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Claire Pressler

Architectural Gem Saved, Repurposed in Ohio

The Carlisle Building made it onto the front cover of the Novogradac Journal of Tax Credits – January 2016 issue.

“The centerpiece of city’s historic business district was recently rehabilitated thanks to The Chesler Group and one of the city’s largest employers, Adena Health System.”

Historic Building Saved, Repurposed in Chillicothe, Ohio by Mark O’Meara.

Please click below to read the full article.

Historic Building Saved, Repurposed in Chillicothe, Ohio

The Carlisle Block Building, Location: Chillicothe, Ohio, Developer: The Chesler Group

Speak up to support the Federal Historic Preservation Tax Credit!

October 26, 2015 News from the Cleveland Restoration Society

The Senate Finance Committee is developing plans to reform our nation’s tax code and Ohio Senator Rob Portman, as a committee member, has a big role to play. Join with the Cleveland Restoration Society, National Trust for Historic Preservation, and preservation partners across the country in asking him to make strengthening the historic tax credit a top priority! Click here to contact the Senator now!The federal historic tax credit combines with Ohio’s state historic tax credit to create a powerful incentive for revitalizing Ohio’s theaters, schools, factories and more, fueling the economy and preserving our irreplaceable heritage. Click here to learn more.

Despite a proven track record of delivering jobs and economic development while more than paying for itself, the federal historic tax credit could be weakened or eliminated through the tax reform process.

Take a moment to urge Senator Portman to support the federal historic tax credit and let him know that preservation matters to you!

The Cleveland Restoration Society is a member of the National Trust Partners Network. Founded in 1972, CRS uses the powerful tool of historic preservation to revitalize our diverse communities, strengthen the regional economy, and enhance the quality of life in northeastern Ohio.

Grand Opening Highlights

The News Watchman notably captured all the highlights of The Carlisle Building’s ribbon cutting ceremony that took place Monday, October 19, 2015.

“In 1885, I’m sure that a group of residents gathered here on this very spot to talk about a collection of brick, timber, and stone. It was a day of celebration, I’m sure, because their town now had an icon of success. Here we are today, celebrating a historic icon that represents the best of who we are as men and women,” said Chesler. “The Carlisle was a triple threat — burned, water damage, and neglect. For most, it was a defeat, but for me, it was an opportunity and a challenge … Like any endeavor, you break down a challenge to its component parts, work methodically, and never give up. While the Carlisle certainly scared me, it helped me to be stronger, smarter, and more diligent. Buildings and architecture represent our most important achievements as humans, and the very fabric of who we are is rooted in our buildings and our homes … In 1885, the Carlisle established Chillicothe as a success. Today, the Carlisle does it again.”

Please visit the link below for the entire article.

Rededicating a ‘Crown Jewel’: Ribbon cutting ceremony held at Chillicothe’s Carlisle building
– News Watchman

The Carlisle Featured in the Columbus Dispatch

The Columbus Dispatch recently released an excellent article that showcases the rewarding, yet demanding, story of The Carlisle Building’s journey to restoration.

Chillicothe’s Historic Carlisle Building Gets New Life
– The Columbus Dispatch

The Carlisle Building’s Grand Opening and Ribbon Cutting

The grand opening of The Carlisle Building took place yesterday, Monday, October 19, 2015. The two-part event included an extraordinary and welcoming community ribbon cutting during the afternoon, followed by a private VIP evening gathering to honor all of the hard work and dedication that has been put forth into the project. Michael’s remarks prior to the ribbon cutting are shared below. Later in the evening, Michael was awarded the 2015 City of Chillicothe Mayor’s Award for the “Carlisle Building Renovation Project.” Throughout the day, nearly 1,000 tours were given of the astounding and meticulously restored building. Both the renovation and the celebration honoring the new life of The Carlisle Building and its wonderful community could not have been a greater success.

Michael Chesler’s Remarks for The Carlisle Grand Opening



The Amenities of The Carlisle Building

Some of the best features that The Carlisle Building has to offer for its new tenant, Adena Health System, are its modern and up-to-date amenities. These contemporary updates, especially for the suites, are featured in the article below.

Chillicothe’s Carlisle Building once again center of downtown revitalization

Join us for The Carlisle’s Grand Opening

Please join us and the Chillicothe Community to celebrate the successful renovation of The Carlisle Building. The long anticipated revealing and grand opening will be held on Monday, Oct. 19th at 12pm. Below please find the timeless and sophisticated invitation that Adena Health System designed for the private VIP event.

Monday, Oct. 19th at 12pm
The Carlisle Building
9 S. Paint Street
Chillicothe, OH 45601

VIP Carlisle Invitation


Video Tour of The Carlisle Building

We are proud to announce that the Carlisle Building is near completion! The tremendous progress that has been made can be seen in the recent video tour and article of the building featured in the Chillicothe Gazette. Please click the link below for the video.

‘Cool Factor’ of Carlisle Impresses Future Tenants

Representing MainStreet America Fund at the Ohio Heritage Conference

Daniel Budish, Managing Director of the MainStreet America Fund will be speaking at the Heritage Ohio Conference on October 6, 2015. The topic of his presentation is small deal financing from the historic tax credit investor’s perspective.  Mr. Budish will take the audience through the difficulties of syndicating historic tax credits in small deals and how the MainStreet America Fund has innovated the process to make it easier and more financially viable for small historic projects across the country to monetize historic tax credits.

Chesler’s Fund Investment was Featured in Crain’s Cleveland Business

The MainStreet America Fund and its most recently closed deal was featured in Crain’s Cleveland Business. Please click below for the full article.


Chesler’s Fund Combines Lending with Developer’s Love of History – Crain’s Cleveland Business