When an accident comes without warning, even the most prepared person can fall victim. One moment, you're walking to a restaurant after a long day of work. The next moment, someone else's negligence and carelessness change your life forever. Personal injury victims aren't just the victims of negligence they suffer from pain, concern over family and ability to work. Often, these victims do not have the luxury of worrying about work and family, because they're clinging to life in an ER. Without a personal injury attorney in Charleston, SC, by their side, they mistakenly provide official statements to insurance agencies and accept settlement offers that only account for a fraction of what they have lost.
If you have recently been hurt in an accident, you may be asking questions like:
With more than 100,000 car accidents in South Carolina every year, we hear these questions every day. Our hearts hurt for those who are suffering due to no fault of their own. Accident victims are not only left with questions like those above; they're also forced to deal with costs associated with medical bills, car repair, follow-up appointments, and loss of income.
While reading these facts can be bleak, there is a silver lining. South Carolina law dictates that those who are found responsible for your pain and suffering may be obligated to pay for your expenses. Cobb Hammett, LLC exists for that exact reason to make sure that negligent parties are held accountable. We fight on your behalf to make sure you get the compensation you deserve. We aren't afraid to go toe-to-toe with greedy insurance agencies who do not have your best interests at heart.
Our overarching goal is to protect your rights, and our law firm is uniquely positioned to do so, with attorney vast experience in the auto insurance industry.
We offer comprehensive vehicle representation for a number of different automobile accidents, including:
If you know you have been involved in one of the car accidents above, the time to seek experienced representation is now. Generally, car accident victims have three years from the date of their injuries to file a personal injury claim in Charleston. That time frame can be reduced in certain circumstances. When a wrongful death is involved, surviving family members must take action in a similar time frame.
The bottom line is that speed is of the essence in these cases. When we sit down with you to learn more about your accident, we will help you understand South Carolina law so that you are fully informed before taking legal action. The sooner we can dig into the details of your case, the sooner we can fight for your rights.
The law states that personal injury victims are entitled to compensation for the full extent of their injuries. Why? Because the primary goal of injury compensation in Charleston, SC, is to help the victim return to the state they would have been in, if the accident never occurred. In the literal sense, doing so isn't possible. The law cannot reverse the incredible suffering and pain that accompanies a severe injury. As such, personal injury victims are entitled to receive a financial reward that equals those damages.
How much compensation you get depends on the facts and nuances of your case. With that said, you may be able to recover compensation for the following needs:
If you or someone you love was recently injured in a car wreck, contact our office today to speak with a personal injury lawyer in Charleston, SC. The sooner you call, the sooner we can begin fighting for your rights and the compensation you need.
If there were one common truth that we can count on, it's that life is unpredictable. Sometimes, accidents just happen. However, when recklessness and negligence come into play in situations where accidents cause personal injuries, the negligent party can be held responsible under South Carolina law. For victims to have a chance at compensation, the party responsible for the accident must be proven to be negligent. When a party or parties are negligent, they fail to take appropriate care when performing an action, like driving an automobile.
After an accident occurs, it is critical to take certain steps to help prove the responsible party's negligence and maximize the compensation you rightly deserve.
All too often, car wreck victims don't get the compensation they need because they failed to take the proper steps after their accident. Don't let this be you. By having comprehensive records of your car accident and its aftermath, you have a much better chance of protecting your rights and maximizing compensation for your bills and injuries. If you have been injured in an automobile accident in Charleston, follow these steps before doing anything else:
First and foremost, seek medical attention for any injuries that you have sustained. You might not realize it now, but your injuries may be more complex and serious than you think. Damage like head trauma and back injuries are not easy to diagnose on your own and sometimes take time to surface. A full medical examination will help reveal the extent of your injuries, lead to a quicker recovery, and help document the injuries you sustained. This last part is essential to prove the significance of your injuries.
The second step you should take is to report your injuries to the correct authorities. The authorities change depending on the circumstances of your accident. If you were involved in a car wreck in Charleston, you should file your report with the highway authorities and any associated insurance agencies. Regardless of where you were injured and how the wreck occurred, the biggest takeaway here is to file a report. That way, you have an established, official record of the incident that can be referred to down the line.
