Real estate holding company Saltwater Holdings has acquired The Hive hotel in Wilmington, NC.
A local real estate family, the Rosenbergs, and developer Kaylie O’Connor originally opened the hotel in 2019. They bought the original building in 2009 and teamed up with local interior decorator Robin Hertzog to create rooms with unique furniture and artwork, according to Saltwater Hospitality.
“We are deeply honored to uphold the Rosenbergs’ vision and carefully crafted distinctive charm,” said Richard Stroupe, owner, Saltwater Holdings.
The Hive’s 15 apartment-style suites offer full-size kitchens, spa-like bathrooms, workspaces, and complimentary in-suite snacks, coffee, tea and other beverages. The hotel is two blocks away from downtown Wilmington.
Property management services company BlueStar Real Estate will manage The Hive.
“BlueStar has extensive experience with boutique hotel and commercial property management,” said Kristin Kelly Freeman, owner, BlueStar Real Estate. “We’re dedicated to making sure The Hive offers efficient and excellent hospitality to its guests.”
Saltwater Holdings owns two other hotels in Wilmington—luxury hotel Saltwater Suites and the Saltwater Resort opening in April.