Document:

<PAGE>
                                                                 EXHIBIT 10.14.5

                       FOURTH AMENDMENT TO LEASE AGREEMENT

         This Fourth Amendment to Lease Agreement (the "Fourth Amendment"), made
and dated this 28 day of April, 2003, by and between COUSINS LORET VENTURE,
L.L.C., a Georgia limited liability company, as successor-in-interest to
CSB-GEORGIA LIMITED PARTNERSHIP, a Georgia limited partnership ("CSB") (the
"Landlord") and LODGIAN, INC., a Delaware corporation, as successor-in-interest
to IMPAC HOTEL GROUP, L.L.C. (the "Tenant"), is effective July 1, 2003 (the
"Effective Date").

                                    RECITALS:

         WHEREAS, CSB as predecessor-in-interest to Landlord and IMPAC HOTEL
GROUP, L.L.C., as predecessor-in-interest to Tenant entered into that certain
Lease Agreement dated April 7, 1997 (the "Lease"), for that certain office space
consisting of 21,817 square feet of net rentable area, located on the 7th floor
at the Building known as Two Live Oak, 3445 Peachtree Road NE, Atlanta, Georgia
30326 (the "Leased Premises"), with a Lease Term beginning on July 7, 1997 and
ending at midnight on June 30, 2003;

         WHEREAS, the Lease was amended by First Amendment to Lease Agreement
dated May 8, 1998 (the "First Amendment"), whereby 7,597 square feet of net
rentable area, located on the 3rd floor of the Building, was added to the Leased
Premises, thereby increasing the net rentable area of the Leased Premises from
21,817 square feet to 29,414 square feet;

         WHEREAS, the Lease was amended by Second Amendment to Lease Agreement
dated June 7, 2000 (the "Second Amendment"), whereby 4,910 square feet of net
rentable area, located on the 3rd floor of the Building, was added to the Leased
Premises, thereby increasing the net rentable area of the Leased Premises from
29,414 square feet to 34,324 square feet;

         WHEREAS, the Lease was amended by Third Amendment to Lease Agreement
dated April 1, 2002, whereby 12,507 square feet of net rentable area, on the 3rd
floor of the Building, was withdrawn from the Leased Premises, thereby reducing
the net rentable area from 34,324 square feet to 21,817 square feet;

         WHEREAS, Landlord and Tenant wish to extend the Lease Term; and

                                   AGREEMENT:

         NOW THEREFORE, in consideration of the mutual promises contained herein
and other valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Landlord and Tenant hereby agree that, effective on the
Effective Date:

         1.    The Lease Term shall be extended for a period of twenty-six (26)
months, so that the Lease is now scheduled to expire at midnight on August 31,
2005 (the "Extension Term").

                                       1
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         2.    Net Rental for the Leased Premises, during the Extension Term, is
set forth below:

<TABLE>
<CAPTION>
                                                              Annual Net
                                              Square Feet     Rental Rate
                                                of Net        Per Square
                                               Rentable       Foot of Net
          From                Through            Area        Rentable Area
  ----------------------------------------------------------------------------
        <S>                  <C>               <C>           <C>
        07-01-03             07-31-04           21,817          $18.50
        08-01-04             08-31-05           21,817          $19.50
</TABLE>

      3.       a)      Notwithstanding anything contained in this Fourth
Amendment to the contrary, Tenant shall not be obligated to pay the Net Rental
under the Lease, (the "Abated Rent"), for calendar months January, 2004 and
January 2005 (the "Abatement Period"), provided Tenant is not then in default
under any of the terms and conditions of the Lease at any time during the
Abatement Period.

               b)      Upon the occurrence of any of event of material
default, and in addition to any other remedies provided to Landlord under the
Lease, Landlord shall be entitled to recover as damages, without limitation, the
total amount of such Abated Rent, without any notice or demand whatsoever.

