November 17, 2024 3:54 am
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Navajo Gaming nearing Flagstaff after purchase of new property

Horsemen Lodge Steakhouse was recently purchased by the Navajo Nation Gaming Enterprise, which has leased the space back to the previous owners to continue operating the restaurant. / Kaitlin Olson / Arizona Daily Star

By Kaitlin Olson | Arizona Daily Star

Navajo Nation Gaming Enterprise is expanding toward Flagstaff with its recent purchase of 14 acres off U.S. Highway 89 two miles beyond city limits, including Horsemen Lodge Steakhouse.

According to property records from the Coconino County Assessor’s Office, the three adjacent parcels west of the highway were purchased for a total $5.2 million in cash on October 25 and November 13.

“We are always looking for opportunities to diversify and grow, just like any business,” Brian Parrish, CEO of Navajo Nation Gaming Enterprises, told the Arizona Daily Sun. “This property acquisition came up pretty recently and we thought it represented a great opportunity for us. Strategically, it is a really good location.”

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.