Personal injury cases in Charleston are won with evidence. It might sound like the job of the police, but it's important that you try to secure any evidence that you can collect relating to your accident, especially if you are injured. Evidence in auto accident cases tends to disappear quickly. By preserving evidence soon after the accident, it can be used in court. For example, if you cannot get a witness statement immediately after your wreck, their testimony may come across as less reliable. Completing this task on your own can be quite difficult, especially after a serious accident. That's why it's so crucial to complete the last step below.
One of the most intelligent, important steps you can take after a car accident is calling a personal injury attorney in Charleston, SC. At Cobb Hammett, LLC, we will assist you with every step of your personal injury case to ensure that your rights are protected. That includes gathering all types of evidence relevant to your case. When we investigate your accident, we will determine the person who is liable for your losses. If there are multiple liable parties, we will hold each one accountable for their negligence.
Every personal injury case is different, which is why experience counts when it comes to car accident compensation. Our track record speaks for itself, but no number of past results will guarantee a perfect outcome. What we can guarantee, however, is our undivided attention and fierce dedication to your case, no matter the circumstances. Unlike other personal injury law firms in Charleston, you can have peace of mind knowing your best interests always come first at Cobb Hammett, LLC.
At Cobb Hammett, LLC, we have years of experience handling some of Charleston's most complicated car accident cases. Some of the most common cases that come across our desks include:
Drunk driving is a major problem in the Lowcountry. Drunk drivers are incredibly irresponsible and regularly cause fatal accidents because they drive physically and mentally impaired by alcohol. Drunk drivers have slower reaction times, delayed reflexes, and impaired vision, making them unfit to operate a motor vehicle. In auto wrecks, drunk drivers often come away with minor injuries compared to their victims, which is a bitter pill to swallow
Individuals who make a choice to drive drunk cause accidents by weaving in and out of traffic, going over the speed limit, failing to see pedestrians, and ignoring traffic laws. They may run cars off the road, rear-end vehicles, hit them head-on, or even cause a vehicle to roll over.
Drunk driving accidents in Charleston care result in horrible injuries, such as:
If you are injured or have lost a family member due to an impaired or drunk driver, our team of personal injury lawyers in Charleston can help. We have extensive experience with car accident cases and can explain your rights in simple, plain terms. It is important to know that you can file a personal injury suit regardless of the criminal case outcome against the drunk driver.
When accidents happen in RVs or rental cars, people are often unsure of their rights. This confusion is understandable since there are additional insurance and legal issues that must be accounted for in these cases.
Fortunately, the lawyers at Cobb Hammett, LLC, have the experience to help you with complex car accident and RV cases. Attorney worked in the auto insurance industry before becoming an attorney. He also has an undergraduate degree that includes a focus on risk management and insurance. When it comes to rental and RV accidents, we review each client's case with a fine-tooth comb. Once we understand your accident, our team will explain your rights and options in easy-to-understand terms.
If you were involved in an accident while driving an RV or a rental vehicle, you may find that your auto insurance company, the rental car's insurance company, and the other party's insurance carrier will try to deny your claim. Situations like these call for a bold, experienced personal injury attorney in Charleston, SC, who isn't afraid of large corporations and insurance groups. We have extensive experience with insurance companies and know how to interpret policies. As your advocate, we will ensure that you receive the coverage and compensation you are entitled to, even if an insurance company says you aren't.
We can help you seek compensation in cases that involve:
Victims of RV and rental car accidents (as well as their families) may be entitled to compensation for pain and suffering, medical expenses, and lost income or benefits. Our personal injury lawyers work with life-care planners, medical experts, and economists to determine the amount of compensation you will need.
We live in a time where just about everyone has their eyes glued to their phones. Often, this happens in situations where the person needs to be paying attention, like when they're driving an automobile. Taking a few moments to glance down at your phone can cause irreparable damage to other drivers. That is why texting while driving is illegal in Charleston. Typically, this crime is met with a minor traffic violation. However, when a distracted driver injures another motorist, you can seek compensation through a legal suit. If you have been injured in such a situation, our team can help you hold the negligent driver accountable for your losses and damages.
