B
each Real Estate Funds (BREF), an affiliate of The Beach Co., has acquired Ryder Junction Apartments in Greer. This marks the third investment for BREF's Beach Investment Fund II, following properties in Charlotte and Orlando.
Ryder Junction, built in 2023, features 264 one-, two- and three-bedroom units with resort-style amenities like a pool, fitness center, and outdoor social spaces. Its location near major economic drivers such as BMW and Greer Inland Port makes it an attractive option for residents seeking employment and entertainment opportunities.
"We're dedicated to acquiring high-quality communities in flourishing markets," said Ward McCarthy, director of portfolio management for BREF. "Ryder Junction is well-positioned to capitalize on regional job growth and the Interstate 85 manufacturing corridor."
The property's exceptional quality and amenities are expected to make it a standout option for residents prioritizing modern luxuries near in-demand jobs. As a strategic addition to Beach Investment Fund II, Ryder Junction embodies BREF's commitment to long-term value creation.
"The Beach Company has been active in the Greenville market for decades," said Chief Operating Officer Dan Doyle. "Ryder Junction is a reflection of their exceptional work and we're excited to build upon it as we position the property for long-term success."
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