and Arranges Acquisition and Renovation Financing
of Albuquerque Hotel
addition, Neptune arranged the acquisition and renovation financing with
a national commercial bank. The three-year floating-rate loan includes
a hold back for hotel renovations. American Property Management Corporation,
the 10th largest independent management company in the country, will manage
the operations of the hotel. Asset management will be provided by
Standard Management Company.
Neptune Hospitality Advisors is a national real estate firm exclusively dedicated to the hotel industry with offices in San Diego, Dallas, Boston, and Honolulu. Neptune specializes in investment sales, debt and equity financing, capital advisory, and development advisory services. Neptune has completed over $150,000,000 in hotel sales and financing since its founding in 2001.
The Aventine Building
8910 University Center Lane
San Diego, CA 92122
p. (858) 964-5673
f. (858) 964-5679