Left Lane Acquires 126-Key Mansion on Forsyth Park, Savannah, GA for US$52.5m
Main Photo: The Mansion on Forsyth Park, Kessler Collection, in Savannah, Georgia, was a residence and a funeral home before becoming a hotel in 2005
Date: August 2022
Name: The Mansion on Forsyth Park, Kessler Collection …was under Marriott’s Autograph Collection banner until January 2021
Location: Savannah, Georgia, USA
Number of Keys: 126…to become 149 under new owner
Seller: Richard Kessler, Kessler Collection…owner and operators of 12 luxury hotels in several states across the US
Buyer: Left Lane, a multi-sector real estate company with some classy hotels such as The Perry Lane Savannah and the Hutton Hotel Nashville,
Left Lane, New York City, has acquired The Mansion on Forsyth Park in Savannah, Georgia, for US$52.5 million from hotelier Richard Kessler of the Orlando, Florida-based Kessler Collection. Left Lane will undertake a multi-million-dollar renovation and expansion of the 126-key hotel. Once completed, the property will comprise 149 rooms, the main restaurant, club bar and lounge, pool restaurant and bar, spa, lobby bar, retail spaces, and multiple event spaces.
The hotel has a century of history….
The Mansion on Forsyth opened in 2005 as an independent luxury hotel and was redesigned to match the original mansion, which was built in 1888, Kathryn Day GM said.
The mansion was originally a residence and then a funeral home before becoming a luxury boutique hotel. The mansion-turned-hotel currently features 126 guestrooms and suites, restaurants, a mixology lounge and a historic ladies’ hat collection.
It was once common for women in Savannah to wear hats on Sundays, which inspired the hotel’s curated collection of more than 100 hats. Day said a portion of the lobby also features artwork and other original works such as sculptures and jewelry from international artists.
The Mansion on Forsyth Park closed for three months at the beginning of the pandemic and reopened in June 2021.
Price: $52.5m
Price Per Key: $417k
THPT Comment: Left Lane have been very stylish in both their hotel and residential projects to date, so look forward to see what they will do with the historical Mansion on Forsyth Park. Mr Kessler, formerly President & CEO of Days Inns of America, has also created an equally stylish array of hotels, with art and music as their theme
First Seen: Hotels Magazine
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