Albuquerque Radisson Hotel & Water Park Announces Major New Investment, Rescinds WARN Act Notification
The Radisson Hotel & Water Park in Albuquerque today announced that it has acquired a significant new investment commitment from its lender, FNBN-CMLCON I, LLC and its manager, Sorenson Group Management, LLC. This investment enables the property to rescind the WARN Act notification it had submitted March 8, 2011, and to continue to operate all of its facilities and services, including its state-of-the-art water park.