Even at 100 years old, Fort Sumter House is a relative newcomer to Charleston, S.C., where many of the homes date to the 1700s. Nonetheless, this former luxury hotel—now a condominium—touts a rich history.
In the 1940s, visitors to the hotel included playwright Tennessee Williams and a young John F. Kennedy, who used it for a tryst with the Danish journalist Inga Arvad.

But the building is also iconic for its appearance, according to Erin Minnigan of the Preservation Society of Charleston. A rare example of Spanish colonial-revival architecture, Fort Sumter House is the only high-rise building in the South of Broad neighborhood, and will remain so because of height restrictions in the city’s historic districts, she says.
The Fort Sumter House homeowners association recently completed an extensive restoration of the exterior facade, including the stucco and ironwork, working with the preservation society to ensure the building’s historic look remained intact.
“It has become well loved by the citizens of Charleston,” Ms. Minnigan says.
Construction on the Fort Sumter Hotel began in 1923, with the first guests checking in the following year, according to a history maintained by the homeowners association. A centennial celebration is in the works, residents say.
The unusual design of the Fort Sumter Hotel riled some of the locals when construction on the building began, according to some accounts that Ms. Minnigan has read. “At the time preservationists really felt that it was inappropriate—the scale and its modern design. I can certainly see that being the case,” she says. “But that was 100 years ago, and buildings gain significance over time.”
Kennedy, at the time a young Navy officer, stayed at the hotel in 1942 with the charming and beautiful Arvad, says Scott Farris, a presidential scholar and author of “Inga: Kennedy’s Great Love, Hitler’s Perfect Beauty, and J. Edgar Hoover’s Prime Suspect.” The FBI under Hoover also suspected that Arvad was a Nazi spy, Mr. Farris says, and the agency bugged their hotel room.
The Fort Sumter Hotel “was a beautiful place and perfect for a weekend tryst,” says Mr. Farris, who studied former Hoover’s voluminous trove of papers after they were declassified. Arvad’s FBI file is well over 1,000 pages, Mr. Farris says, and eventually the agency decided that she probably wasn’t a spy. “They realized that there was no there there,” he says.
For residents interested in the topic, “JFK and Inga Binga,” a farcical retelling of the Kennedy affair, takes the stage in February at Charleston’s Dock Street Theatre.

In 1947, playwright Tennessee Williams and his literary agent met with theater producer Irene Selznick at the Fort Sumter Hotel to discuss Williams’ latest play, “A Streetcar Named Desire,” according to theater critic and author John Lahr, author of “Tennessee Williams: Mad Pilgrimage of the Flesh.”
Sheraton Hotels purchased the building in 1967 for $435,000 and spent another $500,000 on renovations, according to the homeowners association. In 1973, real-estate investors purchased the hotel and started a $2 million project to convert its 225 rooms into 67 condo units, according to the HOA. Since then, a number of the units have been combined.
Today, what makes this building noteworthy, homeowners say, are its sweeping water views and proximity to the boutique shops and restaurants on the southern end of the city’s peninsula. White Point Garden, a public park, is just steps away from the main entrance of Fort Sumter House.
“We’re in the prime location,” says Katherine Wilkinson, who in 2020 paid $425,000 for a one-bedroom, one-bath condo in Fort Sumter House with her husband, Mark Wilkinson.
“The battery is just outside, and the historic, iconic mansions are breathtaking,” says Ms. Wilkinson, 61, who works in an interior-design showroom. “We pinch ourselves every day. It’s just magic.”
Since 2020, at least 12 units have sold at Fort Sumter House, according to public records. Sale prices range from $387,000 for a roughly 585-square-foot unit to $1.225 million for a two-bedroom, two-bath unit measuring about 1,500 square feet.
In 2021, Josh Nass paid $770,000 for a roughly 1,200-square-foot unit at Fort Sumter House that dwarfed his studio apartment in Manhattan. During the pandemic, “I realized that I didn’t have to be in New York City to work—I could be anywhere,” says Mr. Nass, a 31-year-old crisis-communications specialist.

