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American Financial Group, Inc. (NYSE: AFG) announced March 31, 2025, that a wholly-owned subsidiary of AFG has reached agreements to sell the hotel and related assets and the marina comprising Charleston Harbor Resort & Marina, a resort property and marina located in Charleston, South Carolina.

In addition to customary representations, warranties and closing conditions, each agreement includes a 60-day due diligence period during which time the unidentified purchaser, in its sole discretion, can terminate the agreements.

If the agreements aren’t 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 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 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 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.

 

The Greenville-Spartanburg market saw a slowdown in absorption and a slight decline in occupancy as 1,310 new units delivered late in the year, according to a 24Q4 multifamily report from Colliers.

Colliers said this includes 672 in the Greer submarket, where explosive job growth driven by manufacturing and a redeveloping downtown continue to attract new residents.

The region’s population continues to grow at over 30,000 new residents per year, an increase driven by migration from outside the market, Colliers said.

With nearly 20,000 new units delivered in the past five years, apartment growth has slightly exceeded the Upstate market’s steady-state demand of 15 percent of total households, a positive indicator for absorption as the construction pipeline tapers through 2025, according to Colliers.

The state’s largest full-service commercial real estate firm said asking rents grew to $1,333 per unit behind the recent wave of new construction and larger overall apartment sizes in suburban developments.

Colliers said total inventory increased to 78,797 and occupancy decreased slightly to 88.88 percent.

 

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, announced the opening of a new facility in Houston, Texas, to support operations for its Action Stainless business.

The 105,000-square-foot facility at 10111 Houston Oaks Drive will house the assets previously located at 7010 Zoltowski St.

The new facility will increase the Action Stainless Houston operation’s footprint by 73,000 square feet.

Officials said the added warehouse space will allow the business to continue expanding its fabrication capabilities.

“The relocation of our Houston operation represents the next step in our strategic growth plan for Action Stainless and our entire specialty metals business segment,” said Andy Markowitz, president – Specialty Metals.

Action Stainless is a full-line distributor of stainless steel, aluminum and specialty alloy products, including plate, sheet, angles, rounds, flat bar, tubing and pipe in a range of sizes.

The business offers a variety of fabrication capabilities, including robotic welding, cutting, forming, shaping, centerless grinding, machining and an array of finishing services.

The Action Stainless business includes facilities in Dallas, Texas; Kansas City, Missouri; and Rock Hill, South Carolina, in addition to the Houston location.

 

The Greenville Drive officially kicks off its 20th anniversary season April 4, 5 and 6 with a three-game homestand against the Bowling Green Hot Rods.

For 20 years, the Drive and its ballpark, Fluor Field, have served as the community’s “Front Porch,” fostering, officials said, an atmosphere where family fun, customer service, and community works merge with baseball to create lasting memories and a stronger Upstate.

Opening Weekend at Fluor Field presented by TD Bank features:

OPENING NIGHT: FRIDAY, APRIL 4 @ 6:45 p.m.

Gates open at 5:45 p.m. for the opening night game April 4. The first 1,000 fans to enter receive a free commemorative 20th anniversary patch.

Also, in a throwback to the Drive’s first game 20 years ago, Mayor Knox White will throw the honorary first pitch to officially start the game.

SATURDAY, APRIL 5 @ 6:45 p.m.

The Drive will once again provide Saturdays on the District presented by Publix, a free family-friendly event starting at 5 p.m. before every Saturday home game.

Held on the pedestrian-friendly District 356 (Field Street), there is no admission and activities include:

Inflatable games

Live music with DJ Sha

Face painting

Balloon artists

Food and beverage stations

Shopping from the Drive team store, and more.

The first 1,000 fans through the gates starting at 5:45 p.m. will get a Fluor Field stadium replica to take home, plus TD Bank will be onsite with giveaways and a 360-degree photo booth.

SUNDAY, APRIL 6 @ 3:05 p.m.

Sunday, April 6 is Greenville Little League Day at the Drive, where Little League players, families, and fans come together for a day of baseball and community fun.

GLL teams will walk the warning track in a pregame parade and be able to participate in a postgame clinic put on by Drive players.

Gates open to the public at 2 p.m. and the first 1,000 fans will get a 2025 Greenville Drive team poster that they can take onto the field after the game to get autographs from this season’s players and coaches.

TICKETING

Single-game tickets purchased prior to game day are $9 for Pesky’s Porch; $11 for Reserved, $12 for Dugout View, $14 for Home Plate View, $20 for Green Monster, and $15 for the Sam Adams Deck.

Tickets purchased on game day are $8 for Lawn and Deck; $11 for Pesky’s Porch; $13 for Reserved, $14 for Dugout View, $16 for Home Plate View, $25 for Green Monster, and $15 for the Sam Adams Deck.

Children ages 2 and under receive complimentary admission.

A Family Game Night Package includes 4 tickets for a Friday night fireworks game; 4 tickets for a Saturday night game; 4 tickets for a Sunday afternoon game (kids run the bases post-game).

Each game includes 4 hot dogs, 4 drinks, 4 bags of chips, and a bucket of popcorn. At $145, the Family Game Night Package represents a 46 percent savings.

To purchase, visit GreenvilleDrive.com or call the Box Office at (864) 240-4528.

FLASHBACK FRIDAYS

Every Friday home game this season will be a Flashback Friday, celebrating moments from the past 20 years, including the return of some former Drive players.

FRIDAY NIGHT FIREWORKS

The fan favorite Friday Night Fireworks powered by GE Vernova will continue in time-honored tradition after the opening night game and every Friday night game this season.

NEW START TIME! 

Don’t be late! Tuesday – Saturday games this season begin at 6:45 p.m. and Sunday games will begin at the usual 3:05 p.m.

 

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