Listen to this articleA hotel in the town of Greece that has been vacant since a 2023 foreclosure proceeding has new ownership.
Shivoham Hospitality LLC, headquartered in Huntersville, North Carolina, paid $2,133,178 for the hotel property at 1501 West Ridge Road. The five-story, 82-room hotel was built in 1986.
Shivoham Hospitality agreed to sales terms in January, and the deed was filed with the Monroe County Clerk’s Office on Thursday. Jital Jagdishbhai Patel and Pranav Vithalbhai Parekh are managing members of Shivoham Hospitality.
New Jersey-based Bank of Princeton foreclosed on the property in April 2023 and obtained a judgment of $5,131,557 against the previous owners, C ROC Holding LLC, C ROC Hurp LLC and Meenesh Bhoola. C ROC Holding paid $4.4 million for the property in June 2018.
The bank submitted the only bid, of $1,000, at a foreclosure auction on July 30.
The 38,540-square-foot hotel originally flew the Comfort Inn flag. It operated under the independent Hammock Hotel brand for the final two years.
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