Paramount Lodging Advisors Team Arranges Sale of the Heartland Inn Coralville, IA
CORALVILLE, IA. April 6, 2017 - Paramount Lodging Advisors (PLA) has successfully sold the Heartland Inn located in Coralville, IA. Managing Directors Adam Montufar, Bennett Webster, and Brent Clemens represented the seller in this transaction.
The 169-room Heartland Inn is situated walking distance from the University of Iowa Campus. In addition to its ideal location, the hotel has sustained consistent, prosperous overall performance for the past several years.
“We are extremely pleased with the execution of this transaction. It had a variety of unique complexities that all parties diligently worked through. The collaborative effort between our Chicago and Des Moines offices continues to find success in Iowa; with the Heartland sale marking our sixth trade within the state over the past eight months,” stated Montufar.
About Paramount Lodging Advisors
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.