ATLANTA, Georgia—Hunter Advisors introduced the sale of La Posada de Santa Fe, a Tribute Portfolio Resort & Spa, a landmark resort in Santa Fe, New Mexico. The transaction was brokered by Kami Burnette, senior vp, and Brian Embree, vp, on behalf of the vendor, Ashford Hospitality Belief, and the customer, Abo Sada, LLC.
Located on greater than 5 acres in downtown Santa Fe and steps from Santa Fe Plaza, La Posada operates as a village-style resort composed of Pueblo-Revival adobe casitas. The property consists of 157 guestrooms and suites, a number of food-and-beverage venues, a full-service spa, and roughly 7,700 sq. ft of assembly area. The resort’s eating program consists of a number of retailers, together with the Staab Home lounge, alongside a set of eating places and social areas.
Statements From Management
“The providing offered a uncommon alternative to amass a large-scale, institutionally branded resort in one of the crucial tightly held and supply-constrained markets within the Southwest,” mentioned Kami Burnette, senior vp at Hunter Advisors. “We’re grateful for the chance to facilitate a profitable transaction for purchaser and vendor.”
“Closing this transaction was satisfying given the long-lasting nature of the La Posada,” mentioned Brian Embree, Vice President at Hunter Advisors. “The property’s established working efficiency, mixed with clear avenues to reinforce the visitor expertise by way of future enhancements, supported robust investor curiosity all through the method.”
