MCM Elegante Hotel and Suites Acquires TownePlace Suites by Marriott in Farmington, NM

June 14, 2022

Phoenix, AZ, June 14, 2022 -- Dinesh “Dan” Rama and Anthony Becerra of NewGen Advisory is pleased to announce the successful closing of the TownePlace Suites by Marriott located in Farmington, New Mexico. Being within close range of some of Farmington’s unforgettable outdoor and cultural adventures such as Aztec Ruins National Monument, this 117-room suite property has maintained a powerful reputation with guests across major booking sites. “We’re excited about the property and happy to be part of the Marriott family,” says CEO/President Ed Lasater of MCM Elegante Hotel and Suites. “We feel this asset fits well with our othe...