About
Paramount Lodging Advisors (PLA) is a National Hotel Advisory Team exclusively committed to the Hospitality Industry. We provide services that include Hotel Brokerage, Hotel Financing, Hotel Equity Raise, Hospitality Consulting and Hotel Value Enhancement Advisory.Our Hotel Brokers have completed over $10 Billion in hotel transactions. We have proven success in all hotel brokerage asset classes, having sold everything from $94MM Resorts, to $50MM hotel note portfolios to a 15 - property Wyndham hotel portfolio. As the 188th fastest-growing private company in the U.S per Inc. Magazine and second fastest growing private company in Chicago, PLA is clearly the fastest rising and best choice for hotel brokerage and other real estate services.
Top Deals
SOLD
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Illinois | Hotel
+ 1
05/29/2024
SOLD
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New York | Hotel | PPSF: $60
+ 1
11/15/2023
SOLD
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Costco Wholesale Acquires Norwalk Hotel For $13.5M With Representation By Paramount Lodging Advisors
Connecticut | Hotel | PPSF: $97
+ 1
10/31/2023
SOLD
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New Jersey | Hotel | PPSF: $89
+ 1
12/01/2023
SOLD
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New York | Hotel | PPSF: $99
+ 2
11/01/2023
Focus
Sale
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Headquarters
1290 N Clybourn Ave Chicago IL 60610
FAQs
Paramount Lodging Advisors has closed 6 sales.
Paramount Lodging Advisors's most recent deal was on May 29, 2024.
Paramount Lodging Advisors's largest deals include a sale of $16,430,000.00 for 640 North Wabash Avenue.
Member since: December 2023
Deals
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SOLD
Peter Patel Of Formation Capital Acquires Holiday Inn Express Chicago Magnificent Mile $16.43M
640 North Wabash Avenue, Chicago, IL
ILCRE
May 29, 2024
SOLD
Vid Mitta Acquires DoubleTree Mahwah Hotel For $7.95M
$89/SF
180 New Jersey Highway 17, Mahwah, NJ
NJCRE
Dec 1, 2023
SOLD
Visions Hotels Acquires Amherst Hotel For $14.15M From Seller Rialto
$60/SF
1340 Millersport Highway, Buffalo, NY
NYCRE
Nov 15, 2023
SOLD
Morris Oiring Acquires Holiday Inn Express Downtown Albany Hotel For $7.2M
$99/SF
300 Broadway, Albany, NY
NYCRE
Nov 1, 2023