Posts

Showing posts from May 31, 2011

Island Packet Article on Daufuskie Island Resort

New resort owner vows to revitalize Daufuskie By JOSH McCANN jmccann@islandpacket.com 843-706-8145 Published Sunday, May 29, 2011 8 Comments Utah company buys Daufuskie resort property, May 17, 2011 When J.T. Bramlette looks at the Daufuskie Island Resort & Breathe Spa, he sees a tired ghost town that has languished in bankruptcy for more than two years. Bramlette, the 32-year-old managing partner of the Utah company that recently bought the resort's core, also sees "a hell of an opportunity" to remake the place into a name-brand destination. Bramlette said the Pelorus Group of Salt Lake City is poised to succeed where the resort's previous developers failed. "We're going to revitalize this entire project," Bramlette said. Pelorus bought assets that include the resort's inn and the Melrose golf course from Denver private- investment group AFG this month. AFG is a lender that received the assets this year after a trustee was unable to