Hotel Tybee
Location: Tybee Island, GA
Type: Hospitality
Price: $16,000,000
SMC has provided a $16,000,000 loan for the refinance of Hotel Tybee, which is located in Tybee Island, GA. The Property is a 208-room full-service beachfront hotel built in 1911, reconstructed in 1989, and most recently renovated in 2014. The Property is the largest hotel on Tybee Island and the only hotel with significant meeting space. The Property consists of a 4-story building with a restaurant, a bar, 2 outdoor pools, meeting rooms, and a business center.