There was a "redeem" button on the awards page, so I clicked it, and reserved it at 48 Lex. Interesting choice of room types.

On the property list after you type in a location, the "continue" button is the one under the property, not the one right above it. The spacing is off in chrome at least. You can pick any category hotel through that page. Not sure what happens if you pick a cat 5 or 6.

just checked again, it does show up as "redeemed" now under awards.

-David