RREAF Acquires Two Hotels in Fort Pierce, Florida and Surfside Beach, South Carolina

RREAF Holdings LLC | December 7, 2021

DALLAS, TX - December 7, 2021 - RREAF Holdings LLC, a private real estate investment and development firm based in Dallas, TX, today announced the acquisition of their Beachside Hotel Portfolio. The portfolio includes Hutchinson Island Plaza Hotel in Fort Pierce, Florida and the Holiday Inn Oceanfront in Surfside Beach, South Carolina. The portfolio totals 203 keys with both assets in iconic beachfront locations that demonstrate some of the strongest performance among hospitality markets. For example, Holiday Inn Oceanfront is located within a short distance to Myrtle Beach, which attracts over 17 million visitors annually with a $7...