The Cliffs

The Cliffs
WHO WE ARE

SEVEN SPECTACULAR COMMUNITIES, ONE INCREDIBLE EXPERIENCE

The Cliffs is a collection of seven private luxury residential mountain and lake club communities encompassing more than 20,000 acres in the Blue Ridge Mountains. One membership at The Cliffs grants access to an unparalleled suite of amenities, including seven clubs, seven nationally-acclaimed golf courses, seven wellness centers, boating and water sports, a Beach Club, full-service marina, paddle sports, cycling, tennis, an equestrian center, miles of hiking trails, more than a dozen dining and private event venues, an organic farm and more than 2,000 year-round programs and social activities to create timeless experiences. The unique setting of The Cliffs communities — seven clubs nestled in the Blue Ridge Mountains, from the shores of Lake Keowee near Clemson, South Carolina to northern Greenville, South Carolina and Asheville, North Carolina — offers members and residents four mild and inviting seasons for year-round enjoyment.

The Cliffs at Keowee Vineyards
Cyclists enjoy the view at The Cliffs Valley
The Cliffs at Glassy Clubhouse

A STORIED PAST, A CONFIDENT PATH AHEAD

Founded in 1991, The Cliffs master-planned communities grew rapidly through the 1990s and 2000s, opening golf courses by world-renowned names such as Gary Player, Tom Fazio, Jack Nicklaus, Tom Jackson, and Ben Wright, and selling hundreds of homesites across seven communities. Accolades over the years have recognized The Cliffs as home to some of the Best Residential Courses by Golfweek, among the Best Golf Communities to Live in North America by Golf Magazine, and the Happiest Community in America by Real Estate Scorecard, among many others. In February 2019, The Cliffs was acquired by South Street Partners, a private equity real estate investment firm with over $1 billion of assets under management.

Family overlooking the lake

An Esteemed Investor and A Proven Operator

SOUTH STREET PARTNERS

South Street Partners is a private equity real estate investment firm headquartered in Charlotte, NC and Charleston, SC specializing in the development and management of luxury residential private club communities. Founded in 2009, South Street has deployed $320 million of equity across residential and commercial properties and has over $1 billion of assets under management. 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.

Investments of note within the South Street Partners portfolio include:

Kiawah Partners – Acquired in 2013, the Kiawah Partners acquisition was one of the largest real estate transactions in South Carolina history. The acquired properties included the remaining developable residential lots on Kiawah Island as well as the Kiawah Island Club, an exclusive private membership club featuring two world class golf courses: Cassique and The River Course, Kiawah Island Real Estate, the dominant on-island residential brokerage and other related assets including Kiawah Island Utility and Freshfields Village, a 180k square foot commercial village just outside of Kiawah. The portfolio also included Doonbeg, a 400-acre luxury oceanfront golf resort and lodge located in County Clare, Ireland and Christophe Harbour, a 2,400-acre luxury resort, residential community located in St. Kitts.

Southeast Land Management – Acquired in 2016, Southeast Land Management is one of the largest private land portfolios in the Southeastern United States. The firm’s 19,000-acre portfolio includes properties in dynamic, growing markets such as Charlotte and Raleigh-Durham, N.C., Nashville, TN, Austin and San Antonio, TX, and the Lowcountry of South Carolina.

South Street Partners Management Team

Patrick Melton
MANAGING PARTNER

Patrick is responsible for all aspects of South Street Partners, including acquisitions, sales, development and operations. Previously, Patrick was a Partner at Discovery Land Company, a developer of high-end private golf communities. Patrick’s focus was acquisitions, finance, project management, and operations oversight across the entire portfolio of communities. Prior to joining Discovery, Patrick served in a number of roles at Terrabrook, a real estate development, investment, and management subsidiary of Westbrook Partners. During this time, Terrabrook was the largest owner and developer of master planned communities in the country. Prior to Terrabrook, Patrick began his real estate career in Washington, DC as a consultant with Ernst & Young’s Kenneth Leventhal Real Estate Group and KPMG’s Real Estate, Mortgage and Hospitality Group. Patrick graduated from the University of North Carolina at Chapel Hill with a bachelor’s degree in Business Administration from the Kenan-Flagler Business School. He currently resides in Charlotte, North Carolina with his wife and two daughters.

Will Culp
PARTNER

Will’s responsibilities at South Street Partners include deal sourcing, acquisition, equity and debt structuring, and asset management. He was most recently Vice President of Investments for Crescent Resources, a $1 billion real estate development and investment company headquartered in Charlotte, North Carolina. At Crescent, Will was responsible for all existing residential portfolio asset management, all new residential investments, and completing a $100 million equity raise for the Company. Previous to Crescent, Will worked for Hillwood Investments, a Dallas, Texas based development and investment firm and one of the top privately owned real estate companies in the country. Will’s responsibilities included asset management for Hillwood’s residential luxury investments. Will began his career with Inter-Asia Venture Management in Hong Kong, China. Will received a bachelor’s degree in Economics from the University of North Carolina at Chapel Hill. Will currently resides in Charlotte, North Carolina with his wife and children.

Jordan Phillips
PARTNER

Jordan provides substantial experience in the acquisition, management, reporting, and financing of real estate assets. He is focused on asset management and operations as well as development oversight at South Street Partners. Jordan was previously with Discovery Land Company, a developer of second home golf course club communities. While at Discovery, Jordan was responsible for a multitude of projects and was directly involved in all areas of the company’s operation. His tenure included lengthy stints in The Bahamas, Mexico, and Scottsdale, Arizona. Prior to joining Discovery, Jordan worked for Inter-Asia Venture Management in Hong Kong, China. Jordan received a bachelor’s degree in Economics from the University of North Carolina at Chapel Hill. Jordan currently resides in Charleston, South Carolina with his wife, daughter and son.

Chris Randolph
PARTNER

In addition to deal sourcing, acquisitions and asset management, Chris sources and maintains investor and capital relationships at South Street. He is also responsible for sales and marketing initiatives at Kiawah. Previously, Chris ran acquisitions in the real estate group at Summit Capital Management, a private equity firm with over $300 million of assets under management. At Summit, Chris focused primarily on opportunistic, middle market, multifamily real estate investments. Chris was also involved in Summit’s development of a high-end private club golf course outside of Annapolis, Maryland. Chris graduated from the University of North Carolina at Chapel Hill with a bachelor’s degree in American History. He serves on the Medical University of South Carolina’s Board of Visitors as well as on numerous other local boards including the MUSC Children’s Hospital, the First Tee of Charleston and the Charleston Regional Development Alliance. Chris currently resides in Charleston, South Carolina with his wife and yellow lab.