Among
the noteworthy deals of the past week was KSL Capital Partners’ acquisition of
the Westin Hilton Head Island Resort & Spa in South Carolina.
HILTON HEAD,
South Carolina —Denver-based KSL Capital Partners, through an affiliate, has
acquired the 420-key Westin Hilton Head Island Resort & Spa in South
Carolina through its Tactical Opportunities Fund. Neither the seller nor the
amount of the deal was disclosed.
Located on
South Carolina’s Atlantic coastline, The Westin Hilton Head features recently
refreshed rooms with beach-inspired décor, private balconies and ocean views.
The property features nearly 40,000 square feet of flexible indoor and outdoor
event space, accommodating up to 1,000 guests.
Since 2012,
the property has had more than $47 million in capital enhancements. Click here
for more on this acquisition.
To download
our list of deals from the past week in Excel format, click here.