American Financial Group, Inc. Announces Agreements to Sell Charleston Harbor Resort & Marina
American Financial Group, Inc. (AFG)
Last american financial group, inc. earnings: 2/3 05:01 pm
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Source: Business Wire
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) announced today that a wholly-owned subsidiary of AFG has reached agreements (“Agreements”) to sell the hotel and related assets and the marina comprising Charleston Harbor Resort & Marina (“Charleston Harbor”), a premier resort property and marina located in Charleston, South Carolina. In addition to customary representations, warranties and closing conditions, each Agreement includes a sixty-day due diligence period during which time either purchaser, in its sole discretion, can terminate the Agreements. If the Agreements are not terminated during the due diligence period, upon the satisfaction of the other conditions to closing, the transaction is expected to close in the second or third quarter of 2025. AFG currently expects to recognize a net, after-tax gain of approximately $100 million ($1.20 per share) on the sale.Charleston Harbor includes two full-service hotels, a 459-slip marina, a full-service res
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AFG
Earnings
- 11/4/25 - Beat
AFG
Sec Filings
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- 12/11/25 - Form 4
- AFG's page on the SEC website