South Street Partners is a private equity real estate sponsor and investment manager headquartered in Charlotte, NC and Charleston, SC with over $2 billion in assets under management. South Street invests in the acquisition, development, and management of well-located institutional quality real estate assets – primarily focused in the Southeast and Sun Belt regions.
South Street’s team of professionals has complimentary experience in a wide variety of asset types with expertise in various disciplines including land development, resort, residential, mixed use, commercial and industrial real estate.
120,000+ Acres
815 keys
10 communities | 9,500 property owners
6,500 club members | 12 golf courses
1 Million square feet
In 2022, South Street Partners raised over $225 million for its inaugural fund, SSP GP Fund I. The Fund was formed to continue South Street’s established track record of executing on opportunistic, value added and special situation investment opportunities in real estate assets.
The Fund’s GP structure enables South Street to scale its successful strategy of partnering with other institutional investment firms on large cap transactions as well as to pursue small and mid-cap deals utilizing the Fund’s balance sheet. The Fund has a broad mandate and provides South Street with as much as $2.25 billion of unlevered buying power via partnerships and co-investment vehicles.
The firm was founded in 2009 on the belief that growth in the Southeastern Corridor would outpace the rest of the country and that attractive risk-adjusted opportunities would persist in these areas over the long term. Finding overlooked and idiosyncratic opportunities in these markets became a core part of South Street’s DNA. The Southern migration thesis has firmly materialized over the last decade and continues to strengthen as both individuals and corporations seek more favorable environments.
The firm has a demonstrable track record of successfully transacting in these markets – and remains focused on targeting quality locations for existing and developable real estate.
With an average of 20 years of real estate industry experience, South Street’s principals are keenly aware of the firm’s competitive advantages. South Street’s investment philosophy is rooted in a “plug and play” approach – whereby South Street can leverage existing expertise on new real estate investment opportunities. The result is an institutional-quality investment process coupled with a sponsor-level attention to detail on business plan execution.
South Street endeavors to generate opportunistic returns by embracing both complexity and risk. The firm approaches investment opportunities with a rigorous, quantitative due diligence and underwriting process – and employs creative strategies that reduce risk. Since inception, South Street has demonstrated an ability to capitalize on fluid market dynamics and deliver exceptional risk-adjusted returns throughout various real estate cycles.
South Street approaches real estate investment from an operator’s perspective; significant institutional experience coupled with a boots-on-the-ground understanding of its assets. This unique mindset allows the firm to impact and improve every aspect of a project, from concept to execution to completion. All parties benefit – from institutional clients to family office investors to property owners and end users.
South Street has created a robust development platform with experience in entitlement efforts and land planning, as well as horizontal and vertical development. In-house development capabilities include project management, architectural review and design, sales and marketing and homebuilding functions.
South Street has assembled a team of seasoned investment professionals and 1,500+ project level employees with experience across varying disciplines. The firm believes individuality and diverse perspectives will lead to improved performance and better outcomes across projects.
South Street seeks to generate attractive risk-adjusted returns for its partners by:
South Street’s guiding tenet is that generational projects require more from their stewards.
South Street strives to be a part of the communities in which it operates on more than a transactional level – philanthropy, social engagement, and proactive leadership are central elements of community partnership. Through years of experience, South Street has learned that building trust with stakeholders requires constant communication; doing the right thing consistently; and proactively finding ways to address community needs.
Stretching out across 10 magnificent miles of sparkling shoreline just 25 miles south of Charleston, Kiawah Island’s natural beauty is unrivaled along the Eastern Seaboard. In 2013, South Street Partners acquired Kiawah Partners, the master developer of the barrier Island, as well as Kiawah Island Real Estate and the first-in-class Kiawah Island Club.
Seven luxury private golf communities set in three distinct regions across The Carolinas define The Cliffs. 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.
Palmetto Bluff is situated in the Lowcountry of South Carolina between Charleston and Savannah, Georgia. As the largest remaining waterfront property on the East Coast, Palmetto Bluff is evolving as a vibrant residential and recreational preserve enriched by wilderness and wildlife and enhanced by our commitment to conservation.
Founded by Sheila Johnson, one of America’s foremost business leaders, Salamander Resort & Spa is located in historic Middleburg, VA. The Forbes Five-Star resort combines artfully designed facilities with unparalleled experiences, across 340 acres framed by Blue Ridge Mountains, lush vineyards, and horse farms.
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. Floor plans may not be to scale. 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. There are various methods for calculating the total square footage of a residence and the quoted square footage of a unit may vary. All conditions and descriptions of amenities and facilities are subject to the Developer’s continuing quality improvement programs.
South Street Partners is committed to facilitating the accessibility and usability of its website. Our goal is to provide an accessible and barrier-free environment for our website, online services and other technology. We will be updating our website over time to implement the relevant portions of the World Wide Web Consortium’s Web Content Accessibility Guidelines 2.0 Level AA (WCAG 2.0 AA), which will also bring our website into further conformance with the Section 508 Web Accessibility Standards developed by the United States Access Board (Section 508). Please be aware that our efforts are ongoing. If, at any time, you require assistance please contact us directly at 828.631.1042.