Surfsand Resort – Daily Journal of Commerce /news/tag/surfsand-resort/ Building and Construction News in Portland, Oregon and the Pacific Northwest Tue, 02 Aug 2022 22:06:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.6 /files/2023/08/favicon.webp Surfsand Resort – Daily Journal of Commerce /news/tag/surfsand-resort/ 32 32 New Cannon Beach resort owner plans upgrades /news/2022/08/02/new-cannon-beach-resort-owner-plans-upgrades/ Tue, 02 Aug 2022 17:44:40 +0000 /?p=268678 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.

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has purchased the in and plans $9 million in upgrades for the property. (Photo courtesy of Sonnenblick-Eichner Co.)

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.

The post New Cannon Beach resort owner plans upgrades appeared first on Daily Journal of Commerce.

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