News for the Hospitality Executive
Sale of the Red Roof Inn Chicago-Lansing, Illinois
12, 2010 - Kansas City, Missouri - Warmbrodt Hotel Investments, Inc. ("WHI")
announced today it has been selected to advise in the disposition of the
Red Roof Inn located in the Lansing, Illinois, a southern suburb of Chicago.
The totally renovated, two story, 108 room property has high visibility
on Torrance Avenue and excellent access from Interstate 80/94/294. The
location is proximate to major companies including Ford Motor Company,
BP Amoco,US Steel Corporation, Lear Corporation, Unilever, Cargill, Inc.,
and Dover Steel.
Herb Warmbrodt, President of WHI has said "We are pleased to be selected to advise Red Roof Corporate on the disposition of this asset. This offering allows an owner/operator to purchase a totally renovated property, at the bottom of the cycle and take advantage of the industry recovery forecasted by Smith Travel Research. We are receiving excellent reception from the investment community."
WHI is a Kansas City based, hotel real estate firm tha specializes in the disposition, acquisition, financing and debt restructuring of hospitality related assets throughout the United States. www.whikc.com
|Also See:||Warmbrodt Hotel Investments Selected to Advise in the Sale of the Value Place - Nellis Air Force Base Located in Las Vegas, Nevada / April 2010|
|Warmbrodt Hotel Investments Advises in the Sale and Debt Placement of the Holiday Inn Express - Salina, Kansas/ March 2010|
|Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the Ramada Stevens Point Located in Stevens Point, Wisconsin / October 2009|
|Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the American Inn located in Greater Kansas City / October 2009|
|Warmbrodt Hotel Investments - WHI Selected to Advise in the Sale of the Cambridge Suites located in Wichita, Kansas / September 2009|