The owners of the historic Jersey Shore getaway Renault Winery Resort have acquired Sea Oaks Country Club and Golf Resort in a $6.5 million transaction.

Accountable Equity, the private equity group that owns Renault as well as Kent Island Resort in Stevensville, Maryland, closed on the deal for the more than 200-acre property in Little Egg Harbor Township on Monday. The site includes a 194-acre golf course, 31-room boutique hotel, and a 35,000-square-foot clubhouse that contains restaurant space. There is also more than 15,000 square feet of event space including ballrooms, private meeting rooms, board rooms and spaces that overlook Atlantic City.

Accountable Equity is headquartered at Renault Winery Resort at 72 Bremen Ave. in Egg Harbor City, said president and co-founder Josh McCallen, noting that the winery is the second-oldest in U.S. history and opened when Abraham Lincoln was president. McCallen’s company Vivȃmee Hospitality handles hospitality management for Accountable Equity’s existing properties and will do the same for Sea Oaks, which will be rebranded as LBI National Golf & Resort.

*Article courtesy of Philadelphia Business Journal

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