in the Disposition of The Elms Hotel and Spa Located
in Excelsior Springs, Missouri
|KANSAS CITY, Missouri,
February 13, 2006 - Warmbrodt Hotel Investments, Inc. (“WHI”) a Kansas
City based hotel real estate firm, announced today it has been selected
to advise The Procaccianti Group in the disposition of The Elms Hotel and
Spa located in Excelsior Springs, Missouri. The 5-story, 153-room historic
hotel is surrounded by over 16 acres of beautiful grounds, contains over
11,000 square feet of meeting space, indoor and outdoor pools, fitness
center, two full-service restaurants, lounge, and a 10,000 square foot
The Property is located just 30 minutes from the
exclusive Country Club Plaza area of Kansas City, which positions it to
become the premier corporate retreat for firms such as H & R Block,
Cerner Corporation, DST Systems, Inc. Kansas City Southern Railways, Lockton
Insurance Group and American Century Funds, as well as an exclusive get
away for couples in Kansas City and the surrounding area.
Herb Warmbrodt, President of WHI said, “We are pleased to have been selected to advise The Procaccianti Group on The Elms Hotel and Spa. The Property has been well maintained by the owner, and is in a perfect position to capitalize on the growth in the corporate retreat and weekend leisure segments. This is a beautiful, historic Property that has been totally updated and with sound capital investments in certain areas, has excellent upside potential. Investors are viewing the Property as an excellent investment opportunity. We look forward to achieving our client’s stated goals in this disposition."
For more information regarding The Elms Hotel and Spa, please contact Herb Warmbrodt at 816-960-4747 or firstname.lastname@example.org.
|Also See:||Warmbrodt Hotel Investments advises FelCor Lodging Trust in the sale of the Hampton Inn-Central, Omaha, NE. / February 2006|
|Warmbrodt Hotel Investments Structures Sale of Park Inn Hotel, Omaha, NE; Assists In Restructure of Tax-Exempt Bond Financing / January 2006|
|Warmbrodt Hotel Investments Advises FelCor Lodging Trust in the Sale of the Doubletree Guest Suites, Omaha, NE and Holiday Inn Hotel & Conference Center, Davenport, IA / January 2006|
|Warmbrodt Hotel Investments, Inc. Advises FelCor in the Sale of the Holiday Inn and Holiday Inn Express-Moline, Illinois / June 2005|
|Warmbrodt Hotel Investments, Inc. Advises FelCor Lodging Trust in the Sale of the Holiday Inn-Mountainview in Albuquerque, New Mexico / October 2004|
|Warmbrodt Hotel Investments, Inc. Advises FelCor in the Sale of the Hoiday Inn-Westport, St. Louis, Missouri and Also Selected to Advise on Disposition of 360 room Holiday Inn - Albuquerque, New Mexico / May 2004|