JLL Capital Markets announced today that it has closed the sale of the Dan’l Webster Inn, a 48-key historic inn within the Cape Cod community of Sandwich, Massachusetts.
JLL represented the seller, Catania Hospitality Group.
Positioned in the oldest town on Cape Cod, the 300-year-old inn features an outdoor pool and gardens, gift shop, Beach Plum Spa and on-site dining in four distinct dining rooms as well as a tavern. The Dan’l Webster Inn has won the DiRONA Award, placing it in the top 1% of restaurants in the country. In addition, the inn offers several meeting and event spaces.
The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Managing Director Alan Suzuki and Senior Director Matthew Enright.
“There continues to be strong interest from local and national investors for unique boutique offerings throughout New England. JLL is honoured to have represented the Catania family, who has been a tremendous caretaker of this one-of-a-kind historic asset with a history that dates back to the American Revolution,” said Suzuki.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About Catania Hospitality Group
Catania Hospitality Group is a family owned and operated business that includes seven restaurants, two hotels, two spas, two gift shops, an indoor water park and a fractional ownership residence club. The group was started in 1973 by V.J. Catania with one Hearth ‘n Kettle Restaurant in Falmouth, Massachusetts.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of September 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.