KSL Capital Partners Acquires Montauk Hotel From Bridgeton Holdings For $78.5M

21 Oceanview Terrace, located in Montauk, has been sold for $78,500,000 in a recent transaction. The property, which is a hotel, was sold by Bridgeton Holdings and purchased by KSL Capital Partners. Eric Resnick represented KSL Capital Partners in the deal, while Atit Jariwala represented Bridgeton Holdings.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $78,500,000
• Address: 21 Oceanview Terrace, Montauk
• Buyer: KSL Capital Partners - Eric Resnick
• Seller: Bridgeton Holdings - Atit Jariwala

The deal involved notable individuals and companies. Eric Resnick from KSL Capital Partners represented the buyer's side, while Atit Jariwala acted as the representative for Bridgeton Holdings. This transaction showcases the active real estate market in Montauk.