Ensemble Real Estate Investments acquires Las Posadas de Sedona
Together know real estate – from hospitality and multi-family to commercial and medical, they have a total of 58 successful developments-redevelopments totaling over 3.6 million square feet with most projects centered in Arizona. Ensemble Real Estate Investments today announced the acquisition of Las Posadas of Sedona in the village of Oak Creek. An ideal base for outdoor adventures in Red Rock Country, Las Posadas de Sedona is a rare find with direct access to hiking, mountain biking trails, wineries, award-winning restaurants, and golf courses. The highlights of the adobe-style oasis include 23 spacious and oversized suites and villas ranging from 650 square feet to 1,650 square feet, all featuring double-sided fireplaces and private patios, an inviting terrace with swimming pool and jacuzzi, as well as a delicious complimentary Southwestern gourmet breakfast.
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The Sedona area attracts over 4 million tourists each year and is home to the famous crimson, sandstone formations, world-class art galleries and award-winning restaurants. Las Posadas de Sedona also sits along the front of the Red Rock Scenic Byway – a major thoroughfare leading into Sedona from Phoenix and Arizona’s 1st US Highway – and is close to shopping, dining, grounds nearby golf courses and Sedona’s many natural attractions.
Ensemble Hospitality, the hotel management division of Ensemble, will assume management of Las Posadas de Sedona as the property becomes Ensemble’s 13th hotel in its collection of hotels in the United States and third in Arizona, joining the Best Western Plus Arroyo Roble Hotel & Creekside Villas in Sedona. which was acquired in 2019 and the Delta by Marriott Phoenix Mesa hotels in downtown Mesa, Arizona, which Ensemble acquired and renovated and renamed in 2016.
“The addition of Las Posadas of Sedona to the Arizona market once again demonstrates Ensemble’s commitment to the hospitality industry in general and the rebound in tourism in the region in general,” said Kristi Allen. , Senior Vice President of Hotel Operations at Ensemble. “The growth of the hotel portfolio complements the diverse and plentiful list of properties and projects that Ensemble has acquired and are in the works for years to come in Arizona. “
Ensemble Real Estate Solutions & Investments currently owns over one million square feet of managed properties in the greater Phoenix area, including 15 medical office buildings, 3 hotels and 15 property listings.
Ensemble Real Estate Solutions & Investments has been providing comprehensive healthcare real estate development, management and brokerage services in the Phoenix metro area since 1982, and provides rental and management services for a portfolio of more real estate assets. of 2 million square feet.