Paramount Lodging Advisors Sells Quality Inn & Suites Houston - Westchase
HOUSTON, TX. October 6, 2016 - Paramount Lodging Advisors (PLA) is pleased to announce the sale of the Quality Inn & Suites Houston - Westchase. PLA exclusively represented the special servicer seller, with Managing Directors Adam Montufar, Brent Clemens, Bennett Webster and Associate Subu Thiagarajan leading the efforts.
“We are extremely pleased with result of this auction and were pleasantly surprised by the more than 460 executed confidentiality agreements,” stated Thiagarajan.
“This transaction marks another successful trade for PLA on Ten-X and our 19th total sale on behalf of the seller. We were informed the confidentiality agreement count set a record for Ten-X and we look forward to continued success on the platform,” added Montufar.
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 regarding PLA, please visit www.ParamountLodging.com.
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