Real estate investor Frank Roessler is the founder of Ashcroft Capital, a multifamily investment firm based in Westwood, California. In his leadership role with the firm, Frank Roessler identifies and acquires multifamily properties with value-adding potential via capital improvements or by tightening operational inefficiencies.
When compared with other types of real estate, multifamily properties offer a number of advantages to investors. Because multifamily real estate contains numerous units on the same property, investors need only one property manager to handle tenant disputes, rent collection, and upkeep. In the same vein, multifamily real estate allows investors to take advantage of economies of scale, particularly when compared with single-family homes scattered across a geographical region.
Another advantage of multifamily real estate revolves around cash flow. If the tenant of a single family home fails to pay rent, the owner has lost his or her entire income from that property. If a tenant of a 10-unit multifamily property fails to pay rent, the owner has lost only 10 percent of his or her cash flow. In this light, multifamily real estate helps to ensure a stable, consistent income.
A real estate investor based in Westwood, California, Frank Roessler is the founder of Ashcroft Capital, a multifamily investment firm seeking value-add investments with current returns to limited partners. Frank Roessler holds a master of business administration from the UCLA Anderson School of Management, where he participated in the Anderson Real Estate Association and Anderson Finance Club.
UCLA Anderson prides itself on a flexible curriculum that allows students to customize their course of study. Students can choose the sequence of their core courses, which cover topics within marketing and finance. The curriculum at UCLA Anderson also leaves ample room for elective courses, which range widely from topics in sports marketing to the video game industry to digital marketing strategy.
Students at UCLA Anderson have the opportunity to choose a specialization such as entertainment, corporate finance, real estate, and many more. Students take a minimum of four courses within these specialization tracks, receiving an in-depth education in topics of interest to them.
To learn more about the curriculum at UCLA Anderson School of Management, visit the official website at anderson.ucla.edu.