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Resolute Commercial Services Appointed Receiver of Americana Hotel

 

Resolute Commercial Services, an Arizona-based receivership and corporate renewal firm, has been appointed receiver of the Americana Hotel, 639 N. Grand Ave. in Nogales.

After inspection, Resolute began initial work on issues surrounding the condition of the property. In addition, efforts were focused on property and operational concerns including management oversight, staff development, hotel marketing and financial management.

The property requires a variety of overall improvements as well as new management techniques and a new marketing plan to help increase hotel revenue. Once issues are remediated, Resolute will be in charge of the selling the assets.

 

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Pulling together the multiple facets of the commercial real estate industry in Arizona, AZRE: Arizona Commercial Real Estate Magazine reaches out to the largest local and national commercial real estate audience within the Grand Canyon State and beyond. AZRE covers up-to-date happenings within commercial development, brokerage, construction, investment, finance, architecture, property management, real estate law and more as it relates to Arizona. Additionally, AZRE is an active voice within the commercial industry, partnering with such organizations as NAIOP, ABA, ICSC AZ, AIA AZ and Valley Partnership.