KSL Capital Partners Secures $65 Million Refinance Loan From Knighthead Funding For Hotel In Montauk

The property asset involved in this transaction is the Marram Montauk, a beachfront hotel located at 21 Oceanview Terrace in Montauk. The hotel consists of 65 keys and is part of the Montauk market. KSL Capital Partners acquired the property for $78.5 million four years ago.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $65,000,000
• Lender: Knighthead Funding
• Landlord: KSL Capital Partners
• Loan Type: Refinance
• Loan Date: 06/01/2026

Knighthead Funding provided a refinancing loan for the Marram Montauk, marking a significant financial transaction involving this property. This deal illustrates the ongoing relationship between the lender and the landlord in managing the asset's financial structure.