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New Cannon Beach resort owner plans upgrades
Hilary Dorsey//August 2, 2022//
Sonnenblick-Eichner Co. has arranged a $58 million sale and $40.6 million of acquisition financing and leasehold interests in the Surfsand Resort, a beachfront resort in Cannon Beach.
The resort was purchased by Vancouver, Washington-based Vesta Hospitality.
The new ownership is planning a $9 million renovation that will enhance the resort and its amenities.
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