Success Stories
Latest News
Paramount Capital Advisors is attending the International Hospitality Industry Investment Conference — we’re ready to talk hospitality investment, growth strategy, and what’s next for the industry.
Our team is on-site at the New York Marriott Marquis, reach out to John Pascal to book a meeting time now.
We’re proud to have our own John Pascal quoted in the latest Hotel Investment Today article on the state of hotel financing. John shares why bank debt deals are taking longer to close and what that means for borrowers in today’s market.
At Paramount Capital Advisors, we’re seeing strong momentum in our pipeline, and John’s insights reflect the real challenges — and opportunities — we’re navigating with our clients every day.
Paramount Capital Advisors is pleased to announce the closing of a $11,300,000 loan for the acquisition of the Courtyard by Marriott at the Indianapolis Airport. The five-year loan was funded by a local community bank at a rate of 7.25% with a loan to cost of 70% and 25-year amortization.
“While many lenders today are either full on hotels or have redlined hotels, we were successful in finding several banks interested in this transaction at a rate and leverage point that were very favorable in the current lending environment for hotels. The rate also reflected the fact that no deposits were required to be funded by the borrower,” stated John Pascal, Principal of Paramount Capital.
Hotels
Colorado Springs, CO
Dual Brand Hotel
$55,000,000 - Construction Loan
261rooms
Kennesaw, GA
Embassy Suites
$36,000,000 - Acquisition Loan
192 rooms
Alabama
Four Limited Service Hotels
$32,000,000 - Acquisition Financing
440 rooms
Private Owner
Limited Service Hotels
$25,000,000 - Acquisition Facility
North Carolina
Courtyard by Marriott & Hampton Inn
$17,600,000 - Acquisition Financing
174 rooms
Orlando, FL
Daskk Hotel
$16,000,000 - Non-Recourse Take-Out Loan
154 rooms
Dayton, OH
TownePlace Suites & Residence Inn
$16,000,000 - Acquisition Financing
194 rooms
Des Plaines, IL
Courtyard by Marriott
$15,800,000 - Acquisition Loan
180 rooms
Riverview, FL
Hampton Inn & Suites
$15,375,000 - Acquisition Loan
124 rooms
Chicago, IL
Hampton Inn
$14,700,000 - Refinancing
145 rooms
Kennesaw, GA
Hampton Inn
$12,500,000 - Refinancing
100 rooms
Minot, ND
Hyatt House Hotel
$5,100,000 - Acquisition Loan
130 rooms
Houston, TX
Hotel Indigo
$12,200,000 Construction Mini-Perm Loan
Surprise, AZ
SpringHill Suites Development
$11,700,000 - Construction Loan
110 rooms
Tucson, AZ
Four Points by Sheraton
$10,100,000 - Acquisition Loan
150 rooms
Goddard, KS
Hampton Inn
$9,000,000 - Construction Loan
135 rooms
Orlando, FL
Multifamily Property
$8,000,000 - Mezzanine Loan
233 units
Newport, KY
Homewood Suites Development
$7,800,000 - Joint Venture Equity
132 rooms
Other Notable Transactions
Port Lucie, FL
Independent Living Development
$30,473,000 - Construction Loan
$10,000,000 - Preferred Equity
Evanston, IL
Five Multi-Family Property Acquisition/Renovation
164 Units
National
Industrial Portfolio
$14,000,000 - Equity Investment
Private Owner
Limited Service Hotels
$25,000,000 - Acquisition Facility
North Carolina
Courtyard by Marriott & Hampton Inn
$17,600,000 - Acquisition Financing
174 rooms
Orlando, FL
Daskk Hotel
$16,000,000 - Non-Recourse Take-Out Loan
154 rooms
Minneapolis, MN
Brownstone Portfolio
$13,100,000 - Acquisition Loan
Chicago, IL
Five Seasons Health Clubs
$12,725,000 - Refinancing
Bloomington, IN
Walnut Knoll Student Housing
$12,000,000 - Acquisition Financing
198 units
“We were seeking a long term, fixed rate loan at 70% of cost on our acquisition of an exterior corridor Days Inn Hotel that was difficult to find. Paramount Capital Advisors was able source a loan for us that met our needs. They were also a big help to us during the closing process, working with the lender and the appraiser to get the loan closed on a timely basis. I would definitely use Paramount again.”
—Arvind Viradia