Warmbrodt Hotel Investments Announces the Sale of the Hilton Garden Inn Kansas City, Kansas
KANSAS CITY, KS. May 19, 2016 - WHI announced today they closed the sale of the Hilton Garden Inn Kansas City, Kansas. WHI was the exclusive adviser on behalf of the seller, KCK Hotel Group, LLC. The seller was a public/private partnership between the Unified Government of Wyandotte County/Kansas City, Kansas and a local investment group. The property was sold to an affiliate of Fairwood Capital and HP Hotels has assumed the management of the hotel. The purchaser plans to renovate the guest room bathrooms.
"This property was received very well by the national, regional and local investor community and the results for the seller were excellent. The transaction accomplished separating the adjacent Reardon Center from the hotel's operations, which allowed the Unified Government to enter into a new lease with Kansas City's largest caterer, Brancato's Catering. Because of the complexity of the transaction, all parties involved were patient and worked together to bring this to a close", said Herb Warmbrodt, President of WHI.
The 147-room, six-story, interior-corridor property is a modern prototype building located in central Kansas City, Kansas. Each room contains a 37-inch, LCD television, MP3-compatible alarm clock, coffee marker, refrigerator and microwave.
Kansas City, Kansas is directly west of downtown Kansas City, MO and is part of the greater Kansas City, MO MSA. The property is only 20 minutes from the Kansas City International Airport and is proximate to restaurants, recreational facilities, casinos and a number of corporations including General Motors, VVF, Ltd. and Keebler Associated Wholesale Grocers.
Additional leisure attractions such as Sprint Center, Legends Shopping Center, Kansas Speedway, Kansas City Royals and Kansas City Chiefs, the Power & Light District and the Kaufman Center for the Performing Arts are within a few minutes drive of the property.
About Warmbrodt Hotel Investments
WHI provides real estate brokerage and investment banking services exclusively to the hospitality industry; specifically in acquisitions, dispositions, financing, equity placement and debt restructuring. With over 35 years collective experience and $1,600,000,000 worth of completed transactions, we have developed a reputation for working equally well with Wall Street funds controlling large portfolios, and properties owned by individual owners/operators.
Contact:
Herb Warmbrodt
[email protected]
913.381.3737
Marriott International, Inc. (NASDAQ: MAR) is a global leading lodging company based in Bethesda,Maryland, USA, with more than 4,200 properties in 80 countries and territories. Marriott International reported revenues of nearly $14 billion in fiscal year 2014. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, including: The Ritz-Carlton®, BVlgari®, EDITION®, JW Marriott®, Autograph Collection® Hotels, Renaissance® Hotels, Marriott Hotels®, Delta Hotels and Resorts®, Marriott Executive Apartments®, Marriott Vacation Club®, Gaylord Hotels®, AC Hotels by Marriott®, Courtyard®, Residence Inn®, SpringHill Suites®, Fairfield Inn & Suites®, TownePlace Suites®, Protea Hotels® and MoxyHotels®. Marriott has been consistently recognized as a top employer and for its superior business ethics. The company also manages the award-winning guest loyalty program, Marriott Rewards® and The Ritz-Carlton Rewards® program, which together surpass 50 million members. For more information or reservations, please visit our website at 
