TPG Hotels & Resorts Acquires Hotel In Chatham, MA From Oceanview Holdings LLC For $8.2M

Located at 946 Main Street in Chatham, MA, a hotel property has been sold in a recent transaction. The property, which offers charming accommodations in a prime location, was sold for a price of $8,200,000.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $8,200,000
• Date: 07/22/2022
• Address: 946 Main Street, Chatham, MA
• Market: Chatham, MA

The buyer of the hotel property is TPG Hotels & Resorts, while the seller is Oceanview Holdings LLC. Representing the transaction is Nicholas Herz from Boston Realty Advisors.

This sale marks a significant transaction in the hotel industry, showcasing the value of properties in the Chatham, MA market. With its desirable location and appealing amenities, this hotel presents a promising investment opportunity for the new owner. The involvement of experienced real estate professionals like Nicholas Herz adds to the credibility of this transaction.