KSL Capital Partners has acquired a 40,000sqft oceanfront resort in South Carolina, US, on behalf of its real estate fund that global investments across credit, debt securities and equity.
The Westin Hilton Head Island Resort & Spa has been acquired on behalf of KSL’s Tactical Opportunities Fund for an unspecified amount.
The resort’s 420 guest rooms and suites have been recently refreshed, offering private balconies and ocean views following a $47m (€40.2m) investment.
Dan Rohan, partner and head of tactical opportunities at KSL, said: “Well-maintained and strategically located in one of the Southeast’s most sought-after leisure destinations, The Westin Hilton Head is exactly the kind of high-quality, experience-driven destination we look to support at KSL.
“It’s one of the grand dames of the region, and we’re focused on building on the resort’s legacy and finding new ways to further elevate this beloved coastal destination.”
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