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Procaccianti Companies Acquires Historic Nantucket Bed & Breakfast, The Regatta Inn

Tuesday, November 26, 2019
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TPG Hotels & Resorts
TPG Hotels & Resorts
Fully-accredited operator and developer.

PROVIDENCE, RI-Procaccianti Companies (Est. 1958), a second generation, privately-held real estate investment and hospitality services organization, today announced that it has acquired The Regatta Inn located at 78 Centre Street, Nantucket, Mass. The Regatta Inn boasts finely appointed guestrooms steps away from Nantucket’s quintessential downtown.

“This acquisition presented an extremely rare opportunity to acquire a spectacular property in one of the highest barrier-to-entry markets in the United States. The Regatta Inn is widely recognized as the one of the top Bed & Breakfasts on Nantucket and has benefited from excellent management and recent capital investments” stated James Procaccianti, president and chief executive officer, Procaccianti Companies. “The Regatta Inn has earned an exceptional reputation for delivering extraordinary guest service and high-quality amenities. We are extremely proud to be the next curators of this irreplaceable property.”

The Regatta Inn

This distinctive and historic Federal-style mansion was completely reconstructed, remodeled and refurnished in 2013-2014, giving each guest room an enlarged, spa-like Carrera marble and white-tiled en-suite bath, with subway-tiled showers and frameless glass doors, rainfall shower heads and custom cabinetry and fixtures. Each bedroom also features stunning furnishings by Serena & Lily and Restoration Hardware, sumptuous pillow top mattresses and Matouk fine linens, as well as exclusive Frette towels and cozy robes, in-room refrigerators and stunning modern decor.

The Regatta Inn is just a short walk to island ferries, shops, galleries, restaurants, museums, theaters, island shuttle buses and several spectacular beaches.
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