The Ocean Place Resort & Spa is a 12-story,
254 room full-service hotel located on almost 17 beach-front acres on
the New Jersey Coastline and includes 40,000 square feet of meeting and
event space, a private beach, two restaurants, a state-of-the-art
fitness facility, a full-service European spa, tennis courts, and both
indoor and outdoor pools.
United Capital Corp. (OTC Pink: UCAP) announced that it has acquired the Ocean Place Resort & Spa located on a pristine stretch of shoreline in Long Branch, New Jersey.
The Ocean Place Resort & Spa is a 12-story, 254 room full-service hotel located on almost 17 beach-front acres on the New Jersey Coastline and includes 40,000 square feet of meeting and event space, a private beach, two restaurants, a state-of-the-art fitness facility, a full-service European spa, tennis courts, and both indoor and outdoor pools. The hotel is the perfect location for the business traveler, regional association meeting, as well as a great host for weddings and other local social events.
In commenting on the announcement, A.F. Petrocelli, United Capital’s Chairman and President, noted, “Whether visiting for business, family vacation, or a beach-front wedding, this premier ocean front hotel is the perfect destination spot and a tremendous addition to our growing portfolio. Our plans for this property include a $15 million investment in improvements and renovations that will make this the most desired ocean front property along the Jersey shore and will surely add jobs and revenue to the local economy.”
The Company also owns and operates hotels in Atlanta, GA, Windsor Locks, CT, Miami, FL, Utica, NY, and Nashua, NH.
United Capital Corp. and its subsidiaries own and manage real estate and hotel properties and provide engineered products to industrial and automotive markets worldwide.
Logos, product and company names mentioned are the property of their respective owners.
United Capital Corp. (OTC Pink: UCAP) announced that it has acquired the Ocean Place Resort & Spa located on a pristine stretch of shoreline in Long Branch, New Jersey.
The Ocean Place Resort & Spa is a 12-story, 254 room full-service hotel located on almost 17 beach-front acres on the New Jersey Coastline and includes 40,000 square feet of meeting and event space, a private beach, two restaurants, a state-of-the-art fitness facility, a full-service European spa, tennis courts, and both indoor and outdoor pools. The hotel is the perfect location for the business traveler, regional association meeting, as well as a great host for weddings and other local social events.
In commenting on the announcement, A.F. Petrocelli, United Capital’s Chairman and President, noted, “Whether visiting for business, family vacation, or a beach-front wedding, this premier ocean front hotel is the perfect destination spot and a tremendous addition to our growing portfolio. Our plans for this property include a $15 million investment in improvements and renovations that will make this the most desired ocean front property along the Jersey shore and will surely add jobs and revenue to the local economy.”
The Company also owns and operates hotels in Atlanta, GA, Windsor Locks, CT, Miami, FL, Utica, NY, and Nashua, NH.
United Capital Corp. and its subsidiaries own and manage real estate and hotel properties and provide engineered products to industrial and automotive markets worldwide.
Logos, product and company names mentioned are the property of their respective owners.
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