Address: Albuquerque
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State: NM
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The Mumford Company served as exclusive advisor to ALBHI Limited Partnership in the recent sale of the Hampton Inn-University/Midtown of Albuquerque, New Mexico to Terrapin Investors, LLC. Lance Potter of the Mumford Company’s Chicago, Illinois office and Mike Francis of the firm’s Dallas, Texas location facilitated the transaction for an undisclosed amount. The purchaser, Terrapin Investors LLC, a California based investor, plans to renovate the facility to maintain Hampton Inn’s exacting standards and to reinforce the hotel’s strong competitive position within the market.
Celebrating their 30th anniversary in 2008, the Mumford Company is a proven leader in the field of hotel real estate brokerage. The firm’s commitment to results-oriented customer service has yielded outstanding client results year after year. As a specialist in mid-market assets, Mumford Company has structured the sale of hundreds of hotels in the past five years alone, representing a wide array of owners and investors. For more information or to view current listings, please visit our Exclusive Listings Page for detailed information on any of our exclusive listings or contact (757) 873-0962.
