in the sale of the Hampton Inn-Central, Omaha, NE.
CITY, Missouri, February 6, 2006 -WARMBRODT HOTEL INVESTMENTS, INC. (“WHI”),
a Kansas City based hotel real estate firm, announced today it advised
FelCor Lodging Trust in the sale of the 129-room Hampton Inn-Central in
Omaha, Nebraska. Located in the growing midtown area of Omaha, the property
is in close proximity to First Data Resources, Blue Cross Blue Shield,
Omnium, Info USA, Mutual of Omaha and the new 70-acre Aksarben mixed use
development. WHI also procured the financing for the acquisition with a
Kansas City based regional bank. The property was sold to StayInn Omaha,
Inc. based in Riverside, CA for an undisclosed amount. The property will
be converted to a Baymont Inn & Suites.
Herb Warmbrodt, President of WHI said, “We are pleased to have completed this engagement to achieve our client’s stated goals. The transaction allowed FelCor to dispose of a non-strategic asset from their portfolio at a very attractive pricing point.” For more information contact Warmbrodt Hotel Investments, Inc.
|Also See:||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|