Gurney’s Montauk lands $235M refinancing
🏖️ Smith Hill Capital and Bain Capital completed a $235-million refinancing for Gurney’s Montauk Resort & Seawater Spa. The property, managed by BLDG Management and Metrovest Equities, spans 20 acres with 2,000 feet of beachfront in Montauk, N.Y., featuring 158 keys, five dining venues, 25,000 square feet of meeting/event space, and a 30,000-square-foot spa. JLL arranged the financing, aimed at supporting the resort's position as a luxury destination in a high-demand leisure market.
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