Leines Hotel Advisors, Inc.
13253 Kerry Lane
Eden Prairie, MN 55346
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P  952-405-9370

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Hotels Sold

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


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The AmericInn Lodge & Suites of Coon Rapids

The AmericInn Lodge & Suites of Coon Rapids

Coon Rapids, Minnesota


We completed the sale of the Coon Rapids AmericInn. This property is located in a northern suburb of Minneapolis, Minnesota. Just as the overall hotel industry trended in 2009, this hotel saw significant reductions in revenue as well. This assignment came to us with the goal of getting the best value possible from a buyer that was capable of securing financing and closing in a reasonable timeframe.

Our initial challenge was to find a buyer familiar with the market and be able to demonstrate to a lender that they could stabilize revenues. This buyer also had to have a strong performance record to secure financing. Our second challenge came after the property was under contract and the franchisor made changes to the initial Franchise Agreement and to changes in the Property Improvement Plan proposed early in the sale process.  These changes threatened to terminate the sale.

Sale highlights: We conducted a broad marketing campaign that produced inquiries from buyers across the U.S. and as far away as India. Ultimately our best candidate came from the local area and had a good relationship with a locally based lender familiar with this market. Once the property was under contract we had to adapt to Property Improvement Plan and franchise agreement changes made by the franchisor. By assisting the buyer with his negotiations with the franchisor we were able to reach a suitable agreement between these parties and move the sale forward. Key to this success was listening to the lender's input and incorporating its requirements into the agreements.

After the sale we continued working with the seller and the buyer to ensure a smooth and equitable transition continued for both parties.  



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From Our Clients

"Ted Leines and Leines Hotel Advisors did an excellent job with the sale of our hotel. We had several difficult issues that could have derailed our sale of the property. Ted gave us the guidance we needed to make sound decisions. Ted found us a good buyer and kept the process moving forward and on track. Given these difficult economic times, and the tough lending environment we are in, we were very pleased with the outcome. We highly recommend Leines Hotel Advisors for the sale of your hotel."

- Richard Thompson - President - International Management Company

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