postcard inn on the beach
The LCP Group & Safanad Acquire Postcard Inn in St. Pete Beach, Florida
The LCP Group, L.P. | March 9, 2022
NEW YORK, NY — March 9, 2022 — A joint-venture between The LCP Group, L.P. (“LCP”), a vertically integrated, private real estate investment firm specializing in hospitality investing, and Safanad, a real estate and private equity investment firm, announced it acquired the iconic Postcard Inn on the Beach, St. Pete Beach, Florida. The 196-room oceanfront resort is situated on an expansive 9.64-acre tract with over 300 feet of frontage along the Gulf of Mexico, offering unparalleled access to St. Pete’s renowned beaches. Initially constructed in 1957, Postcard Inn features a lobby café, a full-service restaurant, and 3,880 square f...
Procaccianti Companies Acquires The Postcard Inn on The Beach in St. Pete Beach, Florida
TPG Hotels & Resorts | November 15, 2017
TPG Hotels & Resorts to Manage Hotel Cranston, R.I., November 15, 2017 — Procaccianti Companies, the nation's premier privately-held owner & developer of quality hospitality assets, today announced the acquisition of the 196-room Postcard Inn on The Beach in St. Pete Beach, Fla., for an undisclosed amount. TPG Hotels & Resorts, Procaccianti Companies' wholly owned operating company, will manage the property. This marks the 5th acquisition completed this year, putting the company on track for a record year in 2017. "With its irreplaceable beachfront location, the Postcard Inn is a wonderful addition to our national port...