Texting takes drivers' minds and eyes off the road and their hands off the wheel. Because they are not paying attention to their driving,
They miss crucial road signs and information such as:
At Cobb Hammett, LLC, we represent injury victims in Charleston who are involved in all types of car accidents, including distracted driving. We work with vigor to recover the full amount of compensation you and your family will need to recover. You can rely on our attorneys for dedicated, representation throughout your case. Unlike some distracted driving lawyers in Charleston, we will assist you with all aspects of your accident, including access to good medical care if needed.
At Cobb Hammett, LLC, we are proud of our commitment to our clients. We pledge to provide them with the highest quality legal representation in Charleston and treat them with respect, empathy, and compassion. If you are suffering from the results of a dangerous car accident, know we are here to assist.
We will help you seek compensation for your medical bills, lost wages, pain and suffering, and additional losses. Surviving family members may also recover funeral expenses and compensation for the personal loss of a loved one, including the deceased's future income and benefits. When you or your family's health and financial security are on the line, trust the best choose Cobb Hammett, LLC.
CONTACT USMore often than not, tipsters, readers, friends, and family of Eater have one question: Where should I eat right now? What are the new restaurants? What's everyone talking about? While the Eater 18 is a crucial resource covering old standbys and neighborhood essentials across the city, it is not a chronicle of the "it" places of the moment. Enter the Eater Heatmap, which will change continually to highlight the spots crowds...
More often than not, tipsters, readers, friends, and family of Eater have one question: Where should I eat right now? What are the new restaurants? What's everyone talking about? While the Eater 18 is a crucial resource covering old standbys and neighborhood essentials across the city, it is not a chronicle of the "it" places of the moment. Enter the Eater Heatmap, which will change continually to highlight the spots crowds are flocking to at the moment or generating a big buzz. Folks are asking, "Have you been yet?" Try one of these newbies today.
This month, the new Jackrabbit Filly location joins the list.
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Eater maps are curated by editors and aim to reflect a diversity of neighborhoods, cuisines, and prices. Learn more about our editorial process.
Chinese American restaurant Jackrabbit Filly moved up the street to a bigger dining room and more prominent location. With the move comes a more extensive menu with exciting new options. Karrage, dumplings, and fried rice are still on the menu, but now there’s also a crab rangoon cheese ball, mapo tofu vol au vent, spicy Korean gnocchi, and Sichuan seafood wonton soup.
The couple behind Wagener Terrace hangout Berkeley’s recently opened their second restaurant, the Archer. They want it to have the same neighborhood vibes but raise the stakes with a full bar and fine dining-level comfort plates. Chef Paul Farmer (formerly of Three Sirens), puts out plates like duck frites, baked oysters, beef stroganoff, chicken liver mousse, and chilled crab dip.
Chubby Fish (most recently visited by Martha Stewart) has smartly expanded into the space next door with another cozy nautical space, but this time, the team is focused on world-class cocktails from Christian Favier (formerly of the Ordinary). Rum figures heavily on the list, but there’s also a delicious smoked dirty martini and plenty of fizzy drinks thanks to a fancy Japanese Suntory highball machine. Customers can order snacks from the ever-changing menu, including oysters, crudos, agnolotti, Iberico ham, and more.
Legami is a new Italian restaurant boasting a chef brought in from Rome by a family with roots in Turin, Italy. Washington Street Hospitality, which controls three Pasta Beach restaurants in New England, thought the King Street building would be another location for Pasta Beach, but decided to switch it up once they got into the historic building. Chef Andrea Congiusta cooks modern Italian fare with some influences from France. “We took inspiration from the classic fine dining, but we also want to have something fun, something that looks very fancy, and something you can crave,” says Congiusta. Dishes include king crab tagliolini, beef Wellington, and veal Milanese.
