---
title: "Benefit Street Partners Lends $35M on South Carolina Apartments Buy"
url: https://burnaze.com/article/343bda83-68df-4374-a1ae-dd739def98f9
source: "Commercial Observer"
original_url: https://commercialobserver.com/2026/06/benefit-street-partners-south-carolina-apartments/
author: "Andrew Coen"
category: "Real Estate"
published: 2026-06-10T16:41:23.000Z
modified: 2026-10-31T13:16:31.915Z
image: https://commercialobserver.com/wp-content/uploads/sites/3/2026/06/David-Walkin-Greer-SC-sign-credit-Conserve-Holdings.jpg?quality=80&resize=1200%2C630&strip=
---

# Benefit Street Partners Lends $35M on South Carolina Apartments Buy

**TL;DR:** Conserve Holdings has acquired the 257-unit Parkview Greer apartments in Greer, South Carolina, for $47 million, with Benefit Street Partners providing a $34.5 million loan. The transaction marks Conserve Holdings' 11th in the Greater Greenville-Spartanburg area.

*By Andrew Coen, originally published in Commercial Observer on 2026-06-10. [Read the original](https://commercialobserver.com/2026/06/benefit-street-partners-south-carolina-apartments/).*

## Story

**Conserve Holdings** has landed $34.5 million of acquisition financing to purchase a newly built South Carolina multifamily asset, Commercial Observer has learned.

**Benefit Street Partners** supplied the three-year loan for the real estate investment firm’s $47 million acquisition of the 257-unit **Parkview Greer** in Greer, S.C., from developer **Keith Edes**. The transaction closed at an interest rate of plus 2.45 percent over the Secured Overnight Financing Rate.

The transaction marked Conserve Holdings’ 11th in South Carolina’s Greater Greenville-Spartanburg area.

“That milestone speaks to our deep conviction in this region,” **David Walkin**, founding partner of Conserve Holdings, said in a statement. “Each one represents a meaningful step forward for our company, our partners, and the communities we invest in.”

**Greysteel’**s **John Manning** arranged the sale.

Located at **1004 Parkview Greer Circle**, Parkview Greer is five miles north of **Greenville-Spartanburg International Airport** and 15 miles east of **Furman University.** Park View Greer consists of one-, two- and three-bedroom apartments, and features amenities such as a fitness center, a swimming pool, a clubhouse and a dog park.

Conserve is partnering with **Sharp Management** to provide property management.

## Entities

- Real Estate (sector)
- Commercial Observer (publication)
- real estate investment (topic)
- Andrew Coen (person)
- acquisition financing (topic)
- multifamily asset (topic)
- Greysteel (company)
- Conserve Holdings (company)
- Benefit Street Partners (investor)
- Parkview Greer (location)
- Keith Edes (person)
- David Walkin (person)

---
Originally reported by Andrew Coen, Commercial Observer (https://commercialobserver.com/2026/06/benefit-street-partners-south-carolina-apartments/). Summarized by Burnaze (https://burnaze.com/article/343bda83-68df-4374-a1ae-dd739def98f9).