.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... ....
HIPICO Santa Fe is for sale for 4.96 million. The owners say they are being forced to sell because of Gov. Michelle Lujan Grisham’s restrictions aimed at slowing the spread of COVID-19. (Courtesy HIPICO
SANTA FE – An equestrian center near Santa Fe is up for sale and owners are blaming it on restrictions intended to slow the spread of COVID-19 imposed by Gov. Michelle Lujan Grisham.
HIPICO Santa Fe, located on South Polo Drive, said in a Monday news release that restrictions imposed by the governor led to the closure of most its operations and the cancellation of events, resulting in a 97% decrease in revenue during 2020. Owners of the property say they would rather not sell it, but they would need investors to keep it going.