Modern steakhouse Marbled & Fin is giving all the other steakhouses a run for their money. The expansive dining room fills nightly with well-heeled customers ready to see and be seen. On the menu, chef Eucepe “Cepe” Puntriano includes all the steakhouse classics plus an emphasis on seafood dishes for non-meat eaters. Look for seafood towers, wedge salads, wagyu beef, bone marrow with oysters, creamed spinach, and more.
Charleston is going crazy for soup dumplings, and newcomer Chef Loong Dim Sum delivers. The restaurant offers four flavors (pork soup, chicken soup, pork tomato soup, and truffle pork soup). The rest of the menu is quite extensive as well, with selections ranging from Sichuan mala chicken, crab rangoon, dan dan noodles, mapo tofu, and more.
Chef Micheal Toscano recently opened a taco shop next to his Italian restaurant Le Farfalle. Blanca Estrada is Toscano’s ode to his Mexican mother and grandmother, whose cooking was an early influence on his culinary journey. The kitchen offers a selection of tacos, from cochinita pibil to lengua, several specials, like a lamb neck burrito, and several tequila drinks and pineapple vinegar soda.
Ice-cold martinis with a side of caviar set the vibe at By the Way, a new upscale lounge and restaurant in Cannonborough/Elliotborough hoping to draw a slightly more mature clientele away from King Street. It’s from Uptown Hospitality Group, the folks behind hotspots like Uptown Social and Bodega, in partnership with Craig Conover and Austen Kroll, two stars of Bravo TV’s Southern Charm. Fairly intimate with the feel of an old-world tavern, By the Way serves a menu of trendy pub fare like ’nduja deviled eggs, poutine, fried oysters with caviar, and steak frites.
Charming new hotel the Dunlin offers sweeping views of the Kiawah River, abundant hospitality, and coastal Southern fare in its signature restaurant, Linnette’s. Chef Michael DeCicco puts out dishes like a pressed and pickled watermelon salad, wood-fired oysters, cornmeal-crusted flounder, and a sorghum-benne lacquered steak with charred okra.
Chinese American restaurant Jackrabbit Filly moved up the street to a bigger dining room and more prominent location. With the move comes a more extensive menu with exciting new options. Karrage, dumplings, and fried rice are still on the menu, but now there’s also a crab rangoon cheese ball, mapo tofu vol au vent, spicy Korean gnocchi, and Sichuan seafood wonton soup.
The couple behind Wagener Terrace hangout Berkeley’s recently opened their second restaurant, the Archer. They want it to have the same neighborhood vibes but raise the stakes with a full bar and fine dining-level comfort plates. Chef Paul Farmer (formerly of Three Sirens), puts out plates like duck frites, baked oysters, beef stroganoff, chicken liver mousse, and chilled crab dip.
Chubby Fish (most recently visited by Martha Stewart) has smartly expanded into the space next door with another cozy nautical space, but this time, the team is focused on world-class cocktails from Christian Favier (formerly of the Ordinary). Rum figures heavily on the list, but there’s also a delicious smoked dirty martini and plenty of fizzy drinks thanks to a fancy Japanese Suntory highball machine. Customers can order snacks from the ever-changing menu, including oysters, crudos, agnolotti, Iberico ham, and more.
Legami is a new Italian restaurant boasting a chef brought in from Rome by a family with roots in Turin, Italy. Washington Street Hospitality, which controls three Pasta Beach restaurants in New England, thought the King Street building would be another location for Pasta Beach, but decided to switch it up once they got into the historic building. Chef Andrea Congiusta cooks modern Italian fare with some influences from France. “We took inspiration from the classic fine dining, but we also want to have something fun, something that looks very fancy, and something you can crave,” says Congiusta. Dishes include king crab tagliolini, beef Wellington, and veal Milanese.
Modern steakhouse Marbled & Fin is giving all the other steakhouses a run for their money. The expansive dining room fills nightly with well-heeled customers ready to see and be seen. On the menu, chef Eucepe “Cepe” Puntriano includes all the steakhouse classics plus an emphasis on seafood dishes for non-meat eaters. Look for seafood towers, wedge salads, wagyu beef, bone marrow with oysters, creamed spinach, and more.
