Wardman Group has closed a portfolio of three recently renovated independent leisure hotels totaling 169 keys in high-barrier, drive-to New England markets.
The first property in the portfolio is the Ocean Gate Resort, a 65-key resort in Southport, Maine. Positioned on 33 acres of woods and ocean-view vistas the property is less than 10 minutes from downtown Boothbay Harbor, 75 minutes from Portland and three hours from Boston. The area is known for kayaking, boat tours, sailing, weddings, the Coastal Maine Botanical Gardens and local seafood.
Next is the 57-key Seven Hills Inn in Lenox, Massachusetts. Completed between 1910 and 1950 the hotel is situated on 27 acres in the heart of the Berkshires and maintains the same Gilded Age style throughout the property’s three buildings, which include the Manor House, Carriage House and Terrace House. Located around 2.5 hours from Boston and New York City, guests frequent the area for its many museums, Tanglewood music center, theatres, historic homes, hiking and fall foliage.
The third hotel is The Lodge at Mount Snow, which totals 47 keys, in West Dover, Vermont. This ski lodge offers an indoor hot tub, outdoor pool, fitness center and the Trailhead Tavern. The property is located on 1.25 acres at the base of Mount Snow within a short shuttle ride of the ski lifts. Positioned less than 15 minutes from historic downtown Wilmington, this drive-to destination is reachable in 2 hours and 45 minutes from Boston and 4 hours and 15 minutes from New York City.
The JLL Hotels & Hospitality team representing the seller was led by Managing Director Alan Suzuki, Director Matthew Enright and Analyst Emily Zhang, with local support from Senior Managing Director Jaime Fink and Managing Director Brooks Murphy.