South Street Partners and TPG Acquire The King and Prince Beach & Golf Resort on St. Simons Island From MMI Hospitality Group

South Street Partners | August 13, 2024

ST. SIMONS ISLAND, Ga., Aug. 13, 2024 -- South Street Partners ("South Street"), a leading private equity real estate investment firm headquartered in Charlotte and Charleston, and TPG Real Estate, the dedicated real estate platform of global alternative asset management firm TPG, announced today that they have formed a joint venture (the "JV") to acquire The King and Prince Beach & Golf Resort ("The King and Prince" or "the resort"), the largest beachfront resort in coastal Georgia's Golden Isles. South Street and TPG Real Estate are acquiring the resort and golf club from MMI Hospitality Group ("MMI"), a Mississippi-based, ...