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Atlanta & Southeast  + Southeast  + Apartments  | 

Cushman & Wakefield Arranges Asheville Sale for Carlisle

Greenville, SC-based Graycliff Capital Partners acquired The Reserve at Asheville, a 380-unit apartment community located in Asheville, NC from Carlisle Residential Properties. Built in 2008, the property has averaged 94.7% occupancy over the past two years and is situated along Highway 63, a major Asheville thoroughfare.

Graycliff’s Paul Aiesi says, “The Reserve at Asheville fits well with Graycliff’s strategy for investing in underserved submarkets of areas with tremendous growth potential. The property’s location offers a perfect balance of convenience to downtown and affordability – a win-win for Graycliff and the residents of Reserve.

Cushman & Wakefield’s Watson Bryant, Marc Robinson and Jordan McCarley represented the seller.

“The Reserve at Asheville is a unique asset with some of the largest floorplans in Asheville,” Bryant said. “The property is a great addition to Graycliff’s impressive Asheville portfolio, and makes Graycliff one of the largest owners in the city.”

For comments, questions or concerns, please contact Dennis Kaiser

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Connect With Graycliff’s AiesiConnect With Carlisle Residential PropertiesConnect With Cushman & Wakefield’s Multifamily Team

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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