DENVER, Colorado—HREC Funding Advisors introduced that it has organized the sale of the 65-room Greatest Western Territorial Inn & Suites in Bloomfield, New Mexico. The Purchaser, JHMC Inc., is a southwestern US regional lodge possession and administration firm.
HREC Funding Advisors solely represented the vendor, VWH Enterprises Inc., on this transaction. The advertising and marketing and negotiations have been led by Jeffrey Duni, senior vice chairman, HREC. VWH Enterprises Inc. is a household proprietor/operator and unique developer of the lodge.
“The acquisition of the Greatest Western Territorial Inn & Suites by JHMC Inc. supplied a chance to create efficiencies within the gross sales and administration efforts together with its Greatest Western lodge in close by Farmington, New Mexico,” defined Duni.
Located in Bloomfield, the lodge is adjoining to US 64, offering connectivity to Farmington and the whole 4 Corners area. Town has round 8,000 residents, and the native economic system is based totally on agriculture, oil and gasoline manufacturing, and retail companies. Bloomfield’s location affords company the chance to discover close by sights just like the Aztec Ruins Nationwide Monument, which incorporates well-preserved historic Puebloan ruins. Town itself has a couple of parks, museums, and annual occasions just like the Bloomfield Iris Competition.
