Benefit Street Partners Provides $34.5M Loan for Conserve Holdings' $47M South Carolina Apartment Acquisition

Deal Summary

Benefit Street Partners has supplied a three-year $34.5 million loan to Conserve Holdings for its $47 million acquisition of the 257‑unit Parkview Greer multifamily property in Greer, South Carolina, from developer Keith Edes. The transaction closed at an interest rate of SOFR plus 2.45%, marking Conserve Holdings’ 11th investment in the Greater Greenville‑Spartanburg area.