Warmbrodt Advises FelCor in Sale of Hampton Inn, Omaha
KANSAS CITY, MO, 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.
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