Graycliff Capital Partners’ Caitlin Meek-Steelman Promoted to Chief Executive Officer
Caitlin Meek-Steelman has been promoted to Chief Executive Officer (CEO) of Graycliff Capital Partners, LLC (Graycliff Capital), a leading developer/owner in the multi-family sector based in downtown Greenville, South Carolina. Since its founding in 2010, Graycliff has acquired and developed 15,498 units, executing approximately $3.8 billion in transactions.
Meek-Steelman joined Graycliff in 2015 as the firm’s Controller. With more than a decade of accounting experience at the time, her fast-paced learning style and effective management approach were recognized quickly by the Graycliff leadership team, and she was promoted to Chief Financial Officer (CFO) in 2016. Under her guidance and financial leadership, the company completed 95 transactions totaling $3.5 billion from 2016-2022 – more than four times the number of transactions prior to her promotion at 10 times the value. Graycliff also saw an increase in assets during this period – from $291 million in assets under management to $1.7 billion.
In addition to her new responsibilities as CEO, Meek-Steelman will continue to serve as CFO for the foreseeable future.
Paul Aiesi, Graycliff partner, noted “Caitlin has significantly contributed to the resounding success Graycliff has experienced over the past few years. On behalf of Graycliff’s four partners, I want to be the first to congratulate Caitlin on her well-deserved promotion. Ours is a vibrant, fast-paced environment and we are confident in Caitlin’s ability to lead our firm and its people as we explore new markets and continue to thrive.”
Awards and Accolades
Meek-Steelman was recognized as 2021 Senior Financial Executive of the Year by the Upstate South Carolina CFO Council. One of three award recipients, Meek-Steelman was singled out as Senior Financial Executive of the Year in the Small Business category. In 2020, Meek-Steelman was among the elite group of Upstate South Carolina professionals to be honored in GSA Business Report’s inaugural “Forty under 40” recognition program. The Forty under 40 Awards recognize success and community involvement of 40 professionals under age 40 who are making their mark on the Upstate from a mix of industry, professional and community sectors.
For Meek-Steelman, one of her signature accomplishments was co-developing Graycliff’s charitable donation and volunteer platform through which each employee is given the latitude to support a charitable organization of their choice at the end of each calendar year.
Meek-Steelman graduated magna cum laude from Clemson University in 2006 with a Bachelor of Science degree in Accounting. She earned her Master of Accountancy (Taxation) from Clemson in 2007.
Graycliff Capital in the Carolinas
Graycliff has developed multiple luxury apartment communities across the Carolinas in recent years. Select recent and current coastal developments include Waterleaf at Carolina Bays in Myrtle Beach, SC; Waterleaf at Murrells Inlet and Encore at Murrells Inlet Townhomes in Murrells Inlet, SC; and Waterleaf at Foxbank in Moncks Corner, SC. Three Graycliff developments in the Upstate region of South Carolina area are Cotton Mill Apartments, Waterleaf at Neely Ferry, and Tribute Verdae in Greenville. Recent acquisitions include Retreat at Weaverville in western North Carolina, and The Aventine in Greenville, SC.
About Graycliff Capital Partners, LLC
Headquartered in Greenville, S.C., Graycliff Capital Partners is a multi-family development and investment company with focus on the Southeast and Mountain West regions of the United States. Since its founding in 2010, Graycliff has acquired and developed 15,498 units, executing approximately $3.8 billion in transactions. Graycliff’s core strategy is based on investing in areas with established economic growth and high barriers to entry. Over the past decade, Graycliff’s geographic reach has extended beyond the Carolinas to other parts of the Southeast, including Tennessee. Graycliff’s portfolio also includes multi-family communities in the Mountain West, including Utah and Idaho. Graycliff is passionate about supporting local non-profits making positive impacts in their respective communities. For more information, visit www.graycliffcapital.com.