Charleston is going crazy for soup dumplings, and newcomer Chef Loong Dim Sum delivers. The restaurant offers four flavors (pork soup, chicken soup, pork tomato soup, and truffle pork soup). The rest of the menu is quite extensive as well, with selections ranging from Sichuan mala chicken, crab rangoon, dan dan noodles, mapo tofu, and more.
Chef Micheal Toscano recently opened a taco shop next to his Italian restaurant Le Farfalle. Blanca Estrada is Toscano’s ode to his Mexican mother and grandmother, whose cooking was an early influence on his culinary journey. The kitchen offers a selection of tacos, from cochinita pibil to lengua, several specials, like a lamb neck burrito, and several tequila drinks and pineapple vinegar soda.
Ice-cold martinis with a side of caviar set the vibe at By the Way, a new upscale lounge and restaurant in Cannonborough/Elliotborough hoping to draw a slightly more mature clientele away from King Street. It’s from Uptown Hospitality Group, the folks behind hotspots like Uptown Social and Bodega, in partnership with Craig Conover and Austen Kroll, two stars of Bravo TV’s Southern Charm. Fairly intimate with the feel of an old-world tavern, By the Way serves a menu of trendy pub fare like ’nduja deviled eggs, poutine, fried oysters with caviar, and steak frites.
Charming new hotel the Dunlin offers sweeping views of the Kiawah River, abundant hospitality, and coastal Southern fare in its signature restaurant, Linnette’s. Chef Michael DeCicco puts out dishes like a pressed and pickled watermelon salad, wood-fired oysters, cornmeal-crusted flounder, and a sorghum-benne lacquered steak with charred okra.
Data SkriveThe No. 3 seed Charleston (SC) Cougars (23-8, 13-5 CAA) will meet the No. 6 seed Monmouth Hawks (13-19, 10-8 CAA) in the CAA tournament Sunday at St. Elizabeths East Entertainment and Sports Arena, starting at 8:30 p.m. ET.Buy tickets for Charleston (SC) vs. Monmouth...
Data Skrive
The No. 3 seed Charleston (SC) Cougars (23-8, 13-5 CAA) will meet the No. 6 seed Monmouth Hawks (13-19, 10-8 CAA) in the CAA tournament Sunday at St. Elizabeths East Entertainment and Sports Arena, starting at 8:30 p.m. ET.
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CHARLESTON, S.C. (WCSC) - The City of Charleston is looking to purchase property on the peninsula from Charleston County to build more affordable housing.The county-owned property sits at 993 and 995 Morrison Drive, located next to the Charleston Tech Center, and currently is a parking lot.On Thursday night, the county’s finance committee will meet to discuss potentially selling the property, with the city offering $30 million.This comes after the county council recommended on Jan. 28 entering negotiations with the...
CHARLESTON, S.C. (WCSC) - The City of Charleston is looking to purchase property on the peninsula from Charleston County to build more affordable housing.
The county-owned property sits at 993 and 995 Morrison Drive, located next to the Charleston Tech Center, and currently is a parking lot.
On Thursday night, the county’s finance committee will meet to discuss potentially selling the property, with the city offering $30 million.
This comes after the county council recommended on Jan. 28 entering negotiations with the city for an amount ranging between $30 and $35 million for the cost of the property.
This is a $10 million increase from Mayor William Cogswell’s initial offer of $20 million back in October. County councilmember Jenny Costa Honeycutt says that is because the county was looking for an offer closer to the appraisal value of the property which exceeded $30 million.
City officials say that their plan is to use funds they have set aside from their Cooper River Bridge Tax Increment Financing District to purchase the property if they receive final approval from the county.
If the county sells this property to the city, Honeycutt says the funds they would receive would go into the county’s capital projects program which consists of various different initiatives.
“We do have a lot of capital projects that are ongoing. Azalea, the bio lab, and other upfits that are being done, so that’s where those dollars would be spent. I’m sure there will be a discussion among council about the possibility of other areas and reinvestment into affordable housing initiatives, but at this point, the designated funds typically go back into our capital projects program,” Honeycutt says.
