Smith Hill Capital Partners And Bain Capital Provide $235 Million Refinance Loan For Gurney’s Montauk Resort

The asset involved in this transaction is a hotel located at 290 Old Montauk Highway, known as Gurney’s Montauk Resort & Seawater Spa. This hotel has 158 keys and is situated in the Montauk market. The refinance loan amount for this property is $235,000,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $235,000,000
• Lender: Smith Hill Capital Partners & Bain Capital
• Landlord: BLDG Management & Metrovest Equities
• Brokers: Christopher Peck, Kevin Davis, Mark Fisher & Connor Medzigian - JLL
• Loan Type: Refinance

Key individuals involved in the transaction include Christopher Peck, Kevin Davis, Mark Fisher, and Connor Medzigian, who represented the brokers from JLL in the deal. Smith Hill Capital Partners and Bain Capital acted as the lenders for this refinancing transaction.