Conserve Holdings Expands Student Housing Portfolio with Acquisition of Auden Upstate in Spartanburg, South Carolina

October 31, 2025
Spartanburg, SC – [10/16/2025] – Conserve Holdings, in partnership with PeakMade Real Estate as property manager, announced the acquisition of Auden Upstate, a 486-bed student housing community serving the University of South Carolina Upstate (USC Upstate). This transaction reflects Conserve’s growing focus on the student housing sector and its continued expansion into high-growth markets.
The acquisition was facilitated by Barry Weiner of Capital Access, with KeyBank Real Estate Capital, led by Rodney Shenman, providing financing.
Auden Upstate offers a mix of one-, two-, three-, and four-bedroom apartments with modern amenities tailored to student needs, including:
  • Resort-style pool and clubhouse
  • Fully equipped fitness center
  • Study lounges and collaborative workspaces
  • Proximity to USC Upstate campus
“We are thrilled to expand into Spartanburg with the acquisition of Auden Upstate,” said David Walkin, Principal of Conserve Holdings. “Student housing is a sector with strong fundamentals, and this acquisition allows us to bring our value-add strategy to a growing university market.”
The property will undergo a strategic capital improvement plan to enhance amenities, unit interiors, and community engagement programming. With PeakMade Real Estate as the management partner, Conserve Holdings intends to elevate resident experience while driving long-term operational performance.
This transaction underscores Conserve Holdings’ ongoing strategy of expanding into diverse multifamily segments, including conventional, workforce, mixed-use, and student housing communities.

About Conserve Holdings

Conserve Holdings is a real estate investment and development firm focused on multifamily and adaptive-reuse opportunities across the U.S. Sunbelt and Mid-Atlantic. With a diverse portfolio spanning conventional, workforce, and student housing, the firm leverages local partnerships and community-first strategies to create value for investors and residents alike.

Media Contact:

For media inquiries, contact:

Annie Cobb, Director of Operations 

at Conserve Holdings

About conserve holdings

Conserve Holdings, a leading real estate investment firm specializing in the acquisition and management of multifamily properties nationwide, 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.