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Atlanta & Southeast  + Southeast  + Apartments  | 

Waterton Acquires Four-Property NC MF Portfolio for $169M

Chicago-based Waterton acquired a four-property residential portfolio totaling 1,148 units in North Carolina for reportedly in the neighborhood of $169 million. The acquisition nearly doubles Waterton’s North Carolina portfolio, and comprises properties with prime value-add opportunity built between 1987 and 1995.

The properties include:

  • The Retreat at McAlpine Creek (6800 Fishers Farm Ln., Charlotte, pictured) – 400 units across 30 three-story garden buildings, and four townhome buildings set on 40 acres roughly 14 miles south of Charlotte’s CBD.
  • Ashford Green (230 Barton Dr., Charlotte) – 300 units across 22 three-story garden buildings, and five townhome buildings set on 20 acres roughly 10 miles northeast of Charlotte’s CBD.
  • Atria at Crabtree Valley (4601 Baymar Dr., Raleigh) – 268 units across 18 two- and three-story garden-style buildings, set on 28 acres north of downtown Raleigh and southwest of the Research Triangle Park.
  • Audubon Parc (1100 Audubon Parc Dr., Cary) – 180 units across 10 three-story garden-style buildings, set on 18 acres southwest of downtown Raleigh and the Research Triangle Park.

For comments, questions or concerns, please contact Dennis Kaiser

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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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