Blog

Graycliff Capital Partners, LLC (Graycliff Capital), a leading developer/owner in the multi-family sector, has acquired The Aventine, a Class B+, garden-style residential community in Greenville, South Carolina – ranked the 6th Best Small City in the United States by Conde Nast Traveler in 2020.

The Aventine is centrally located in a rich amenity corridor with ready access to a variety of retail, grocery and entertainment options. The property is within walking distance to both REI and Whole Foods – and just a short drive away from Costco, Target, Cabela’s and other national chains. Situated near the intersection of I-85 and I-385, The Aventine is close to major employers including BMW North America, GE, Lockheed Martin, Michelin North America, TD Bank, and Clemson University’s Center for Automotive Research. Residents can commute to downtown Greenville, or travel to Greenville-Spartanburg International Airport, in less than 15 minutes.

Built in 2013, the 346-unit apartment community features best-in-class amenities including a resort-style swimming pool, fitness center, and package lockers.

The Aventine will be operated by Greenville-based NHE, Inc., which has significant regional operating experience in market rate and workforce housing. With the addition of The Aventine, Graycliff now owns more than 1300 units in the Upstate South Carolina market.

Over the past decade, Graycliff’s geographic reach has extended beyond the Carolinas to other parts of the Southeast, including Georgia and Tennessee. Graycliff’s portfolio also includes multi-family communities in the Mid-Atlantic region, as well as Ohio, Pennsylvania, and most recently, Utah.