Hilton Grand Vacations Forms First Joint Venture with Strand to Develop Its First Resort in Charleston
Hilton Grand Vacations Inc. and Strand Capital Group, LLC, announce Liberty Place Charleston by Hilton Club. The downtown resort will be HGV’s first property in the historic Charleston, South Carolina, market as well as HGV and Strand’s first joint venture as development partners.
HGV’s $10 million investment in the capital-efficient joint venture structure allows the company to generate strong business results, while maintaining flexibility with cash flow for additional growth opportunities...
Source: eGlobal Travel Media