Hotel ownership still in discussions

May 18, 2017 • Local News

A crew takes down a temporary banner from the sign in front of the former Sally Port Inn at 2000 N. Main St. on Thursday afternoon. Negotiations to purchase the 120-room hotel [auth] are continuing, said Ketan Patel, president of Efficient Engineering and Management Services, which has an office in Albuquerque, and represents the prospective hotel owners, NM NMC LLC, a family-owned hotel group that began inspections and analysis of the property in April. A new deadline of early June has been set to close the deal. The hotel is now owned by Access Point Financial Inc. of Atlanta. The prior owners, First Capital Real Estate Trust Inc. of New York City, closed the hotel unexpectedly in November. (Lisa Dunlap Photo)

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