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Today Wednesday, September 9, 2026
Procaccianti JV Buys Charleston Harbor Resort
financeHotel Business··1 min·For: Owner, Investor, GM

Procaccianti JV Buys Charleston Harbor Resort

Procaccianti Companies and Rugger Capital have acquired the 217-key Charleston Harbor Resort in Mount Pleasant, South Carolina, tapping TPG Hotels & Resorts for management. The transaction coincides with Suntex Marinas purchasing the adjacent 450-slip marina, with plans underway for a comprehensive resort renovation.

Key Takeaways

  1. 1Procaccianti Companies and Rugger Capital acquired the 217-key waterfront resort, to be operated by TPG Hotels & Resorts.
  2. 2Suntex Marinas bought the neighboring 450-slip Charleston Harbor Marina in a parallel deal, keeping operations separate.
  3. 3The new hotel ownership plans a comprehensive renovation and repositioning program in the coming months.

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Source: Hotel Business

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