Charleston, South Carolina-based real estate investor and developer Middle Street Partners has hired former Greystar executive Marysa Raymond as its new director of asset management, according to a news release provided by the company.
With Middle Street currently expanding its development and acquisition operations, Raymond will serve as a liaison between property managers and owners during the transition period, according to the release.
"I’m excited to join Middle Street Partners during such a dynamic time for the company,” Raymond said in the release. “I look forward to contributing to their continued success and being part of the growth ahead in this phase of increased investment and acquisition.”
Raymond comes to Middle Street with over two decades of multifamily experience. Her former roles include manager and vice president at Dallas-based Riverstone Residential Group, which was acquired by Charleston-based multifamily firm Greystar in 2015. As a director and senior director at Greystar, Raymond oversaw property management for over 15,000 conventional units valued at over $3 billion in South Carolina and Georgia.
Raymond left Greystar in 2021 for her most recent role as vice president of institutional sales, strategic accounts and affordable sales at Lehi, Utah-based multifamily property technology company Entrata. There, she managed global and domestic sales strategies for Greystar as well as technology and innovation deployment strategies for institutional clients and prospects.
Middle Street Partners has sponsored over $3 billion in investments in the Southeastern and Southwestern U.S. since 2009, according to the release. The company sold approximately 80% of its stabilized portfolio in fiscal year 2021, but has since acquired over $270 million in assets under management with more under contract and set to close in the first quarter of 2025.
“Middle Street is currently delivering over 2,500 units across eight development projects,” said Jeff Kaloupek, COO at Middle Street, in the release. “Likewise, we’ve been a very active buyer over the last 18 months. Marysa’s addition to the team will add a crucial layer of operational excellence across both business lines.”
The company’s most recent acquisition is the Pier 33 Apartments in Wilmington, North Carolina, which closed at around the time of Raymond’s arrival on Dec. 3. The 286-unit property is located directly on the waterfront at the Cape Fear River, with access to the nearby pier and riverwalk, according to the property’s website.
