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Article: American Property Management completes purchase of historic resort, spa in Tucson.(TOURISM)(Westward Look Resort & Spa)(Brief article)
- Article from:
- San Diego Business Journal
- Article date:
- January 29, 2007
- Author:
CopyrightCOPYRIGHT 2007 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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APMC Looks East To Westward Look: San Diego-based American Property Management Corp. completed the purchase of the historic 244-room Westward Look Resort & Spa in Tucson, Ariz., this month.
Neptune Hospitality Advisors arranged senior financing of $30.5 million for the adobe-style property that was built up around a desert hacienda dating back to 1912.
Unique in character, the home's living room, just off the hotel lobby, features the original hardwood floor, stone hearth, wrought-iron chandeliers and ocotillo-ribbed ceiling.
Michael Gallegos, president and chief executive officer of APMC, says his company plans a ...