Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • Publications
MissouriHospitality

Paramount Lodging sells 70-room Holiday Inn Express in Missouri

Staff Writer April 4, 2017
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Paramount Lodging Advisors, as the exclusive advisor to LNR Partners, sold the 70-room Holiday Inn Express located at 1716 Jefferson St. in Jefferson City, Mo.

The hotel was purchased by a local investor and will be rebranded.

Managing directors Adam Montufar, Bennett Webster and Brent Clemens represented the seller and completed a successful auction of the hotel via Auction.com.

“There are always a unique set of challenges to overcome when auctioning an REO asset,” said Montufar. “Despite a required flag change, we were able to generate interest from more than 135 buyers in under 40 days.”

This marks the eighth successful Auction.com sale for Paramount Lodging Advisors and 10th total sale on behalf of client LNR Partners. The transaction closed on the same day Paramount sold a 15-property Wyndham portfolio on behalf of a court-appointed receiver.

Tags
Paramount Lodging
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisMultifamily

Peak Properties takes over management duties at boutique multifamily property in Chicago

July 9, 2025
IllinoisMultifamily

Essex Three-Twelve close sale of five multifamily, mixed-use properties in Chicago during June

July 9, 2025
IllinoisOffice

Back on track: Signs of Chicago’s office revival

Nicole McAleeseJuly 9, 2025
IllinoisHospitality

Marcus & Millichap closes sale of Holiday Inn in Prospect Heights

July 8, 2025

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Advertise
  • Terms and Conditions
  • Contact
© 2025 REjournals.com