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Atlanta & Southeast  + Carolinas  + Apartments  |  September 19, 2022
Beach Real Estate Funds, LLC, an affiliate of The Beach Company, has acquired Waters Edge at Harbison apartments in Columbia, SC for $32.4 million.
Lisa McDuffie
By: Lisa McDuffie

Beach Real Estate Funds Acquires Columbia Multifamily for $32M in Last Act

Charleston, SC-based Beach Real Estate Funds, LLC, an affiliate of The Beach Company, has completed its $32.4-million acquisition of Waters Edge at Harbison, a 204-unit garden-style multifamily in the Columbia, SC submarket of Harbison.

This transaction represents the final acquisition for the Beach Investment Fund.

John Currin, Andrea Howard and Jeff Glen of Northmarq facilitated the sale on behalf of the seller; Connor Locke and Cliff Ayers with Walker & Dunlop placed the debt; and BREF’s Darby Parker and Niko LeVigne facilitated the acquisition on behalf of the buyer.

The 1996-constructed Waters Edge at Harbison spans 14 acres with 10 residential buildings, along with connectivity to a lake and area’s trail systems. The property is located northwest of downtown Columbia and is adjacent to the fast-growing town of Irmo.

Photo courtesy The Beach Company

Read More News Stories About: Walker & Dunlop
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The Beach Company

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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