Catal Group Refis Montauk Hotel With $44M Loan

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 […]