Maine hotel revival scuttled by financial storms

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A developer’s effort to renovate the York Harbor Motel and Cottages in York Beach, Maine, has foundered in a loan default and landed on the auction block less than a year after his purchase. Taylor Perkins’ York Beach Surf Club LLC bought the 54-room boutique hotel complex for nearly $3.6 million and is listed in court records with $6.2 million in failed loans.

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