South Street Partners and TPG Real Estate have formed a joint venture to acquire The King and Prince Beach & Golf Resort in the Golden Isles.

The duo is acquiring the resort and golf club from MMI Hospitality Group, which initially invested in the property nearly 45 years ago. MMI Hotel Group’s management division will continue to operate The King and Prince. The JV will focus on elevating the resort and club offerings, with plans for a comprehensive renovation of rooms and common spaces.

Located on St. Simons Island, the 142-key resort campus spans nearly six acres with direct beach access and amenities that include bars and restaurants, resort-style swimming pools, and sports courts. Guests can enjoy an 18-hole golf course at The King and Prince Golf Club, located just a few miles north of the hotel. The resort offers 10,000 square feet of meeting space, along with a tented lawn for events and celebrations. The property includes developable land and beachfront condos for purchase.