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Graycliff Capital Adds to Residential Holdings in Western N.C with Acquisition of Reserve at Asheville
Greenville, S.C.-based Graycliff Capital Partners, LLC (Graycliff Capital), a leading developer/owner in the multi-family sector,has acquired Reserve at Asheville, a well-maintained, 380-unit apartment community in Asheville, N.C. Situated along Highway 63, a major Asheville thoroughfare, the Reserve at Asheville has averaged 94.7 percent occupancy over the past two years. The property is located at 11…