CHICAGO - Bondholders who took control of the St. Louis convention center hotel complex earlier this year have hired a real estate consultant to explore the sale of the smaller of the two hotels as revenues continue to fall short of budgeted projections.

The trustee, UMB Bank NA, reported in a bondholder notice this week that Convention Center Hotels Acquisition Co. had retained Jones Lang LaSalle Americas Inc. in an exclusive 11-month contract to explore the sale.

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