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Knighthead Funding Refis Montauk Resort With $65M Loan

A beachfront hotel in Montauk, N.Y., has reeled in some fresh capital four years after the Eastern Long Island hospitality property was acquired. Knighthead Funding supplied a $65 million loan to refi

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A beachfront hotel in Montauk, N.Y., has reeled in some fresh capital four years after the Eastern Long Island hospitality property was acquired. Knighthead Funding supplied a $65 million loan to refinance the 65-key Marram Montauk on the eastern edge of the Hamptons in an area known for its surf fishing, Commercial Observer has learned. […]

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