City: Montauk

The Real Deal KSL Capital Partners has purchased the 96-unit Marram hotel at 21 Oceanview Terrace in Montauk, N.Y., for $78.5 million, or $820,000/room, from Bridgeton Holdings. Last year, Bridgeton, a New York developer, listed the property for sale along ...

Commercial Observer A venture of Metrovest Equities and BLDG Management has lined up $217.5 million of financing against the 158-room Gurney’s Montauk Resort and Seawater Spa in Montauk, N.Y. Deutsche Bank provided the loan, which was arranged by Newmark. The ...