Skip to main content
The Trentini Team
my account
site map
our twitterour facebook page
Evansville  Real Estate - Homes For Sale | Indiana Realtors - Agents
Search Evansville & Newburgh, Indiana Properties
Featured Listings
Evansville Real Estate - Homes for Sale | Indiana REALTOR®
Newburgh Real Estate - Homes for Sale | Indiana REALTOR®
Relocating to Southwest Indiana?
Buying and Selling Southwest Indiana Homes
About The Trentini Team - F.C. Tucker Emge REALTORS® - Southwest Indiana REALTOR®

Real Estate Blog
Latest Posts

 Real Estate Blog 
Tuesday, February 03 2009

We reported a few weeks back that the Executive Inn was sold to a new owner. The latest report shows however, that the new owners of the hotel acquired the Executive Inn through deed in lieu of foreclosure instead of a sale.


Exec Inn wasn't sold to new owner


The new owners of the Executive Inn acquired the Downtown hotel through a deed in lieu of a foreclosure, rather than a sale.


A little more than a week ago, Mutual Hospitality Management announced that it taken possession of the Executive Inn from the former owner, Tejany Hospitality Inc. Mutual Hospitality Management is a subsidiary of Mutual Bank of Harvey, Ill., which had given Tejany Hospitality the financing needed to buy the Downtown hospital.


Since then, the Executive Inn has fallen behind on a number of tax payments and lost its license to serve liquor. Representatives of Mutual Bank came to Evansville on Friday to meet with the mayor, a county commissioner and representatives of the Convention and Visitors Bureau, according to Gary Jossa, a local spokesman for Mutual Hospitality Management.


In those meetings, the company promised to make improvements to the hotel as well as pay off the overdue taxes, Jossa said.


A representative of Mutual Hospitality Management will likely return to Evansville next week, he said.


For more on this story, check back to





Posted by: Rolando Trentini AT 03:45 pm   |  Permalink   |  Email

The Trentini Team
7820 Eagle Crest Bvd., Suite 200
Evansville, IN 47715
Office: (812) 479-0801
Cell: (812) 499-9234

Accredited Buyer Representative

Equal Housing Opportunity

Multiple Listing Service?



Pro Step Marketing

The Trentini Team is the sole owner of the information collected on this site. Neither The Trentini Team nor the team associates will sell, share, or rent this confidential information to others. Your privacy is the primary issue for The Trentini Team. 

By submitting personal information such as name, address, phone number, email address and/or additional data, the real estate client/prospect consents that The Trentini Team or their authorized representative may contact client/prospect by phone, U.S. Postal System, or e-mail whether or not client/prospect is participating in a state, federal or other "do not contact" program of any type.
Copyright© 2007 The Trentini Team, REALTOR®, All Rights Reserved.