financeHotel Management··1 min·For: Owner, Investor, GM
Raines Sells South Carolina Cambria to Kramedas Family
An affiliate of Raines Company has sold the Cambria Hotel in Mount Pleasant, South Carolina, to Delaware-based owner-operator Kramedas family.
Key Takeaways
- 1Monitor regional market shifts as the Kramedas family expands its portfolio into Mount Pleasant, South Carolina.
- 2Utilize 1031 exchanges to facilitate tax-advantaged acquisitions in the current high-interest environment.
- 3Note the continued brand stability of Cambria Hotels as the new ownership retains the existing franchise agreement.
Source: Hotel Management
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