News for the Hospitality Executive |
Historic Elms Hotel & Resort in Excelsior Springs, Missouri |
KANSAS CITY, Missouri, July 7, 2011 Warmbrodt Hotel Investments, Inc. ("WHI") a Kansas City based hotel real estate firm, announced today it advised The Elms Resort, LLC in the sale of The Elms Hotel and Spa located in Excelsior Springs, Missouri, at the outer edge of metropolitan Kansas City. Terms of the transaction were not disclosed. The purchaser was Widewaters
Group, Inc., a Syracuse, New York based development and management
company,
that presently owns 18 hotel properties in the US and Canada.
Currently, The
Elms Resort & Spa is comprised of 153 guest rooms; 10,000
square feet of
spa space; 11,000 square feet of meeting space; a restaurant; two
lounges; and
approximately 16 acres of property. Initial renovations call for a
transformation of the property's rooms, spa, meeting space and
restaurant into
a premier regional destination and restoring the historic hotel to its
prior
social status.
WHIprovides real estate brokerage and investment banking services exclusively to the hospitality industry; specifically in the acquisition, disposition, financing, equity placement and existing debt restructuring of hotel assets, throughout the United States. For more information, please e-mail or call Herb Warmbrodt directly at [email protected] or 913-381-3737 or visit our website www.whikc.com. |
Warmbrodt Hotel Investments 2020 West 89th Street Leawood, KS 66206 T: 913-381-3737 F: 913-381-6767 E: [email protected] www.whikc.com |