After acquiring the Breakwater Hotel in Provincetown, Shirley-based developer Lexvest Group has announced the 26-room property will reopen for the 2019 tourist season following renovations.
Lexvest acquired the beachfront landmark at 716 Commercial St. in November from longtime owner Fred Sateriale for $2.36 million.
The acquisition follows Lexvest’s 2012 acquisition and renovation of the Cape Colony Inn. Lexvest has a specialty in Outer Cape hospitality properties and office and light industrial space in central Massachusetts.