The county had initially considered seeking out developers for this property to create affordable housing, however, before moving too far along in the process, the city showed interest in purchasing it.
“To get potential developers to look at developing it in the way that would maximize its utility and provide the most affordable housing that they could put on this site,” Honeycutt says. “We didn’t expect the city to come in with a competitive offer and so before we got to that phase of the process, the city made its initial offer and so there have been discussions ongoing with the city.”
The city had said previously that their goal was to create 500 affordable housing units on this property, but the Chief Policy Officer for the city, Logan McVey, says it will depend on factors such as the final price tag, site conditions and the cost of building materials at the time of construction.
McVey says that affordable housing is essential for the peninsula, not only to alleviate traffic problems in the area but to ensure long-time Charleston residents have a place to live.
“When you have to live in Goose Creek or outer West Ashley or Johns Island, you have to drive all the way if you’re coming to downtown and when you do that, you put a strain on our roads,” McVey says. “We’ve even got a study that shows that people who are from here can’t afford to live here anymore and they’re being replaced by people that are moving here, so we’re kind of losing the culture that makes Charleston special and it’s really important to keep it affordable to live here to preserve that.”
Honeycutt says that Thursday’s discussion could result in approving or rejecting the city’s offer or coming up with a counteroffer. If the county decides to move forward with the city’s offer it will have to go to the county council for approval on Tuesday.
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The Charleston (SC) Cougars (22-6) will attempt to build on a seven-game winning streak when they host the Hampton Pirates (7-21) on March 8, 2025 at TD Arena.On Thursday, in its most recent game, Charleston (SC) defeated Campbell 75-54. With 22 points, Lara Rohkohl was its top scorer. In its previous game, Hampton lost to UNC Wilmington on Thursday, 68-54. Its high scorer was Jasha Clinton with 13 points.Watch women’...
The Charleston (SC) Cougars (22-6) will attempt to build on a seven-game winning streak when they host the Hampton Pirates (7-21) on March 8, 2025 at TD Arena.
On Thursday, in its most recent game, Charleston (SC) defeated Campbell 75-54. With 22 points, Lara Rohkohl was its top scorer. In its previous game, Hampton lost to UNC Wilmington on Thursday, 68-54. Its high scorer was Jasha Clinton with 13 points.
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This contest between the Cougars and Pirates will happen on Saturday, March 8, 2025. Be ready to see the opening tip at 2 p.m. ET.
The Cougars and Pirates will take to the hardwood at TD Arena for this matchup on March 8, and if you’d like to see the game live, get your tickets now from Vivid Seats!
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Charleston (SC) is outscoring opponents by 18.4 points per game with a +517 scoring differential overall. It puts up 74.4 points per game (48th in college basketball) and allows 56.0 per contest (24th in college basketball).
The 74.4 points the Cougars average are 7.1 more than the Pirates concede.
Charleston (SC) connects on 7.3 three-pointers per game (77th in college basketball), 1.6 more than its opponents (5.7). It is shooting 30.1% from deep (227th in college basketball) while allowing opponents to shoot 30.3%.
The Cougars put up 80.4 points per game at home, compared to 68.5 points per game on the road, a difference of 11.9 points per contest.
Charleston (SC) has been putting up 76.5 points per game in its last 10 times on the court, an average that’s slightly higher than the 74.4 it has scored over the course of the 2024-25 campaign.
Hampton has been outscored by 9.7 points per game (posting 57.6 points per game, 324th in college basketball, while allowing 67.3 per outing, 243rd in college basketball) and has a -273 scoring differential.
The Pirates post only 1.6 more points per game (57.6) than the Cougars concede (56.0).
Hampton makes 4.3 three-pointers per game (318th in college basketball) at a 25.7% rate (336th in college basketball), compared to the 5.0 its opponents make, shooting 30.7% from beyond the arc.
In 2024-25 the Pirates are averaging 3.0 more points per game at home (58.6) than on the road (55.6).
