Joint venture acquires Kansas City Marriott asset
Officials of a joint venture comprised of Wexford Lodging Advisors, a leading hotel investment and asset management firm, and Trinity Private Equity Group, one of the nation’s top alternative investment firms, have acquired the 398-room Marriott Kansas City Overland Park.
Located at 10800 Metcalf Ave., the 11-story hotel is situated on I-435 within 20 million square feet of office space, proximate to major headquarter offices, including Black & Veatch, Sprint, YRC and AMC Theaters.
The joint venture will invest approximately $17 million to upgrade the property’s guest rooms and public spaces. Davidson Hotels and Resorts, one of the nation’s largest third-party management companies, will operate the hotel.
In addition to a full guest room remodel, Wex