Concordia Hotel Advisors is pleased to announce the off-market sale of the "Hobbs Inn" in Hobbs, New Mexico. The transaction was completed following a 70-day escrow period.

New ownership plans on extensively renovating the property and will continue operations as an independent hotel. Raj Patel worked diligently with both parties to ensure a seamless transaction. Thank you to everyone involved in successfully completing this transaction, and congratulations to both parties.

Please contact raj@concordiahotels.net for additional opportunities or a complimentary "Broker Opinion of Value".