South Street Partners and TPG Real Estate Acquire The King and Prince Beach & Golf Resort
August 13, 2024
South Street Partners and TPG Real Estate formed a joint venture to acquire The King and Prince Beach & Golf Resort on St. Simons Island from MMI Hospitality Group and the Sturdivant family. The investors plan a comprehensive renovation and repositioning of the 142-key beachfront resort and golf club to elevate amenities and drive growth in the supply-constrained Golden Isles market.
- Buyers
- South Street Partners, TPG Real Estate
- Targets
- The King and Prince Beach & Golf Resort
- Sellers
- MMI Hospitality Group, Sturdivant family
- Industry
- Restaurants & Hospitality
- Location
- Georgia, United States
- Transaction Type
- Buyout
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