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New owners report year of growth for The Cliffs

Staff Report //February 4, 2020//

New owners report year of growth for The Cliffs

Staff Report //February 4, 2020//

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The first 12 months under new ownership was a year of growth for The Cliffs, which includes Cliffs Realty and Walnut Cove Realty.

The Cliffs was acquired by South Street Partners about a year ago. South Street Partners is one of the largest developers and operators of residential private club communities in the country and master developer of Kiawah Island.

Real estate sales totaled $186 million in 2019 with 283 transactions closed among its seven communities, according to a news release. This compares to $171 million in sales in 2018 with 271 transactions closed.

The Cliffs has 1,781 completed homes and 140 homes currently under construction, according to the news release.

South Street last year also broke ground on The Cliffs at Keowee Vineyards Lakehouse and announced plans for the Keowee Springs clubhouse as well as new club amenities at The Landing, according to the release.

“We were pleased to finish 2019 strong with continued sales growth across our seven communities,” Rob Duckett, president of The Cliffs, said in the news release. “This momentum positions The Cliffs for an exciting year ahead as we continue to invest in our communities, members and internal team. We also congratulate our top producers as we look forward to another great year at The Cliffs.”

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