Hampton Boathouses

$66,000,000

Townhome Development
Hampton Bays, NY

Originated a $66MM First Mortgage Loan to refinance 18 completed luxury townhome units and finance construction of an additional 19 townhomes in Hampton Bays, NY. The Sponsor is a repeat Borrower and had executed a 10-year lease for all 37 luxury townhomes with a publicly traded hospitality company, which plans to offer short-term rentals to its members.