South Street Partners ("South Street"), one of the largest developers and operators of luxury residential private club communities in the United States, today announced the acquisition of The Cliffs - a collection of seven private luxury mountain and lake club communities in the western Carolina mountains. Kiawah was sold once again to the Sea Pines Company for a total of $17 million. Still, the sale leaves the Charlotte firm in charge of day-to-day management of the overseas properties and key elements of life on the resort island, including sales, development and operations. Main Real Estate Sales Office - 843.768.3400, 2023 Kiawah Island Real Estate, LLC. Please be aware that our efforts are ongoing. Since its founding in 2009, South Street has established itself as one of the country's preeminent private residential club and resort investors. Will joined South Street Partners in 2012 and focuses on the firms acquisitions, development and capital markets businesses. Use of recreational facilities and amenities may require club membership. Will is also a member of South Streets Investment Committee. These projects include several golf courses, beach clubs, golf clubhouses, a marina, and other residential and recreational facilities along with real estate subdivisions. Kiawah Island is more than just a luxurious coastal destination. 2017 Conservation Efforts Accreditation, The Kiawah Conservancy gained national recognition as an Accredited Land Trust from the. Kiawah Island Real Estate Reports Record $567M in 2020 Sales. A native of Greensboro, North Carolina, Bennettes previous experience includes consulting, bookkeeping, human resources, event management, and fundraising. We encourage you to experience the history, amenities, and natural beauty of the Island first-hand. "We believe our history of sourcing and executing a wide range of complicated transactions throughout various stages of the market cycle while providing excellent returns to our investors over the last decade is one of the main reasons investor appetite was so strong. based out of Charlotte, NC in 2013. The Civil War lasted until 1865, and during this time, the Gibbs and Vanderhorst family abandoned the Island due to its lack of protection and susceptibility to enemy attack. Floor plans may not be to scale. The Ocean Park community was also developed at this time and has since provided local homeowners with a rare chance to own property just a stones throw from a top-rated course. He resides in Charleston, SC with his wife. South Street acts as a principal investment platform as well as an operating partner and co-investor for institutional partners interested in special situations, opportunistic and value add real estate investments in the Southeastern United States as well as select continental US and international markets. When offered the opportunity relocate to the Charleston area and work exclusively for Kiawah Partners and Colleton River Plantation, he jumped at the opportunity. "As a former fund-less sponsor raising capital on a deal-by-deal basis, reaching the closing of our inaugural U.S. discretionary commingled fund is a major achievement," said Chris Randolph, Partner. South Street Partners, the Charlotte, North Carolina based real estate investment firm purchased Kiawah Partners on Monday, June 2. We encourage you to experience the history, amenities, and natural beauty of the Island first-hand. Kiawah Partners is the direct descendant of Kiawah Islands original master planner, community developer, and real estate sales organization. To protect this ecosystem, residents created a non-profit organization to maintain the Islands wildlife and natural habitats. Rory McIlroys major PGA win at The Ocean Course established the prestigious venue even more than what it was regarded as previously. Lords Proprietors were high-ranking men appointed by English rule to create settlements in the New World. Today, it is one of the most sought-after aspects of living on the Island. Along the northern side of Rhetts Bluff road are two Schoolbred family gravesites. All Rights Reserved, Correctly predicting more advertising reviews than every service in our space combined", ~ Steve Ratti, Editor-in Chief of Ratti Report, Global Account Reviews that include the USA, South Street Partners buys Kiawah Islands master developer. [email protected]), which is being used by 100.0% of South Street Partners work. A.M. Stern. KIAWAH ISLAND, SC 29455, 701 EAST BAY STREET, SUITE 518 That years Ryder Cup was one by the American team on the last shot of the last hole, thrusting Kiawah into the spotlight. Kiawah Partners, the master developer of the Island, was acquired by South Street Partners based out of Charlotte, NC in 2013. He is a Certified Public Accountant in South Carolina and is active . Truly committed to nature