Announced
Synopsis
Private equity firms Henderson Park Capital and South Street Partners, agreed to acquire Palmetto Bluff, one of the largest remaining contiguous entitled waterfront properties on the East Coast. Financial terms were not disclosed. "Palmetto Bluff is an outstanding drive-to resort and residential destination set in a unique landscape which is set to benefit from the continued resilience of the premium leisure sector and South Carolina's long-term appeal. The resort offers great potential for further expansion and we are excited to team up with South Street as operating partners to enhance a truly exceptional luxury community for residents, guests and members," Nick Weber, Henderson Park Founding Partner.
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