The Hive Resort in Wilmington, N.C. Bought

Right this moment, Wilmington-based actual property holding firm Saltwater Holdings introduced its acquisition of native boutique lodge The Hive, situated at 505 N. 2nd Road.

An area actual property household, the Rosenbergs, and developer, Kaylie O’Connor, initially opened the lodge in 2019. They purchased the unique constructing in 2009 and teamed up with native inside decorator Robin Hertzog to create rooms with distinctive furnishings and paintings — mixing fashionable types and brilliant colours in a home-like environment.

“We’re thrilled to announce the acquisition of The Hive and deeply honored to uphold the Rosenbergs’ imaginative and prescient and carefully-crafted distinctive allure,” stated Richard Stroupe, proprietor of Saltwater Holdings.

The Hive’s iconic 15 apartment-style suites supply modern inside design, full-size kitchens, spa-like loos, laptop-friendly workspaces, and complimentary in-suite snacks, espresso, tea, and different drinks. The lodge is 2 blocks away from downtown Wilmington’s riverfront and historic haunts, beloved breweries, and many different occurring scorching spots.

Native property administration companies firm BlueStar Actual Property will handle The Hive.

“BlueStar has in depth expertise with boutique lodge and business property administration,” stated Kristin Kelly Freeman, proprietor of BlueStar Actual Property. “We’re devoted to creating positive The Hive affords environment friendly and glorious hospitality to its friends.”

Saltwater Holdings owns two different resorts in Surf Metropolis — luxurious lodge Saltwater Suites and the brand-new Saltwater Resort, opening April 2024.

In 2022, customer spending within the Wilmington space surpassed $1 billion — and simply final yr, the Milken Institute ranked town in its high 10 “Finest Performing Cities.”

“We’re excited to proceed providing distinctive, unparalleled visitor experiences on this thriving space,” stated Stroupe.