 KANSAS
CITY, Missouri, March 22, 2010 - Warmbrodt Hotel Investments, Inc. (�WHI�)
announced today it advised in the sale of the three-story, interior � corridor,
93-room Holiday Inn Express located in the Salina, Kansas. Additionally,
WHI placed the acquisition and renovation financing with a Kansas based
regional bank.
WHI represented the seller, FCH/HHC Hotels, LLC in the purchase by Kansas Lodging Group, LLC. Opened as a Holiday Inn Express in 1997, the Property will receive a major renovation and be converted to a LaQuinta Inn & Suites. Herb Warmbrodt, President of WHI said �We are pleased to have been involved in this transaction and achieved the stated goals of our client. Even in this very challenging economic climate, WHI continues to use its long-term relationships with well capitalized investors and lender�s capable of finalizing the transactions." Warmbrodt Hotel Investments, Inc. (�WHI�) is a Kansas City based, hotel real estate firm that specializes in the disposition, acquisition and financing of hospitality related assets throughout the United States. For more information please contact Herb Warmbrodt or Zane Varvel at
913-381-3737 or [email protected]
or [email protected]
|