stewardship and sustainable development, Helping to improve lives right in our own community, Our dedicated sales professionals boast unrivaled knowledge of Kiawah properties, Top ranked for lifestyle, golf, real estate and environmental stewardship. You can update your choices at any time in your settings. Johns responsibilities at South Street Partners include acquisitions, development, and asset management. Home to both the 2012 and 2021 PGA Championships, the Island boasts seven world-class courses including the Kiawah Island Clubs acclaimed Cassique and River Course, as well as top-tier tennis, boating, fitness, wellness, and dining venues. Floor plans may not be to scale. Tom Fazio's River Course is ranked #13 in the Palmetto State and Cassique, a links-style course designed by Tom Watson, takes #16. The sale comes a year after a messy family feud between two cousins behind Kiawah Partners burst into public view. Henry is a native of Statesville, North Carolina. In March, South Street Partners bought The Cliffs from Florida-based Arendale Holdings for an undisclosed price. Another senior living facility is coming to the Charleston area. Majestic maritime forestry, ribboning waterways, whispering marsh grasses, and famed fairways set the stage for extraordinary living within the exclusive, gated community. Ray graduated from the University of Tennessee with a BS degree in Civil Engineering. 2820 SELWYN AVENUE, SUITE 500 In 1699, 2,700 acres of the 10,000 acre-Island were sold to Captain George Raynor by the Lords Proprietors. Ray has over 40 years of experience working in various capacities within the resort, luxury, master-planned community, and real estate development industry. Its rare that a developer like Kiawah Partners remains with a project for 25 years, he said. At Summit, Chris focused primarily on opportunistic, middle market real estate investments throughout the U.S. as well as the development of a high-end private golf club business. They built it into one of the more prestigious resorts in the Carolinas, if not the East Coast. Its so rewarding to help folks find their ideal home on the Island. Prices, plans, products and availability are subject to change without notice. Before there was Kiawah, there was a plan. Were passionate about sharing the Islands story with you, and cant wait to show you our slice of paradise. South Street acquired Kiawah Partners, the master developer of Kiawah Island, in 2013, and The Cliffs, a collection of seven private residential communities in North and South Carolina,. That years Ryder Cup was one by the American team on the last shot of the last hole, thrusting Kiawah into the spotlight. Prior to joining Discovery, he worked for Inter-Asia Venture Management in Hong Kong, China. January 4, 2023. The Past, Present, and Future of Kiawah Island. Click the link in the email we sent to to verify your email address and activate your job alert. Kiawah Island is quite a place and has become the benchmark us of best master planned communities. Jagesi is a website that writes about many topics of interest to you, a blog that shares knowledge and insights useful to everyone in many fields. Floor plans may not be to scale. Legal & Privacy. FOUNDED IN 1991. Jordan received a bachelors degree in Economics from the University of North Carolina at Chapel Hill. Their phone number is704-334-3212. I believe they will be a good addition to our community, he said. Currently, Jordan is an active member of The Gibbes Museum of Art Board, the Charleston Regional Development Alliance Economic Leadership Council and the UNC Educational Foundation Board of Advisors. The Civil War lasted until 1865, and during this time, the Gibbs and Vanderhorst family abandoned the Island due to its lack of protection and susceptibility to enemy attack. At this time, The Sanctuary Hotel had also just been completed and finally opened its doors to guests. Your job seeking activity is only visible to you. Most recently, Kevin served as Audit Manager at Grant Thornton LLP and Dixon Hughes Goodman LLP. He currently resides in Charlotte, North Carolina with his wife and two daughters. Come see us at any one of our three locations on Kiawah (just before the main gate, at The Sanctuary Hotel, and in Freshfields Village). The very best of Kiawahs colorful land and seascapes come together at Ocean Park. All rights reserved. Stretching out across 10 magnificent miles of sparkling shoreline just 25 miles south of Charleston, Kiawah Islands natural beauty is unrivaled along the Eastern Seaboard. Kiawah has roughly 4,100 property owners, and about 400 undeveloped lots, according to a spokesman for Kiawah Partners. Raynor was a pirate known for raiding faraway places, including the Red Sea and Madagascar. It follows the 2013 purchase of Kiawah Partners, the master developer