MIAMI, FL – Atlantic | Pacific Companies has agreed to
acquire the affordable housing division of Carlisle Development Group, creating
a new enterprise that is poised to become one of the largest affordable housing
companies in the country.
 |
| Randy Weisburd |
Based in
Miami, Florida, Atlantic | Pacific (A | P) is a fourth generation real estate
company, with more than 650 employees, over 23,000 units under management and a
footprint that includes Florida, California, Texas, Georgia and the Carolinas.
“We are excited to welcome a leading affordable housing
company to the A|P family,” said Randy Weisburd, COO of Atlantic |
Pacific Companies. “The new company will leverage the extensive experience of
both organizations to bring state of the art affordable housing to the communities
we serve.”
 |
| Matthew Greer |
“Atlantic | Pacific
is the perfect fit for our team because they share our long term vision of
empowering local communities to improve themselves” said Matthew Greer,
CEO of Carlisle Development Group.
“Their geographic reach and sterling
reputation make them ideally suited to grow this great team’s role in the
national affordable housing landscape.”
 |
| Kenneth Naylor |
The new company,
which will be led by Kenneth Naylor, will be named A|P Communities, and
will join A | P Management, A | P Advisory Services, A | P Real Estate Group,
and A | P Development as affiliates of A|P Companies.
For a complete
copy of the company’s news release, please contact:
Jessica Wade Pfeffer
Jessica Wade Inc.
Tel: +1 305.804.8424