Star Mesa Capital acquires Ocean Point Inn in East Boothbay, Maine

• JLL arranged the sale of Ocean Point Inn, a 61-room oceanfront hotel in East Boothbay, Maine.

• Star Mesa Capital acquired the recently renovated hospitality asset from East Boothbay Bluebird Holdings LLC, with Lark remaining as operator.

• Strategically located in the Ocean Point neighborhood, the property benefits from demand generated by seasonal leisure travelers, groups and special events visiting Maine's Mid-Coast region.

BOSTON, Oct. 20, 2026 – JLL’s Hotels & Hospitality Group announced today that it arranged the sale of Ocean Point Inn, a 61-room oceanfront hotel located at 191 Shore Road in East Boothbay, Maine. The recently renovated hospitality property encompasses 42,890 square feet across 17 buildings situated on approximately 12.5 acres overlooking Linekin Bay and the Atlantic Ocean.

JLL represented the seller, East Boothbay Bluebird Holdings LLC, in the transaction. Star Mesa Capital acquired the asset.

Originally constructed in 1945 and comprehensively renovated in 2023, Ocean Point Inn offers a mix of guest rooms, suites and private cottages designed to capture a range of leisure travel demand. The property features a recently renovated waterfront restaurant and bar, outdoor pool, fire pits, lawn games, gift shop, oceanfront gathering spaces and more than 80 on-site parking spaces. The asset also includes on-site staff housing, providing a meaningful operational advantage in a seasonal hospitality market. Lark, which has operated the property, will remain in place as operator.

Situated within the Ocean Point neighborhood of East Boothbay, the property offers direct access to Maine's renowned Mid-Coast tourism corridor. Ocean Point Inn is approximately seven miles from Boothbay Harbor, a popular waterfront destination known for its restaurants, shops, galleries and maritime attractions. The hotel is also within driving distance of Bar Harbor, Acadia National Park and Greater Boston, positioning it to capture regional drive-to leisure demand throughout its operating season.

Beyond its waterfront setting, the property's campus-style layout and diverse lodging offerings differentiate it within the market. In addition to serving traditional leisure travelers, the hotel benefits from demand generated by weddings, social events, retreats and visitors to nearby scientific and educational institutions. The recent renovation of modernized guest accommodations, public areas, restaurant facilities and building infrastructure, creating a turnkey investment opportunity with limited near-term capital needs.

The JLL Hotels & Hospitality Group team was led by Senior Managing Director Alan Suzuki.

"Ocean Point Inn represents a quintessential Maine lodging experience that simply cannot be replicated today," said Suzuki. "Following a highly successful, top-to-bottom physical transformation, the inn provides Star Mesa Capital with a strong operational foundation and long-term value creation opportunities in one of New England's most sought-after coastal hospitality markets."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Star Mesa was founded in 2012 as an owner-operator of commercial real estate and has since evolved into a multi-strategy investment firm. Today, the platform includes Star Mesa Capital, which focuses primarily on credit-related investment opportunities, and Star Mesa Properties, which owns and operates a portfolio of real assets. The firm’s experienced team brings together diverse backgrounds that provide a distinct advantage in evaluating and executing a wide range of investments.

Star Mesa Capital maintains investments nationwide and typically targets opportunities in the $5–$15 million range, with flexibility to invest across the capital stack. Star Mesa Capital is closed to outside investment.