of Kiawah . The purchase also included two private golf courses, the Cassique and River Course, 400 undeveloped lots, Freshfields Village, Kiawah Island Real Estate, and Kiawah Island Utility. The company now owns 3 major SC communities Palmetto Bluff and The Cliffs and is the owner of the residential development of Kiawah Island which includes Kiawah Island Real Estate and Kiawah Island Club. In many ways, The Cliffs is a Carolina mountain version of Kiawah Island. Kiawah Partners, the master developer of the Island, was acquired by South Street Partners based out of Charlotte, NC in 2013. The Digital Marketing Specialist is a key member of the South Street Partners, owner of Kiawah Partners, The Cliffs and Palmetto Bluff, marketing team and will manage and execute a wide-range of . Will received a bachelors degree in Economics from the University of North Carolina at Chapel Hill and currently resides in Charlotte, North Carolina with his wife, son and two daughters. He served a six-year term on The First Tee of Greater Charleston Board of Trustees (including two years as Board President) and served as Co-Chair of the Friends of the Muni which raised money to renovate the Charleston Municipal Golf Course. South Street Partners is a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC whose subsidiaries include Kiawah Partners, Kiawah Island Club &. was also developed at this time and has since provided local homeowners with a rare chance to own property just a stones throw from a top-rated course. Its wonderful to forge and maintain good relationships over many, many years. This is not an offer to sell or solicitation to buy real estate in any jurisdiction where prohibited by law. Any furniture, appliances or decorator ready items depicted herein are shown for artistic and illustrative purposes only and are not included in the purchase and sale of the residence. MASTER DEVELOPER AND EXCLUSIVE BROKERAGE Were passionate about sharing the Islands story with you, and cant wait to show you our slice of paradise. The entity serves a dual purpose in showcasing some of the Eastern Seaboards most extraordinary properties along with an unrivaled social and sporting club for residents who choose to make Kiawah home. All homes are intentionally. Sign in to create your job alert for Copywriter jobs in Kiawah Island, SC. Kiawah Partners deep commitment to environmental stewardship and sustainable development sets us apart, Preserving Kiawahs legacy for the future, Main Real Estate Sales Office - 843.768.3400, 2023 Kiawah Island Real Estate, LLC. His responsibilities included operations, development and project management across all owned properties. Most recently, Chris was a Director with Heritage Golf Group, a boutique owner and operator of private and daily fee golf clubs throughout the Southeast. All conditions and descriptions of amenities and facilities are subject to the Developers continuing quality improvement programs. Rays other notable works include the Doonbeg Lodge & Golf Club, County Clare, Ireland and Christophe Harbour, St. Kitts, West Indies. Royal was a lumberman and real estate developer who built the first summer home on Kiawahs Eugenia Avenue, named after his wife. He was most recently Senior Associate at Fifth Third Securities in Charlotte, North Carolina where he focused on both buy-side and sell-side mergers and acquisitions and equity and debt capital raising assignments. Kiawah Island Real Estate is the only brokerage firm focused exclusively on Kiawah Island properties. Charming gardens, velvety fairways, and inspiring marsh, creek, golf, and long ocean vistas are showcased across the landscape. Learn more in our Cookie Policy. South Street Partners is a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC whose subsidiaries include Kiawah Partners, Kiawah Island Club & Real Estate, Residences at Salamander and The Cliffs, as well as Southeast Land Management, one of the largest privately-owned land portfolios in the . 350 + FULL-TIME EMPLOYEES 30 K TOTAL ACRES 4, 317 PROPERTIES SOLD TO DATE 73 % CHARLESTON, SC 29403. It will include a short course and a practice facility for members. Book Synopsis . From sparkling Lake Keowee to the peaks of the Blue Ridge Mountains and onto historic Asheville, North Carolina, homeowners and club members enjoy a host of distinctive amenities and access to seven exclusive clubs with a single membership. His firms website lists Melton and three other partners, and says the group has $500 million in equity invested in 15 luxury residential club developments. Having acquired the firm in 2013, South Street Partners furthers its legacy for excellence and its mindful approach to expansion. Each of the seven communities within The Cliffs enjoys an extensive amenity set. The firms two primary Island offerings further the