A friend from Charleston encouraged Mr. Nass to consider the Holy City. After renting briefly, Mr. Nass contacted Douglas Berlinsky at the firm Disher, Hamrick & Myers Real Estate, describing himself as a fervent foodie who loved European architecture and cobblestone streets. Mr. Berlinsky showed him Fort Sumter House because of its historic feel. “Its presence from the street is of an elegant residence,” Mr. Berlinsky says. “It also has amenities that many complexes in the city do not—a pool, a fitness room and [designated] parking.”
Currently, only one apartment at Fort Sumter House is listed for sale: a two-bedroom, two-bath unit on the fourth floor asking $1.19 million. Lee Williams of Oyster Point Realty Group has the listing. At nearly 1,200 square feet, the apartment is one of the more spacious units in the building.
Overall, the inventory of condos in downtown Charleston remains tight, according to an analysis by real-estate website Zillow. In November, 45 condos were on the market, a decrease of 41.6% from the same month in 2021. The median list price for downtown condos on Nov. 30 was $975,000, up 34.5% from a year earlier, Zillow found.
Under Construction in Charleston
Several condo projects are in the works in Charleston. A former Masonic Lodge on Wentworth Street is undergoing a condo conversion, and all 11 units have been presold, according to the developer, East West Partners.
New developments currently under construction include City House Charleston, located in the French Quarter. Carriage Properties is handling presales of 21 condos there, including a three-bedroom, three-bath unit asking $4.2 million. Handsome Properties is marketing four luxury townhomes being built at 122 Beaufain Street in the Harleston Village neighborhood. Currently on the market are two three-bedroom, three-bath units measuring roughly 3,000 square feet and asking $2.55 million each.
New buildings must complement the character of the neighborhood, says Ms. Minnigan of the Preservation Society of Charleston. “The design must blend in with its surroundings,” she says. “At the same time, we don’t want to give a false sense of it being a historic building.”
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Strong rental fundamentals and tight supply have driven more than $155 million in Sydney apartment block and residential investment sales over the past year.
Sydney’s residential investment market has recorded $155 million in apartment block and townhouse sales over 2025, underscoring continued investor confidence in rental-led assets despite broader economic uncertainty.
The transactions were completed by Knight Frank’s Investment Sales agents James Masselos and Adam Droubi, who negotiated 19 sales across Sydney during the year.
Residential investments accounted for 75 per cent of their total sales activity, supported by more than 4,200 active purchaser enquiries.
Co-living deal sets national benchmark
Among the standout transactions was the off-market sale of 142 Carillon Avenue in Newtown, a 37-studio co-living apartment block located close to the University of Sydney and Royal Prince Alfred Hospital.
The property sold for $21.5 million, setting a new benchmark for the living sectors market nationally.
The deal achieved approximately $581,000 per bedroom, believed to be one of the highest per-bedroom results recorded for a co-living asset in Australia.
Inner-city assets trade in one line
Other notable sales included a group of 12 townhouses at 108 Illawarra Road in Marrickville, sold in one line for $14 million, and a block of 20 studio apartments at 171 Rowntree Street in Birchgrove, which changed hands for $6.7 million.
Both transactions reflected strong buyer competition for well-located residential assets with established income streams.
Supply constraints underpin momentum
Mr Masselos said Sydney’s apartment block market continued to benefit from tight supply and strong rental conditions.
“Apartment blocks and broader residential investments remain a robust asset class, underpinned by strong rental growth, record low vacancy levels and scarcity of stock,” he said.
He added that more than $25 million worth of residential investment opportunities are expected to come to market in 2026, with buyer enquiry remaining elevated.
Mr Droubi said competitive sales campaigns had become a feature of the market as investors sought secure income and long-term value.
“Supply constraints and ongoing population growth underpin market strength,” he said. “New approvals and completions lag demand, keeping stock tight and boosting both rents and prices.”
Vacancy rates keep pressure on rents
According to Knight Frank, rental demand across Sydney remains intense, with vacancy rates well below typical “healthy” levels.
Many middle and outer-ring suburbs are recording vacancies of around 1.5 per cent or lower, maintaining upward pressure on rents and reinforcing the appeal of residential investment assets.
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