Abercorn APT LLC Purchased Three Savannah Properties

The firm acquired three vacant sites for $10 million to construct a new apartment complex.

Updated on Sept. 20, 2026 in Commercial

Bold vector editorial illustration of iron construction gates framing an empty lot and a large oak tree in Savannah. — Abercorn APT LLC has acquired three vacant properties in Savannah for $10 million, planning to redevelop the site into a modern residential complex. AI Illustration. Upload story photo >

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Abercorn APT LLC has finalized a $10 million deal to acquire three vacant properties in Savannah. The firm intends to redevelop the site, which formerly housed a La Quinta Inn and a Denny's, into the PARC Abercorn Apartments.

Why it matters

The redevelopment of these long-vacant parcels on Abercorn Street and White Bluff Road marks a significant shift in land use for this Savannah corridor. The project represents a new investment cycle for the area, replacing defunct hospitality and dining structures with modern residential units.

Abercorn APT LLC paid $10 million for three vacant parcels located at the intersection of Abercorn Street and White Bluff Road. The acquired sites include a shuttered Denny's restaurant and a former La Quinta Inn.

The players

Abercorn APT LLC

This is a real estate development firm registered to the address of Tioga Capital LLC.

Tioga Capital LLC

This investment firm manages $260 million in active assets and is affiliated with the purchasing entity.

The details

Property transfer records confirm the acquisition, which involves three distinct parcels in the city. Construction fencing has already been installed around the former hotel and restaurant properties to prepare for the development of PARC Abercorn Apartments.

September 20, 2026: The acquisition of the properties was confirmed.

Culture Shift

This project follows a pattern of converting defunct commercial sites into new residential housing that has been observed across the region. The development signals a broader transition toward urban densification as aging commercial corridors in Savannah are reimagined for residential use.

Residents near Abercorn Street and White Bluff Road will see immediate changes as the long-vacant properties transition from derelict commercial sites to active construction zones. The development of new apartments is expected to alter the character of the neighborhood by replacing old retail infrastructure with residential density.

The takeaway

The acquisition of these three vacant properties serves as a major indicator of revitalizing investment in Savannah. Neighbors should prepare for construction activity as the former hotel and restaurant site is cleared for new residential development.