Over its previous 10 games, Hampton is scoring 56.6 points per game, 1.0 fewer point than its season average (57.6).
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A company owned by Charleston investor and philanthropist Ben Navarro will pay $250 million to buy Union Pier Terminal along the peninsula's waterfront, with a mortgage this week sealing the deal.Navarro's Marti Holdings LLC and the S.C. State Ports Authority filed the document with the county Register of Deeds on March 4. It capped more than a ...
A company owned by Charleston investor and philanthropist Ben Navarro will pay $250 million to buy Union Pier Terminal along the peninsula's waterfront, with a mortgage this week sealing the deal.
Navarro's Marti Holdings LLC and the S.C. State Ports Authority filed the document with the county Register of Deeds on March 4. It capped more than a year of negotiating the sale terms and working with local governments to form a special tax district that would pay for costly public infrastructure upgrades at the roughly 65-acre industrial site between Concord Street and Charleston Harbor.
The mortgage doesn't state a purchase price but references a $250 million deposit that Marti Holdings has placed on the property. The SPA confirmed Wednesday that figure matches the sale price.
Other details of the deal are included in a purchase agreement that was cited in the mortgage but not publicly filed. That document was signed a year ago, about the same time the SPA announced the sale to Navarro.
"The purchase and sale agreement are not public until the deal closes and the transfer deed is recorded," the SPA said in a written statement. "We do not release terms of the sale of an ongoing real estate transaction."
The $250 million also matches the assumed price cited in a footnote in a document outlining the special tax-district that Charleston City Council approved on Nov. 5.
The notation included another key detail — that the deal is expected to close in 2027.
A spokesperson for Beemok Capital, the "family office" that oversees Navarro's investments, said the company is "excited to proceed with closing this transaction with the Ports Authority."
At $250 million, the purchase price is well below the $400 million or so that some real estate analysts expected the prime property to fetch when the SPA announced in 2020 that it was putting Union Pier up for sale. The maritime agency has said it plans to use the proceeds for general operating expenses.
The effort to sell Union Pier has been tortured at times. The SPA initially hired Los Angeles-based developer Lowe to get the permits in place for a sale. It also offered the real estate firm an option to buy the site.
Lowe had previously purchased the ports authority's old headquarters just south of Union Pier, with the aim of replacing the outdated office building with a high-end waterfront hotel. That 191-room project has been taken over by Navarro's Beemok Hospitality Collection, which expects to open The Cooper later this year.
Conservationists and preservation groups opposed the original Union Pier redevelopment plan that Lowe proposed as too dense and out-of-character with the city's Historic District. The SPA ultimately paid $9.9 million to sever its ties with the California developer.
The authority also agreed to a new process that involved dozens of community groups that would form a plan for Union Pier's redevelopment during months of public meetings.
Navarro and the SPA started talking about a deal in late 2023. The agency's board unanimously approved the partnership in March 2024.
Bill Stern, the port's chairman, said at the time that the agency wanted to find a local buyer to redevelop the former cargo terminal that in recent years has been used mostly as a parking lot and as a cruise ship berth.
When it decided to sell Union Pier, the SPA let lapse its home-port agreement with the operator of the Carnival Sunshine, which left Charleston in January. The special tax-district agreement with the city calls for an eventual removal of the existing passenger building.
Navarro, a Rhode Island native who quickly rose to vice president of Citigroup early in his career, founded the investment firm Sherman Financial Group in 1998 and later bought a small bank he renamed Credit One Bank.
He moved his business to Charleston more than 20 years ago.
Credit One, the sponsor of an annual professional women's tennis tournament on Daniel Island, is now one of the nation's largest credit card issuers.
The centerpiece of Navarro's local hospitality holdings is The Charleston Place, just a few blocks inland from Union Pier. He bought the 434-room hotel and shopping complex for $350 million in late 2021 and is in the throes of a $150 million multiyear renovation project.
Navarro's other investments include the Riviera Theater on King Street; Sorrelle, an Italian restaurant, and the adjoining Mercato market on Broad Street; and the American Gardens urban park under construction at 141 Meeting St.