      4.       a)      Landlord agrees to contribute an allowance of
forty-three thousand six hundred thirty-four dollars ($43,634.00) (the
"Extension Construction Allowance") for the plans and construction of the
improvements, to be constructed by Landlord, within the Leased Premises (the
"Tenant Improvements"). Any costs that exceed the Extension Construction
Allowance ("Tenant's Cost") shall be paid to Landlord by Tenant, upon demand.

               b)      Notwithstanding anything contained in the Lease to the
contrary, if the total cost of the Tenant Improvements shall be less than the
sum of the Extension Construction Allowance and any payment previously made to
Landlord with respect thereto, Landlord and Tenant understand and agree that the
Leased Premises shall receive the benefit of such excess Extension Construction
Allowance, that such excess shall not be used for any other purpose and,
further, in no event shall Landlord be obligated to disburse any portion of the
Extension Construction Allowance at any time following the last day of the
twelfth (12th) month from the Effective Date.

               c)      Tenant agrees to pay to Landlord, or Landlord's
designated agent, a fee for program management of the construction of the Tenant
Improvements, in an amount equal to three and one half percent (3-1/2%) of the
total costs of the plans and the Tenant Improvements, which shall be deducted
from the Extension Construction Allowance.

               d)      Tenant shall not make any alterations, additions or
improvements in or to the Leased Premises without Landlord's prior written
consent, which consent shall not be unreasonably withheld. Tenant shall not make
any alterations, additions or improvements to any common areas without
Landlord's prior written consent, which consent may be granted or withheld in
Landlord's sole discretion. Any alterations, additions or improvements requested
by Tenant and approved by Landlord shall be performed (i) by Landlord's
contractor or another contractor approved by Landlord, (ii) in a good and
workmanlike manner, and (iii) in accordance with all applicable codes, laws,
ordinances, rules and regulations of governmental authorities having
jurisdiction over the Demised Premises, including OSHA Regulations.

                e)     Other than set forth above, Tenant agrees to accept the
Leased Premises in its then existing condition (on an "as-is" basis).

                                       2
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         5.       Exhibit "H" (Renewal Option) of the Lease shall be deleted
entirely.

         6.       Tenant shall not be obligated or required to pay Additional
Rental, as set forth in Article 2.03 of the Lease, during the Extension Term or
the "Renewal Term," as defined below.

         7.       a)    Provided Tenant is not in default under any of the terms
and conditions of the Lease, Tenant may extend the Term of the Lease for a
period of one (1) year (the "Renewal Term") by giving written notice to Landlord
at least six (6) months prior to the expiration of the Extension Term.
Notwithstanding the foregoing, Tenant shall have no right to exercise such
option to renew unless Tenant is not in default on the date Tenant exercises
such option and on the last day of the Extension Term.

                  b)       If Tenant exercises its option to renew, the Net
Rental shall be calculated at the annual rate of $20.50 per square foot of net
rentable area.

                  c)       If Tenant shall fail to exercise its option for the
Renewal Term, or if all conditions set forth above are not entirely satisfied,
the Lease shall expire at the expiration of the Extension Term and Tenant shall
have no further right thereafter to renew the Lease or to require any interest
whatsoever in the Leased Premises.

                  d) This option to renew is not transferable and shall be
"personal" to Tenant as set forth above and that, in no event, will any assignee
or sublessee have any rights to exercise the aforesaid option to renew.

         8.       The parties hereto acknowledge that in this transaction,
Cousins Properties Incorporated, a Georgia corporation, has acted as agent for
Landlord and shall be paid a commission by Landlord for representation, pursuant
to a separate agreement. No one has acted as agent for Tenant. Landlord and
Tenant each represent and warrant to the other that, except as provided herein,
neither of them has employed or dealt with any broker, agent or finder in the
negotiations of this Fourth Amendment and each party shall indemnify and hold
the other party harmless from and against any liability, claim, damage, cost or
expense in the event of the inaccuracy of such representations and warranty.

         Except as modified herein, all other terms and conditions of the Lease,
as the same may have been previously modified from time to time, between the
parties above described, shall continue in full force and effect.

         The undersigned officers and representatives of the parties executing
this Fourth Amendment represent and warrant that they are officers of the
parties with authority to execute this Fourth Amendment on behalf of the
parties.

         All capitalized terms used herein, and not otherwise defined herein,
shall have the meanings ascribed to them in the Lease.

                                       3
<PAGE>

         IN WITNESS WHEREOF, the parties have executed this Fourth Amendment as
of the date and year first above written.

