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American Financial Group Sells Charleston Harbor Resort

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American Financial Group Sells Charleston Harbor Resort

The latest announcement is out from American Financial Group ( (AFG) ).

On March 31, 2025, American Financial Group announced that its subsidiary reached agreements to sell the Charleston Harbor Resort & Marina in Charleston, South Carolina. The transaction, expected to close in the second or third quarter of 2025, could result in a net after-tax gain of approximately $100 million for AFG, impacting its financial performance positively.

More about American Financial Group

American Financial Group is an insurance holding company based in Cincinnati, Ohio, primarily engaged in property and casualty insurance through the operations of Great American Insurance Group. The company focuses on specialized commercial products for businesses and has a history dating back to 1872.

YTD Price Performance: -1.38%

Average Trading Volume: 552,032

Technical Sentiment Signal: Strong Sell

Current Market Cap: $11.03B

Learn more about AFG stock on TipRanks’ Stock Analysis page.

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