Myrtle Beach's Springmaid Beach Resort Sold

The resort will become a DoubleTree

Springmaid - 370

Springmaid Beach Resort in Myrtle Beach, SC, has been sold and will be fully renovated and repositioned as a DoubleTree Resort by Hilton. The oceanfront resort was bought by an affiliate of Los Angeles-based Integrated Capital, along with its joint venture partner, KBS Strategic Opportunity REIT II, a public, non-traded real estate investment trust based in Newport Beach, CA.

Situated on a quarter-mile stretch of shoreline on the south end of Myrtle Beach's Ocean Boulevard, the resort is anchored by the popular Springmaid Pier and features nearly 500 guest rooms, six pools, a fitness center, two restaurants, and a 35,000-square-foot conference center, which is the largest ocean-view space in Myrtle Beach, accommodating events for groups of up to 600.