Frank Roessler is the founder and CEO of Ashcroft Capital, a real estate investment firm headquartered in New York City. Prior to forming Ashcroft Capital, Frank gained over a decade’s worth of acquisition and asset management experience at M&A Real Estate Partners, a national multifamily investment firm.
As founder and President of Birchstone, David Deitz navigates the strategic course direction of the property management company and ongoing operations while also overseeing processes and personnel to accommodate the company’s growth. From collaborating with investment partners and corporate teams to developing and implementing best-in-class plans for the operational infrastructure of systems, David’s unique approach to the industry is rooted in a passion to serve the people he has the honor to work with every day.
Greg O’Berry’s 35 years of dedication to the industry makes his name almost synonymous with rental housing. Greg acts as a client advocate, bringing a unique perspective critical to understanding the needs of today’s property owners and managers, and to the development of services to meet those needs…
Chase Harrington is the Entrata American Dream. He currently serves as the company’s President and Chief Operating Officer, where he oversees ongoing business operations, sales and product strategies. He joined Entrata in 2009 as a member of their client services team and has worked his way through the ranks helping Entrata build their world-class sales, product, and UX teams.
Kevin spent nearly 20 years with Comcast and was responsible for managing the team that negotiated telecommunications access agreements with multifamily property owners. In 2007, Kevin started Telecom Marketing Strategies (Parent company of Multifamily Utility Solutions). In 2017, Multifamily Utility Solutions became its own entity to better serve the needs of Multifamily Property Owners.
As the Founder and Principal of Ward & Company Real Estate, a real estate acquisitions company and Intuitive Management Partners, a Multifamily advisory firm, Whitney leads and defines company growth initiatives and expansion opportunities. Whitney’s role includes overseeing acquisitions & service contracts, capital markets, brokerage engagements and collaborating with strategic business partners for growth.
“Recent amendments to our senior preferred stock purchase agreement with Treasury impose additional risk criteria on the loans we acquire,” the GSE said in a letter. “One of those restrictions is a 7% limit on our acquisition of single-family mortgage loans secured by second home and investment properties.” Fannie Mae said that the amendment has prompted changes in its eligibility policies. All second homes must be underwritten with Desktop Underwriter, receive an approve/eligible recommendation and be delivered as a DU loan, Fannie Mae said.
Fully three-quarters of multifamily developers are experiencing construction delays, according to a new survey by the National Multifamily Housing Council, which collected 76 responses from leading U.S. multifamily specialists from Feb. 10 to March 5. Among that 75%, a bit more than three-quarters (77%) reported delays in permitting due to the coronavirus, down from 90% in a previous NMHC survey on the same subject from Oct. 6 to Oct. 27 but comparable to surveys early in the pandemic
Renter demand for apartments remained strong nationally in 2020, the pandemic notwithstanding, Yardi Matrix reported. Around 252,000 apartment units were absorbed last year, about 1.7% of total market stock and down 12% year-over-year from 2019
After a stretch at Summit Properties in the ‘90s, Terry spent a decade with Trammell Crow Residential Services, where he served as President. He started Riverstone Residential Group in 2006 and ran the company as President and CEO until merging with Greystar in 2014. After two years running U.S. real estate operations and client services for Greystar, Terry brought his 30 years of multifamily experience to SightPlan.