Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
Email Us

P  952-405-9370

Click Here to download our brochure.

Social Media

Follow us on Twitter View our Profile

Hotels Sold

Here is a sample of some of the hotels we have sold.

 

« Show all Case Studies

Holiday Inn of International Falls

Holiday Inn of International Falls

International Falls, Minnesota

We successfully completed the sale of the Holiday Inn located in International Falls, Minnesota. The owners wished to sell the property after almost 40 years of continuous ownership. The challenges to this property included the competing interests of the franchisor (Holiday Inn), the location (far north and perceived as a harsh climate), and a labor contract. The success of this sale required coordinated negotiations between the buyer, the franchisor and the union.  All three of these interests had to be balanced to move this project forward.

Sale highlights: Even though International Falls is located in far northern Minnesota on the border with Canada we had tours from potential buyers from as far away as California, Florida and Texas.  Once a buyer came forward that met the needs of the seller we negotiated a purchase agreement that satisfied both parties. This agreement enabled the buyer to conduct the extreme due diligence that is required from today’s lenders while operations continued uninterrupted.

Once under agreement:

  • We assisted in the communications with the franchisor to extend the agreement to enable the sale.
  • We made the introduction and participated in the initial meetings and dialogue with AmericInn International for a new franchise.
  • We worked extensively with the 1st position lender and the SBA to secure lending in a very tough lending environment.
  • We advised the seller regarding operational procedures leading up to the sale.
  • We were there at the closing to make sure the closing was completed smoothly.

We have continued to provide advice and input to both the seller and the buyer as the seller works to close the old operational entity and the buyer transitions the property to a new franchise.

 

New Listings Signup

If you want to be notified whenever we have a new listing, please enter your name and email address below.

Click to refresh image

From Our Clients

"We chose Ted Leines to list our Motel. Immediately, we were very impressed by his level of expertise and professionalism. At every turn, during the transaction and closing, Ted's high integrity was evident. We will definitely be using Ted Leines and Leines Hotel Advisors, Inc for all of our future Real Estate needs."

- Don & Cheri Eaton - Owners - E & M Motels, Inc.

View Testimonials

  RSS Feed

Subscribe to our RSS feed to stay on top of news, reports, and property announcements.

Subscribe

We use cookies to provide you the best experience using our website.
By continuing to use the site you agree that we can save them on your device.
Our cookies don't collect personal information.