Peconic Equities Secures $8.3M Construction Loan For Westhampton Beach Hotel | 7 Beach Lane | Alan Perlmutter, George Spanos | Hotel | Loan

Summary

Loan

NEW YORK

Hotel

14,983 sqft

The property involved in this transaction is a hotel located at 7 Beach Lane in Westhampton Beach, Long Island. The hotel has a total area of 14,983 square feet.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $8,300,000
Loan Type: Construction

Peconic Equities, represented by Corey Gluckstal, is the landlord of the property. The brokers involved in the deal are Alan Perlmutter and George Spanos from GCP Capital Group.

Players

All
3

Agents
2
Agencies
1

Alan Perlmutter

Managing Member/Partner

George Spanos

Senior Associate

Gcp Capital Group

Details

Deal Summary

FINANCED

IMAGE: Corey Gluckstal, Alan Perlmutter & George Spanos DATE: 02/08/2023 ADDRESS: 7 Beach Lane MARKET: Westhampton Beach, Long Island ASSET TYPE: Hotel ~ SF: 14,983 LANDLORD: Peconic Equities - Corey Gluckstal (@FastAsleep75) BROKERS: Alan Perlmutter & George Spanos (@GSpan1013) - GCP Capital Group (@GCPCapitalGroup) LOAN AMOUNT: $8,300,000 LOAN TYPE: Construction

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Address7 Beach Lane

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