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New Deal


Announced

Completed

Beemok Capital completed the acquisition of Charleston Place Hotel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Private

Domestic

Real Estate

United States

Acquisition

Friendly

Hotels and Motels

Completed

hotel operation

Synopsis

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Beemok Capital, a family office, completed the acquisition of Charleston Place Hotel, a 433-room Charleston place hotel. Financial terms were not disclosed. “We’re thrilled to officially complete the acquisition of Charleston Place, a landmark property that resonates in the hearts and minds of our local Charleston community and visitors alike. We intend to deploy significant investments at the property, while also honoring its unique heritage and overall identity that has solidified Charleston Place as one of the most iconic hotels in the Southeast," Benjamin Navarro, Beemok Founder.

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