LANDLORD:

COUSINS LORET VENTURE, L.L.C.,
a Georgia limited liability company

By:      COUSINS PROPERTIES INCORPORATED,
         a Georgia corporation, member

By:      /s/ Jack A. LaHue
         --------------------------------------------
         Jack A. LaHue                                (print or type name)
         ---------------------------------------------
Its:     Senior Vice President
         ---------------------------------------------

                           [Corporate Seal]

         By:      LORET HOLDINGS, L.L.L.P.,
                  a Georgia limited liability limited partnership,
                  member

                  By:      PEACHTREE INVESTORS, L.P.
                           a Pennsylvania limited partnership,
                           general partner

                  By:      /s/ Douglas M. Firstenberg
                           --------------------------------------------
                           Douglas M. Firstenberg
                  Its:     General Partner

                                    [Corporate Seal]

TENANT:

LODGIAN, INC.,
a Delaware corporation

By:      /s/ Daniel E. Ellis
         ---------------------------------------------
         Daniel E. Ellis                              (print or type name)
         ---------------------------------------------
Its:     Senior Vice President
         ---------------------------------------------

                           [Corporate Seal]

                                       4<PAGE>

                                                                EXHIBIT 10.14.6

                       FIFTH AMENDMENT TO LEASE AGREEMENT

         This Fifth Amendment To Lease Agreement (this "Fifth Amendment"), made
and dated this 23rd day of December, 2003, by and between COUSINS LORET
VENTURE, L.L.C., a Georgia limited liability company (the "Landlord") and
LODGIAN, INC., a Delaware corporation (the "Tenant"), is effective December 22,
2003 (the "Effective Date").

                                   RECITALS:

         WHEREAS, CSB as predecessor-in-interest to Landlord and IMPAC HOTEL
GROUP, L.L.C., as predecessor-in-interest to Tenant entered into that certain
Lease Agreement dated April 7, 1997 (the "Lease"), for that certain office
space consisting of 21,817 square feet of net rentable area, located on the 7th
floor at the Building known as Two Live Oak, 3445 Peachtree Road NE, Atlanta,
Georgia 30326 (the "Leased Premises"), with a Lease Term beginning on July 7,
1997 and ending at midnight on June 30, 2003;

         WHEREAS, the Lease was amended by First Amendment to Lease Agreement
dated May 8, 1998 (the "First Amendment"), whereby 7,597 square feet of net
rentable area, located on the 3rd floor of the Building, was added to the
Leased Premises, thereby increasing the net rentable area of the Leased
Premises form 21,817 square feet to 29,414 square feet;

         WHEREAS, the Lease was amended by Second Amendment to Lease Agreement
dated June 7, 2000 (the "Second Amendment"), whereby 4,910 square feet of net
rentable area, located on the 3rd floor of the Building, was added to the
Leased Premises, thereby increasing the net rentable area of the Leased
Premises from 29,414 square feet to 34,324 square feet;

         WHEREAS, the Lease was amended by Third Amendment to Lease Agreement
dated April 1, 2002, whereby 12,507 square feet of net rentable area, on the
3rd floor of the Building, was withdrawn from to the Leased Premises, thereby
reducing the net rentable area from 34,324 square feet to 21,817 square feet;

         WHEREAS, the Lease was amended by Forth Amendment to Lease Agreement
dated April 28, 2003, whereby the Lease Term was extended to expire at midnight
on August 31, 2005;

         WHEREAS, Landlord and Tenant wish to include within the Leased
Premises, certain temporary storage area; and

                                   AGREEMENT:

         NOW THEREFORE, in consideration of the mutual promises contained
herein and other valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, Landlord and Tenant hereby agree that, effective on
the Effective Date:

         1.       Storage. Suite 355 containing 979 square feet of net rentable
area, located on the 3rd floor of the Building and shown on Exhibit "A"
attached hereto and incorporated herein by reference (the "Storage Space"),
shall be added to the Leased Premises, on a month-to-month basis.

                                       1
<PAGE>

         2.       Operating Expenses. Tenant's Percentage Share for the payment
of Additional Rental does not include the Storage Space.

         3.       Net Rental. The annual net rental rate for the Storage Space
shall be $18.50 per square foot of net rentable area of the Storage Space; or
$1,509.30 per month.

         4.       Construction. Tenant agrees to accept the Storage Space in
its then existing condition (on an "as-is" basis and Tenant shall not make, or
suffer to be made, any alterations, additions or improvements, including, but
not limited to the attachment of any fixtures or equipment in, or to the
Storage Space or any part thereof, without the prior written consent of
Landlord. Landlord is under no obligation, whatsoever, to provide or control
heated or cooled air or ventilation, within the Storage Space.

         5.       Parking. Tenant shall have no rights to parking permits in
connection with or as a part of the lease of the Storage Space.

