Ensemble Real Estate Investments buys Las Posadas of Sedona
Ensemble knows real estate – from hospitality and multifamily to commercial and medical, they have a total of 58 developments-redevelopments totaling more than 3.6 million square feet of success 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. A perfect home base for outdoor adventures in Red Rock Country, Las Posadas of Sedona is a rare find with direct access to hiking, mountain bike trails, wineries, award winning restaurants, and golf courses. Highlights of the adobe-style oasis includes 23 oversized, spacious guestroom suites and villas ranging from 650-square-feet to 1,650-square-feet all featuring double-sided fireplaces and private patios, an inviting sundeck with a swimming pool and Jacuzzi, as well as complimentary delicious gourmet southwestern breakfast.
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The Sedona region attracts over 4 million tourists annually and is home to the famed crimson, sandstone formations, world-class art galleries and award-winning restaurants. Las Posadas of Sedona also stands alongside frontage on The Red Rock Scenic Byway – a major thoroughfare into Sedona from Phoenix and Arizona’s 1st All-American Road – and has close proximity to shopping, dining, nearby golf resorts and the numerous natural attractions of Sedona.
Ensemble Hospitality, Ensemble’s hotel management division, will assume management of Las Posadas of Sedona as the property becomes Ensemble’s 13th hotel in its collection of hotels across the United States and third in Arizona, joining the Best Western Plus Arroyo Roble Hotel & Creekside Villas in Sedona that was acquired in 2019 and the Delta Hotels by Marriott Phoenix Mesa, in downtown Mesa, Ariz., that Ensemble acquired and renovated-rebranded in 2016.
“The addition of Las Posadas of Sedona in the Arizona market further demonstrates the commitment that Ensemble has to the hospitality industry in general and the rebound of tourism in the region overall,” said Kristi Allen, Senior Vice President of Hotel Operations at Ensemble. “The growth of the hospitality portfolio compliments the diverse and abundant roster of properties and projects Ensemble has acquired and are in the pipeline for years to come in Arizona.”
Ensemble Real Estate Solutions & Investments currently has more than 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 full-service healthcare real estate development, management and brokerage services in the Phoenix metro area since 1982, and provides leasing and management services for a more than 2 million square foot portfolio of real estate assets.