Enduring Hospitality has secured a $44 million loan to refinance a newly renovated luxury hotel property in Montauk, N.Y., Commercial Observer has learned. Catal Group provided the loan on the 44-key Offshore Montauk on Long Island’s East End. The lodging asset, formerly known as the Sands Motel, recently underwent a renovation project with guest rooms […]
This content is for informational purposes only and does not constitute investment advice. Always consult with qualified professionals before making investment decisions.
Related Reading
trending_up
market update1m
Trump’s Federal Building Selloff Runs Into $26B Repair Backlog
trending_up
market update1m
SFA Agency Extends, Expands Tenancy at One Battery Park Plaza
trending_up
market update1m
DTLA’s Bank of America Plaza Trades for $210M in Receivership Sale
Get Daily Insights Like This
Join thousands of CRE investors receiving market updates, deal analysis, and tenant intelligence daily.
Subscribe Free