The Unified Government of Kansas City, Kan., and Wyandotte County has sold its downtown Hilton Garden Inn to Fairwood Capital LLC, a Memphis, Tenn., real estate firm, for $8.8 million.
The sale of the hotel, which is connected to the Reardon Convention Center, will allow the government to cover outstanding debt obligations on the hotel and pave the way for $2 million in renovations to the convention center, which the government continues to own.
The Unified Government also signed a five-year management agreement with Brancato Catering to manage the Reardon Convention Center, providing exclusive booking, event and catering services.
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