April 5, 2023

Preti Assists in Acquisition of Ogunquit Landmark Hotel

Giri Hotels, one of New England’s largest hospitality groups, has acquired Anchorage by the Sea, a premiere waterfront resort situated on the famed Marginal Way in Ogunquit, Maine. Anchorage by the Sea is the 47th hotel in Giri’s portfolio. Preti Flaherty attorney Jason Howe represented Giri in the transaction.

“It has been a privilege working with the Giri team over the years as they've expanded across New England, New York, and points beyond,” said Attorney Howe. “This is a group that’s committed to providing exceptional experiences, and Anchorage by the Sea is a perfect fit for Giri’s high standard of quality and service. I’m thrilled for Giri and their continued success.”

Giri Hotels is based out of Quincy, Massachusetts, with 24 properties in Maine. The company plans to continue investing in Anchorage by the Sea to carry on its commitment to the community and offer the same great hospitality and family feel.