CFO Capital has successfully arranged acquisition financing for the 110-key Best Western Truro–Glengarry hotel located in Truro, Nova Scotia.
Located an hour’s drive north of Halifax, the property spans 3.51 acres and offers a range of amenities. The facility includes Best Western branded buildings, a dedicated extended-stay complex, an on-site restaurant, and more than 12,000 square feet of meeting space via the attached Truro Convention Centre. This full-service offering positions the property as a key player in the region's hospitality market, catering to both leisure and business travellers.
The acquisition financing arrives at a time of growing demand for versatile hospitality spaces in Nova Scotia, particularly in areas that serve as gateways to other parts of the province. The Truro–Glengarry’s combination of accommodation, dining, and conference facilities underscores its value proposition as a destination for events and extended stays.
The property has also gained recognition within the hospitality industry, earning a nomination for the 2024 Travel & Hospitality Awards. This accolade highlights the hotel's reputation and commitment to quality service, making it a standout choice in the local market.
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