American Financial Group, Inc. Announces Termination of Agreements to Sell Charleston Harbor Resort & Marina

(123rf.com Image)

American Financial Group, Inc. (NYSE: AFG) previously announced that a wholly owned subsidiary of AFG had reached agreements to sell the hotel and related assets and the marina comprising Charleston Harbor Resort & Marina, a resort property and marina in Mount Pleasant, South Carolina.

On June 6, 2025, the agreements were terminated, and officials said AFG will continue to evaluate strategic alternatives for the property.

Charleston Harbor includes two full-service hotels, a 459-slip marina, a full-service restaurant, retail store and other resort amenities.

AFG first purchased what became known as Charleston Harbor Resort & Marina in 2002 and has made significant improvements since that time, including construction of The Beach Club, a luxury waterfront resort.

American Financial Group is an insurance holding company, based in Cincinnati, Ohio.

Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses.

Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.