Mesa West Capital Provides $110M to Fund Georgia MF Buy
Mesa West Capital provided a joint venture of KKR and Nashville-based Carter-Haston with $110 million in first mortgage debt for the off-market acquisition and stabilization of Juncture, a 560-unit apartment community in Alpharetta, GA. The five-year, floating rate loan is secured by the Class A garden-style multifamily community located at 910 Deerfield Crossings Dr. that was completed in October 2017.
Mesa West Capital’s Ronnie Gul says, “Juncture is one of the highest-quality assets in Alpharetta, a submarket which has benefited from job and population growth, in part due to the successful Avalon high-end lifestyle development.” Gul led the Los Angeles-based origination team, which also included Seth Hall.
The phased development features a mix of one and two-bedroom apartments across 16 buildings on a low-density 24-acre site. Each unit is characterized by its high ceilings, stainless steel appliances, full size washer/dryer and high-end finishes. The project also features resort-style community amenities.
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
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