| KANSAS CITY, Missouri,
January 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 Doubletree Guest Suites located 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 and Mutual of Omaha. The 187-suite, 6-story property contains approximately
3,500 square feet of meeting space, indoor pool and fitness center. The
property was sold to an affiliate of Westmont Hospitality for an undisclosed
amount.
The company also announced it represented FelCor Lodging Trust in the sale of the Holiday Inn Hotel & Conference Center located in Davenport, Iowa. The 287-room property contains over 30,000 square feet of meeting space, an indoor pool, fitness center, restaurant and lounge. The property was sold to Edgehill Apartments, LLC for an undisclosed amount. Herb Warmbrodt, President of WHI said, �We are
pleased to have been awarded and completed these engagements to achieve
our client�s stated goals. Both transactions allowed FelCor to dispose
of non-strategic assets from their portfolio at very attractive pricing
points.� For more information contact Warmbrodt Hotel Investments, Inc.
About WHI WHI is a Kansas City based hotel real estate investment banking firm that specializes in the acquisition, disposition, and financing of hospitality related assets throughout the United States. For more information, please visit www.warmbrodthotels.com or 816-960-4747 |
