August 21, 2025 – Seyfarth Shaw LLP represented Breakwater, a hospitality investment company, in a joint venture acquisition for the renovation and restoration of a historical, architecturally designed hotel in downtown Augusta, Georgia.
Seyfarth partners Lili Martin-Mashburn and Catherine Morgen represented Breakwater in the transaction.
Breakwater, through its affiliate, partnered with BR Investments to acquire the Ramada Hotel in downtown Augusta, with plans to comprehensively renovate and rebrand into a premium, soft branded hotel.
The property, originally opened in 1974 as the Executive House Hotel and later rebranded under Ramada in 1999, is one of only two hotels in the United States designed by renowned architect I.M. Pei —best known for the Louvre Pyramid in Paris.
Breakwater will oversee the full transformation of the 175-room hotel and restore it to its former glory.
Breakwater is a hospitality investment company that was founded in 2019 and based in Charleston, SC.
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