best-in-class status Kiawah has long been recognized for. Statement of responsibility from page 157. After working in the roles of customer service technician, onsite installer, trainer, and software developer; he left to work for Club Resort Solutions as a consultant. The Cliffs experiences record-breaking sales in 2020 expands realty services to The Cliffs at Walnut Cove. Our combined knowledge, plus our ability to open doors and allow clients to see every inch of this Island, cannot be matched. THE RIVER COURSE CLUBHOUSE | DESIGNED BY SHOPE RENO WHARTON, CASSIQUE CLUBHOUSE | DESIGNED BY SHOPE RENO WHARTON & DINING BY CHEF TOM COLICCHIO, SPORTS PAVILION | GYM, OLYMPIC POOL, TENNIS & PICKLEBALL COURTS, THE BEACH CLUB | DESIGNED BY ROBERT A.M. STERN & DINING BY MIKE LATA, THE MARSH HOUSE | DESIGNED BY THOMAS & DENZINGER & DINING BY MIKE LATA, SASANQUA SPA AT THE RIVER COURSE | DESGINED BY CLODAGH, THE SPORTING CLUB | 720-ACRE SPORTING PARADISE INCLUDING RELEASED BIRDS, SPORTING CLAYS, AND SKEET. Use of recreational facilities and amenities may require club membership. South Street Partners has a proven track-record of success in the luxury resort residential development world, including the acquisitions in 2013 of Kiawah Partners, the master developer. Born in New York and raised in North Carolina, Dan first visited Kiawah Island for the 1991 Ryder Cup and it has been a lifelong goal of his to return to the Island professionally. Secondly, they recognized the opportunity to turnaround underperforming operations by capitalizing on its proven managerial and development experience. Founded in 2009, South Street has deployed over $500 million of equity across resort, residential and commercial properties and has over $1.3 . She is proud to serve on the Board of Directors of Palmetto Goodwill and is a member of the Seasonal Employer Alliance. It gives South Street control of the remaining developable residential inventory on Kiawah, as well as the members-only Kiawah Island Club, a real estate company, a utility company, a shopping center and resort properties in Ireland and the Caribbean. Previously, Jordan was with Discovery Land Company, a developer of high-end private golf club communities. Presented plans, materials and specifications are subject to architectural and other revisions at the sole discretion of the developer, builder or architect, or as may be requested by law. This is not an offer to sell or solicitation to buy real estate in any jurisdiction where prohibited by law. Rob has spent the last 16 years of his career with Discovery Land Company holding management and executive positions at several of their communities/clubs and most recently serving as the CEO of Mountaintop Golf & Lake Club in Cashiers, NC. Terms of the deal werent disclosed. Years later, it was fully renovated in 2016 by Nicklaus once again. She was most recently Assistant Director of SECU Crystal Coast Hospice House where she prepared financial reports and managed strategic planning and marketing for fundraising events. The firm's inaugural discretionary commingled fund raised over $225 million, significantly exceeding an original target of $100 million. Years later, it was fully renovated in 2016 by Nicklaus once again. Rumors be told, a number of celebrities own or have called Kiawah Island home: Dan Marino, Richard Gere, Reese Witherspoon, George Clooney, Bruce Willis and more. Chris graduated from the University of North Carolina at Chapel Hill with a bachelors degree in American History. In an interview Monday with the Charleston Post and Courier, Melton said his firm is evaluating the overseas properties, but has no immediate changes planned. There are various methods for calculating the total square footage of a residence and the quoted square footage of a unit may vary. He eventually made his way to the Carolinas, where he decided to change his pirating ways and settle on the quiet Island of Kiawah. All conditions and descriptions of amenities and facilities are subject to the Developers continuing quality improvement programs. In 2013, South Street Partners acquired Kiawah Partners, the master developer of the barrier Island, as well as Kiawah Island Real Estate and the world-class Kiawah Island Club. The purchase also included two private golf courses, the Cassique and River Course, 400 undeveloped lots, Freshfields Village, Kiawah Island Real Estate, and Kiawah Island Utility. Almost 100 years later, after being in the Vanderhorst family for centuries, Kiawah Island was sold for $125,000 to Charles Clance Royal of Aiken. If, at any time, you require assistance please contact us directly at 828.631.1042. There are various methods for calculating the total square footage of a residence and the quoted square footage of a unit may vary.
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