a:10:{i:0;a:7:{s:2:"id";s:2:"10";s:4:"slug";s:23:"contact-the-island-news";s:4:"name";s:23:"Contact The Island News";s:4:"type";s:8:"fieldset";s:7:"options";s:0:"";s:9:"parent_id";s:1:"0";s:5:"value";s:0:"";}i:1;a:7:{s:2:"id";s:2:"14";s:4:"slug";s:4:"name";s:4:"name";s:4:"Name";s:4:"type";s:4:"text";s:7:"options";s:0:"";s:9:"parent_id";s:1:"0";s:5:"value";s:11:"Rock Vitale";}i:2;a:7:{s:2:"id";s:2:"15";s:4:"slug";s:13:"business-name";s:4:"name";s:13:"Business Name";s:4:"type";s:4:"text";s:7:"options";s:0:"";s:9:"parent_id";s:1:"0";s:5:"value";s:21:"Vivo Investment Group";}i:3;a:7:{s:2:"id";s:2:"16";s:4:"slug";s:7:"address";s:4:"name";s:7:"Address";s:4:"type";s:7:"address";s:7:"options";s:0:"";s:9:"parent_id";s:1:"0";s:5:"value";s:24:"United States of America";}i:4;a:7:{s:2:"id";s:2:"17";s:4:"slug";s:5:"phone";s:4:"name";s:5:"Phone";s:4:"type";s:5:"phone";s:7:"options";s:0:"";s:9:"parent_id";s:1:"0";s:5:"value";s:14:"(619) 738-0366";}i:5;a:7:{s:2:"id";s:2:"18";s:4:"slug";s:5:"email";s:4:"name";s:5:"Email";s:4:"type";s:5:"email";s:7:"options";s:0:"";s:9:"parent_id";s:1:"0";s:5:"value";s:28:"rock@vivoinvestmentgroup.com";}i:6;a:7:{s:2:"id";s:2:"19";s:4:"slug";s:15:"how-can-we-help";s:4:"name";s:16:"How can we help?";s:4:"type";s:8:"textarea";s:7:"options";s:0:"";s:9:"parent_id";s:1:"0";s:5:"value";s:3098:"I have a news tip for you about Vivo&#039;s latest acquisition in Port Royal, SC of a hotel to be converted into a multifamily residential complex. This marks Vivo&#039;s eighteenth hotel to apartment conversion in the U.S and third property in South Carolina.

PRESS RELEASE
3 May, 2022

Developer to convert third South Carolina hotel into apartments for residents of Port Royal to alleviate housing shortage

Vivo Living acquires Port Royal assets for hospitality to multifamily conversion

El Segundo, California — 3 May, 2022 — Vivo Living (“Vivo”) expands its hotel recycling model to Port Royal, SC putting Vivo at eighteen total multifamily properties in the United States. This will be Vivo’s third property in the State of South Carolina with the other two located in North Charleston, SC and Greenville, SC. Through Vivo’s unique business model, units are able to rent at approximately a 10% to 20% discount to the current market without compromising on amenities; all without adding emissions from resource-intensive, ground up construction.

At market-rate, flexible pricing, Vivo apartments are offered in the low-to-mid price range while also delivering class-A, hotel-like amenities to residents (living room lobby with free Wi-Fi, lounge areas, pool, fitness centers, etc) and community oriented programs and events.

Vivo’s mission is to solve America&#039;s housing affordability crisis through sustainability-focused property acquisition and adaptive reuse of existing buildings into residential units. Vivo nationally seeks to enter urban markets undergoing a renaissance, like Port Royal, by providing the community with more housing options along with creating a healthier, safer, and more livable environment for all.

This new Vivo property is located at:

Vivo Port Royal: 1660 Ribaut Rd, Port Royal, SC 29935

“Vivo aims to reduce traffic, waste and sprawl by carefully selecting each location to be in physical proximity to shopping, markets, entertainment and other necessities. We are reusing buildings versus building ground-up. Adaptive reuse is the most environmentally friendly way of developing, we are basically a building recycling company”, notes Dan Norville, founder and CEO of Vivo Living.

With locations now in twelve states including Arizona, California, Colorado, Florida, Indiana, Maryland, Nebraska, North Carolina, Ohio, South Carolina, Texas and Utah, Vivo continues to expand its footprint as the gold-standard nationally for adaptive reuse multifamily housing.

Headquartered in El Segundo, California, Vivo was founded in 2020 to offer flexible, modern efficiency apartments with all the best parts of hotel living included. The firm specializes in converting low-demand hotels and other buildings into affordably priced apartment complexes for renters. Vivo’s mission is to solve America&#039;s housing affordability crisis through adaptive reuse while reducing traffic, waste and sprawl. Vivo’s website is vivoinvestmentgroup.com.

Press contact
Easie PR
admin@soeasie.com
(619) 738-0366

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