Latest news with #SouthernPines
Yahoo
3 days ago
- Business
- Yahoo
AJ Capital acquires 2 North Carolina golf hotels
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. AJ Capital Partners acquired the Mid Pines Inn and Pine Needles Lodge in Southern Pines, North Carolina, according to an announcement Thursday. The Nashville, Tennessee-based real estate and hospitality firm plans to renovate and convert the properties under its golf-focused Marine & Lawn Hotels & Resorts brand. The 1920s-era sister properties sit beside championship golf courses Mid Pines and Pine Needles. AJ Capital plans to restore and renovate both hotels, as well as add new dining concepts. The acquisitions are part of a broader expansion of the U.K.-based Marine & Lawn brand, which is also growing its footprint in Scotland. Mid Pines Inn and Pine Needles Lodge are Marine & Lawn's first properties in the U.S. Marine & Lawn 'takes a refined approach to hospitality, design, world-renowned dining, and prime access to some of the world's most prestigious golf courses,' according to AJ Capital. With the recent additions — which include the acquisition of the historic Greywalls Hotel in Scotland — Marine & Lawn will boast eight properties across the U.K. and the U.S. AJ Capital CEO and founder Ben Weprin said the acquisitions represent 'a pivotal milestone for Marine & Lawn.' 'Since launching the brand in 2019, our ambition has always been to honor golf's most legendary locales with world-class hospitality,' Weprin said in a statement, noting that the addition of these properties allows the firm 'to bring that vision to life on both sides of the Atlantic.' AJ Capital Partners developed and launched the Graduate Hotels brand, which Hilton acquired last year. AJ Capital continues to own real estate assets belonging to its Graduate Hotels brand, which Hilton is now expanding. Hilton named former Graduate Hotels President Kevin Osterhaus its president of global lifestyle brands last year. Elsewhere in the U.S., Dream Golf is developing a 2,400-acre golf-focused resort in East Texas. Sports-related travel is on the rise, hospitality pros told Hotel Dive earlier this year.
Cedar News
07-07-2025
- Climate
- Cedar News
VIDEO.. NC State of Emergency: Dam Threat in Taylortown as Floodwaters Surge (UPDATE)
TAYLORTOWN, NC (July 6, 2025) — A state of emergency has been declared across several central North Carolina counties as floodwaters surge from Tropical Depression Chantal, threatening dam failures and widespread inundation. ⚠️ Imminent Danger in Taylortown Authorities have issued an urgent alert for Taylortown, where rising water pressure is pushing a local dam to the brink of failure. Residents near Joe's Fork are urged to evacuate immediately. 🌊 Haw River Crisis The Haw River is approaching 31 feet near Bynum and Chapel Hill — near or beyond 1996 record levels — threatening the I‑40 corridor and nearby communities with catastrophic flooding. 🚨 Active Flash Flood Warnings Warnings remain in place for Orange, Moore, Alamance, and surrounding counties through at least 2 AM ET. 🏘️ Areas Impacted Include: Chapel Hill & UNC Durham Carrboro Pinehurst Southern Pines Aberdeen Burlington Roxboro Hurdle Mills Yanceyville Milton Providence 🌀 Chantal's Aftermath Chantal has dumped between 4–14 inches of rain across central NC. At least 4 tornadoes have touched down, including one at the Raleigh Executive Jetport. Over 37,000 homes are without power. 🛑 What Residents Should Do: Do not drive through floodwaters or around barricades Evacuate if ordered, especially near Haw River and Taylortown dam Move to higher ground if in low-lying areas Monitor alerts from the National Weather Service Be prepared for more severe weather overnight Emergency crews are conducting rescues and issuing evacuation orders in affected zones. Residents are urged to stay indoors, remain alert, and call 911 only for life-threatening emergencies. This is a rapidly evolving flood emergency. Follow local officials and weather alerts for the latest updates.
