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Beach Investment Fund LP, through its manager, Beach Real Estate Funds (BREF), both affiliates of The Beach Company, announced the July 29 acquisition of The Northside at Merrimon (Northside), a 166-unit garden-style multifamily community in Asheville, N.C.

When the coronavirus pandemic began shutting down the economy in March, Greenville Area Development Corporation President and CEO Mark Farris expected development activity to grind to a halt, too.

The Beach Co. CEO John Darby said it’s important to remember that everyone is working through the COVID-19 pandemic together. “There is no one person that’s an authority on this, and don’t try to be,” Darby said.

Setting the architectural standard in Charleston’s historic district, The Jasper will include 219 luxury rental homes, 75,000 square feet of AAA-office space and 25,000 square feet of first-floor retail space with an enclosed parking garage.

Beach Investment Fund, an affiliate of The Beach Company, has purchased the off-market Bennington Woods, a 134-unit community in Cary, N.C., for $22.4 million.

The site, located near the city’s downtown along Governor’s Drive, will be developed into one of the largest mixed-use projects in Huntsville’s westside.

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