blue flag partners
Blue Flag Acquires 94-Key The Beachside on Nantucket
Blue Flag | January 10, 2022
NANTUCKET, MA - January 10, 2022 - Local real estate firm Blue Flag Partners announced its acquisition of The Beachside on Nantucket (“The Beachside”), a 94-key hotel on North Beach Street in Nantucket, MA. Originally built in 1966, The Beachside encompasses an expansive 3.5 -acre campus in Nantucket’s Brant Point neighborhood and features one of just five hotel pools on the entire island. Given its central location and proximity to Jetties Beach, downtown Nantucket and the Steamship Authority Nantucket Ferry Terminal, The Beachside has been a favorite of visitors to Nantucket for over 50 years. The Beachside joins Blue Flag’s g...
Blue Flag Acquires The Kelley House in Martha’s Vineyard, Partnering With Life House on Management
Life House Hotels | October 5, 2020
MARTHAS VINEYARD, Mass. - Boston-based real estate private equity firm Blue Flag Capital, part of Blue Flag Partners, has acquired The Kelley House, partnering with award-winning Life House through its Life Hospitality independent management platform on the operation of the historic, 57-room boutique hotel. This transaction represents the fourth collaboration between NYC-based Life House and Boston-based Blue Flag. Their partnership continues to prosper, with multiple additional assets under contract in key target markets, and active discussions underway to acquire hotels in Nantucket, Martha’s Vineyard, and Long Island. The Kelley H...
Blue Flag Acquires The Roberts Collection in Nantucket, Partnering With Life House on Management and Restoration
Life House Hotels | May 2, 2019
NANTUCKET, Mass., May 2, 2019 -- Local real estate firm Blue Flag Partners ("Blue Flag") has acquired The Roberts Collection, partnering with award-winning Life House hotel group on the management and future restoration of the historic, 58-room boutique hotel. Life House has taken over management of The Roberts Collection through the summer 2019 season, and in partnership with Blue Flag's in-house development, branding and construction teams will debut a transformed lifestyle hotel with multiple food and beverage concepts in the spring of 2020. This is the first collaboration between NYC-based Life House and Blue Flag, whi...
