Conserve Holdings Announces Acquisition of Universal Pine Ridge in Lyman, SC
BISWIRE/April 2, 2025 – Conserve Holdings is proud to announce the acquisition of Universal Pine Ridge, a 210-unit multifamily community located in Lyman, South Carolina. This marks our seventh acquisition in the Greenville-Spartanburg MSA, reinforcing our commitment to strategic growth across the Southeast.
The transaction, facilitated by John Phoenix, highlights the collaborative efforts of all parties involved. John noted, “Our team was thrilled to assist David Walkin and the Conserve Team with the acquisition of Universal at Pine Ridge. As demand for high-quality, affordable housing continues to rise with the Upstate’s booming population and robust job growth. This investment further showcases Conserve's mission of providing accessible housing options that support Greenville/Spartanburg's expanding workforce.”
Financing for the acquisition was provided by Steve York of Arbor Realty Trust, continuing their strong partnership with Conserve Holdings. Conserve Holdings also extends its appreciation to the sellers, Cox Universal Groups’ Shane Anderson, and wishes them continued success in their future endeavors.
This acquisition underscores Conserve Holdings’ focus on quality assets in thriving communities.
For media inquiries, please contact:
Annie Cobb
About Conserve Holdings:
Conserve Holdings, a leading real estate investment firm specializing in the acquisition and management of multifamily properties nationwide. The company was founded by David Walkin and Steve Fuchs with a focus on long-term value creation. The company leverages its expertise to identify and secure investment opportunities that deliver optimal returns for its investors. Conserve Holdings is committed to building strong relationships, driving innovation, and contributing to the growth and success of the communities in which it operates.
Contact David Walkin at david@conserveholdings.com