In 2019, South Street acquired The Cliffs Communities, a collection of seven luxury private golf communities set in three distinct regions across The Carolinas. 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. Capitalizing on 30,000-acres of pastoral terrain, The Cliffs offers its members seven world-class golf courses, seven wellness centers, an equestrian center, a lively Beach Club, a full-service marina, an organic farm, and a wealth of inspiring venues still to come.
In many ways, The Cliffs is a Carolina mountain version of Kiawah Island. Each of the seven communities within The Cliffs enjoys an extensive amenity set.
South Street recognized a two-fold opportunity here — first to acquire the equity at a substantial discount to replacement cost and subsequently de-lever the investment to control the land assets. Secondly, they recognized the opportunity to turnaround underperforming operations by capitalizing on its proven managerial and development experience. The overall vision involved returning The Cliffs to its prominent position as one of America’s premier collections of private club communities.
Accelerated by the new work/play paradigm, The Cliffs has amplified the value inherent through attention to amenities, infrastructure, quality of development, and operational excellence.
The Cliffs Land Partners
The Cliffs Clubs Private Membership
communities courses wellness centers restaurants clubhouses