News

News2019-10-17T19:29:43+00:00

2018 New Build Of The Year – The Foundry Hotel Asheville

By |October 18th, 2019|Categories: News|

The Foundry Hotel Asheville won 2018 new Build of the Year for Curio Collection by Hilton.  David Tart was in Orlando in September to accept the award at the National Hilton Owner's Convention.  The project is an adaptive reuse historic tax credit deal.  Congratulations to David and his team for for such a prestigious award.

Nexton, big as a small city, is rapidly developing as Charleston’s next job, home center

By |October 18th, 2019|Categories: News|

SUMMERVILLE — When Brent Gibadlo first started working out of the Summerville area about 10 years ago, his dine-out options near what is now the emerging Nexton development were limited. “I remember when Subway was the only place,” said Gibadlo, vice president and general manager of Nexton. Today, he has a much wider selection to choose from, and it’s mainly because of what’s happening at the 5,000-acre development as big as the Charleston peninsula and other forces around it. Those outside influences include Volvo’s decision to set up a car manufacturing operation west of Nexton and other big-tract housing developments nearby, such

Four 17 Partners, LLC Brokers Sale of Food City Shopping Center

By |October 17th, 2019|Categories: News|

Four 17 Partners, LLC (Four 17) acted as seller's agent in the disposition of the Shops at Sweetwater Creek, located outside of Knoxville, TN, in Loudon, TN.  After extensive efforts to re-position the shopping center on the Landlord's behalf, the property was place on the market and a local buyer was found.  We are active in brokerage throughout the Southeast helping both buyer and sellers in their acquisition and disposition efforts.

87-room Foundry Hotel opens in downtown Asheville’s The Block neighborhood

By |October 17th, 2019|Categories: News|

ASHEVILLE — The lights have come on at Asheville's newest downtown hotel. And after years of rehabbing a set of aging buildings once headed for demolition, few are more satisfied than developer David Tart. "With this project, I felt like every day we had a significant challenge with buildings that were here 100 years ago," Tart said, recalling a fix that came after one of the existing buildings near South Market Street which had no prior foundation. "It was hard to ever relax and keep a very close eye on making sure the right decisions were made to preserve the buildings, but

Choice Hotels to Develop Two New Cambria Hotels in Growing South Carolina Markets

By |October 17th, 2019|Categories: News|

PRESS RELEASES Choice Hotels to Develop Two New Cambria Hotels in Growing South Carolina Markets ROCKVILLE, Md., June 20, 2018 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) has signed two agreements with Four Raines, LLC to develop Cambria hotels in Greenville and Summerville, S.C., both rapidly growing business regions. The Cambria Hotel Greenville and the Cambria Hotel Summerville are both slated to open in October 2019. The Cambria Hotel Greenville will have 125 rooms and is located in an upscale mixed-use retail area with access to Whole Foods, Total Wine, and Ann Taylor LOFT. The property is within walking distance to the headquarters of TD Bank and BMW North

New hotel open at Mount Pleasant shopping center

By |October 17th, 2019|Categories: News|

A new East Cooper hotel celebrated its grand opening last week, and developers hope the property’s high-traffic location will give it an advantage. Rising six stories high in the middle of Mount Pleasant Towne Centre, the new 92-room Hyatt Place was intended to be an “anchor” for the outdoor retail center, said developer David Tart. The hotel marked its opening Thursday but has been open to guests since June. It was developed near the Regal Palmetto Grande movie theater by Charleston-based Four 17 Partners and is managed by Raines Hospitality out of Florence. It was a challenging site to build on, Tart said, but the location gives the property the closest access