For Depani brothers, Starlite Motel was the start of a dream
SPRING LAKE — A year ago in September, three brothers from India purchased the longstanding Starlite Motel on the edge of town for approximately $550,000.Their business plan had been that the motel would serve as a springboard, an early acquisition in what was expected to be a growing portfolio of commercial properties they could expand into other cities. The Depani brothers first moved to Maryland, where their sister, Dipti, lived, after migrating to the United States in 2007. […]
