by providing a more extensive suite of services, such as customized capital solutions for acquis...
