TRAVELERS REST, S.C. — South Street Partners, a developer and operators of luxury residential private club communities in the United States, recently announced the acquisition of The Cliffs — a collection of seven private luxury mountain and lake club communities in the western Carolina mountains, including in northern Greenville County.
South Street acquired all of The Cliffs entities previously owned by Florida-based Arendale Holdings, LLC. They will oversee development, management, operations, sales and marketing for The Cliffs and The Cliffs Clubs. Working alongside The Cliffs’ current leadership team, South Street brings with them a world-class acumen in sales, marketing and club operations. Additionally, South Street has a comprehensive development plan that includes innovative and unique amenities and future neighborhood development across The Cliffs’ Mountain, Lake and Asheville regions.
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“We are thrilled to acquire what is the premier collection of private mountain and lake communities in the Southeast,” said Patrick Melton, managing partner of South Street. “The setting of The Cliffs communities, nestled in the Blue Ridge Mountains with close proximity to booming Greenville, South Carolina and Asheville, North Carolina, makes this a very unique opportunity. These communities are well positioned to benefit from the unprecedented demand occurring in the Carolinas and offer everything future residents are seeking in a world-class community. We look forward to sharing our long-term vision for The Cliffs with our current and future residents in the coming weeks and months.”
With over 50 years of combined experience, South Street has a documented track-record in the luxury resort residential development world. Most notably, in 2013 the firm acquired Kiawah Partners, the master developer of Kiawah Island, S.C.
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