Announced

Completed

Flacks Group completed the acquisition of the Augusta Golf Crowne Plaza Hotel.

Synopsis

Flacks Group, a Miami-based investment firm, completed the acquisition of the Augusta Golf Crowne Plaza Hotel, an IHG Hotel known for its premier hospitality offerings in the vibrant Augusta, Georgia area. Financial terms were not disclosed. "We saw a compelling opportunity with the Crowne Plaza North Augusta, a newly built, full-service luxury hotel in a prime location within one of America’s most celebrated tourist destinations. The hotel’s close proximity to the Augusta National Golf Club and the unrivaled Riverside Village location makes it an ideal asset for our real estate portfolio," Michael Flacks, Flacks Group Chairman, CEO & Founder.

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