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Graycliff Capital

11–50 employees 13 principals

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Last updated 2w ago

About Graycliff Capital

Graycliff Capital is a real estate operator. Graycliff Capital operates in Asheville, North Carolina, Atlanta, Georgia and Augusta, Georgia. Its investment focus is on Multifamily - Value-Add, Single-Family Homes and Workforce Housing.

​Graycliff Capital Partners is a real estate investment firm based in Greenville, South Carolina, founded in 2009 by Andy Reiken and Don Spalding. The company has completed $4.1 billion in real estate investments and raised $952 million in equity. Its portfolio includes 15,704 units managed across 75 historic properties.​ Specializing in multifamily housing, Graycliff focuses on development, acquisition, renovation, and management of apartment communities. The firm targets markets in the Southeastern U.S., including South Carolina, North Carolina, Georgia, Tennessee, and Virginia, as well as the Mountain West regions like Utah and Idaho. Since its inception, Graycliff has developed over 14,000 apartment units, executing approximately $3.0 billion in transactions.​

Principals at Graycliff Capital

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13 principals on file

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Recent activity at Graycliff Capital

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Graycliff Capital's project portfolio

1 project on file · Multifamily (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Graycliff Capital operates in

  • Asheville, North Carolina
  • Atlanta, Georgia
  • Augusta, Georgia
  • Boise, Idaho
  • Charleston, South Carolina
  • Chattanooga, Tennessee-Georgia
  • Fort Collins-Greeley, Colorado
  • Greenville-Anderson, South Carolina
  • Huntsville-Florence, Alabama
  • Myrtle Beach, South Carolina
  • Nashville, Tennessee
  • Panama City–Lynn Haven, Florida
  • Pensacola-Ferry Pass-Brent, Florida
  • Raleigh-Durham, North Carolina (Research Triangle Park - RTP)
  • Salt Lake City, Utah
  • Savannah, Georgia
  • Spartanburg, SC
  • Virginia Beach - Norfolk - Hampton Roads, Virginia
  • Wilmington, North Carolina

Investment themes at Graycliff Capital

  • Multifamily - Value-Add
  • Single-Family Homes
  • Workforce Housing

Capabilities

  • Asset Management
  • Construction Management
  • High-Rise
  • Mixed Use
  • Private Equity

Operators similar to Graycliff Capital

  • Buligo Capital
    Established tierSpartanburg, SCWilmington, North Carolina+13 more marketsWorkforce HousingMultifamily - Value-Add
  • The Sports Facilities Companies
    Established tierCharleston, South CarolinaVirginia Beach - Norfolk - Hampton Roads, Virginia+12 more markets
  • RealtyLink, LLC
    Established tierWilmington, North CarolinaNashville, Tennessee+9 more markets
  • WMG Development
    Established tierWilmington, North CarolinaNashville, Tennessee+8 more markets
  • Flournoy Development Group
    Established tierWilmington, North CarolinaNashville, Tennessee+8 more markets
  • Ziff Real Estate Partners (ZRP)
    Established tierWilmington, North CarolinaAtlanta, Georgia+8 more markets
  • Capstone Communities
    Established tierWilmington, North CarolinaAtlanta, Georgia+7 more marketsSingle-Family Homes
  • Fogelman Properties
    Established tierNashville, TennesseeRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+5 more marketsWorkforce HousingMultifamily - Value-Add
  • Carter-Haston
    Established tierNashville, TennesseeAtlanta, Georgia+5 more marketsWorkforce HousingMultifamily - Value-Add
  • Hill Tide Partners
    Established tierAtlanta, GeorgiaRaleigh-Durham, North Carolina (Research Triangle Park - RTP)+4 more marketsWorkforce HousingMultifamily - Value-Add+1 more theme

Frequently asked questions about Graycliff Capital

What does Graycliff Capital do?
​Graycliff Capital Partners is a real estate investment firm based in Greenville, South Carolina, founded in 2009 by Andy Reiken and Don Spalding.
What markets does Graycliff Capital operate in?
Graycliff Capital is active in Asheville, North Carolina, Atlanta, Georgia, Augusta, Georgia, Boise, Idaho, Charleston, South Carolina, and Chattanooga, Tennessee-Georgia.
How many employees does Graycliff Capital have?
Graycliff Capital has 11–50 employees.
Graycliff Capital cover image

Graycliff Capital at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
11–50
Units owned
10,000-25,000
Units managed
10,000-25,000
Property mgmt
Self-Managed
Markets
19
Principals
13

Contact Graycliff Capital

200 East Broad Street Ste 220 | Greenville, SC 29601
graycliffcapital.com