         6.       Relocation. Landlord reserves the right at any time or from
time to time, at its option and upon giving at least thirty (30) days prior
written notice to Tenant, to transfer and remove Tenant from the Storage Space
to any other available area of substantially equal size within the Building and
at an equivalent annual net rental, subject to adjustments set forth herein.

         7.       Cancellation. Landlord or Tenant shall have the right to
terminate the Lease Term for the Storage Space, for any reason, effective at
any time, by delivering written notice of such election to the other party, at
least thirty (30) days prior to the effective date of the termination.

         8.       Broker. The parties hereto acknowledge and agree and warrant
to the other party that, neither party has employed or dealt with any broker,
agent of finder in the negotiations of this Fifth Amendment and each party
shall indemnify and hold the other party harmless from and against any
liability, claim, damage, cost or expense in the event of the inaccuracy of
such representation and warranties.

         9.       Assignment or Sublease. Tenant shall not sublet or assign the
Storage Space, in whole or in part, without the prior written consent of
Landlord.

         10.      Use. Tenant shall use the Storage Space for the storage of
non-Hazardous Substances and for no other purpose. "Hazardous Substances" shall
mean and include those elements of compounds which are contained in the list of
Hazardous Substances adopted by the United States Environmental Protection
Agency (EPA) or in any list of toxic pollutants designated by Congress or the
EPA or which are defined as hazardous, toxic, pollutant, infectious or
radioactive by any other federal, state or local statute, law, ordinance, code,
rule, regulation, order or decree regulating to or imposing liability
(including, without limitation, strict liability) or standards of conduct
concerning, any hazardous, toxic or dangerous waste, substance or material, as
now or at any time hereinafter in effect (collectively, "Environmental Laws").

         11.      Indemnification. Tenant hereby indemnifies and holds Landlord
harmless from and against any all claims, including but not limited to, loss or
theft of or injury and damage to Tenant's property located within the Storage
Space.

         Except as modified herein, all other terms and conditions of the
Lease, as the same may have been previously modified from time to time, between
the parties above described, shall continue in full force and effect.

                                       2
<PAGE>

         The undersigned officers and representatives of the parties executing
this Fifth Amendment represent and warrant that they are officers of the
parties with authority to execute this Fifth Amendment on behalf of the
parties.

         All capitalized terms used herein, and not otherwise defined herein,
shall have the meanings ascribed to them in the Lease.

         IN WITNESS WHEREOF, the parties have executed this Fifth Amendment as
of the date and year first above written.

LANDLORD:

COUSINS LORET VENTURE, L.L.C.,
a Georgia limited liability company

By:      COUSINS PROPERTIES INCORPORATED,
         a Georgia corporation, member

By:      /s/ Jack A. LaHue
   ------------------------------------------------------
         Jack A. LaHue
--------------------------------------------------------- (print or type name)
Its:  Senior Vice President
    -----------------------------------------------------

         [Corporate Seal]

By:      LORET HOLDINGS, L.L.L.P.,
         a Georgia limited liability limited partnership,
         member

By:      PEACHTREE INVESTORS, L.P.,
         a Pennsylvania limited partnership,
         general partner

By:      /s/ Douglas M. Firstenberg
   ------------------------------------------------------
Name:  Douglas M. Firstenberg
Its:  General Partner

         [Corporate Seal]

                     [signatures continue on the next page]

                                       3
<PAGE>

TENANT:

LODGIAN, INC.,
a Delaware corporation

By:      /s/ Daniel Ellis
   --------------------------------------------------
         Daniel Ellis
-----------------------------------------------------   (print or type name)
Its:  Vice President
    -------------------------------------------------

         [Corporate Seal]

                                       4
<PAGE>

                     [Architectural Design of Floor Space]

979 Rentable Square Feet

EXISTING THIRD FLOOR PLAN

TEMPORARY STORAGE AREA
TWO LIVE OAK, SUITE 350
ATLANTA, GEORGIA  30326

A Development of Cousins Properties
Joel Laseter Architect PC  12-19-03

This floor plan is intended only to show that the general layout of the
property or a part thereof. Landlord reserves the right to alter, vary, add to
or omit in whole or in part, any structures, and/or improvements, and/or common
areas shown on this plan. This plan is not to scale and all measurements and
distances are approximate.

                                  EXHIBIT "A"

                                 Storage Space

                                       5

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