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GRAND ISLAND, NEB. — HREC Investment Advisors and Prudential Properties Inc. have arranged the sale of a 197-room hotel property in Grand Island for an undisclosed price. The Holiday Inn Grand Island Midtown will be renamed the Hotel Grand Conference Center. Amenities at the hotel include a business center, dry cleaning and laundry service, meeting space, fitness center, bar, lounge, indoor pool and free airport transportation. HREC Investment Advisors and Prudential Properties Inc. represented the seller, which has owned the Holiday Inn Grand Island Midtown since 1974. The buyer in the transaction was undisclosed.