Anderson Real Estate Association Competes in NAIOP SoCal Challenge

 

Anderson Real Estate Association
Image: anderson.ucla.edu

Frank Roessler is a driven real estate investor and entrepreneur who has held positions such as acquisition associate and asset manager. A graduate of UCLA’s MBA program, Frank Roessler currently manages the daily operations of Ashcroft Capital as its founder.

While a graduate student at UCLA, Mr. Roessler was actively engaged in extracurricular activities that included the Anderson Finance Club and the Anderson Real Estate Association (AREA). A student-led organization, AREA promotes awareness of real estate and prepares members for careers in the real estate industry. The organization offers extensive programming that ranges from professional networking and mentorship to field trips and site visits.

AREA also participates in the Commercial Real Estate Development Association (NAIOP) SoCal Real Estate Challenge, a competition that hosts five person teams from each of USC’s and UCLA’s business schools. Each student team creates a real estate development proposal for a specific location. The most recent challenge was attended by nearly 300 real estate professionals. In 2016, UCLA’s team developed a strategy to develop a 5.07-acre site in the City of Inglewood and was awarded the Silver Shovel for its work.

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Anderson Real Estate Association’s Annual Real Estate Career Night

 

Anderson School of Management
Image: anderson.ucla.edu

Frank Roessler serves as founder of Ashcroft Capital, a national multifamily investment firm based in Westwood, California, that focuses on repositioning complexes with 100 or more units. A graduate of the University of California, Los Angeles (UCLA) Anderson School of Management, Frank Roessler belonged to the Anderson Real Estate Association (AREA).

The AREA gives UCLA Anderson students the chance to advance their real estate knowledge and promote industry awareness. Students receive guidance on marketing themselves and how to conduct effective career searches, while developing a working understanding of real estate concepts and principles. In addition, students can begin developing industry connections through educational and social networking opportunities.

Programs administered by AREA include the Real Estate Career Night, an annual event organized by students that allows them to network with potential employers and industry leaders. Sponsored by UCLA Anderson’s Richard S. Ziman Center for Real Estate, the event has featured more than 100 companies in the past three years, including Lowe Enterprise, the Olson Company, Wells Fargo, and American Realty Advisors.

Anderson Real Estate Association Advances UCLA Real Estate Students

 

Anderson Real Estate Association
Image: anderson.ucla.edu

The founder of Ashcroft Capital, Frank Roessler brings more than a decade of experience in multifamily investment and asset management to the Westwood, California, company. Prior to establishing his career, Frank Roessler graduated with a master of business administration in real estate finance from the University of California, Los Angeles Anderson School of Management. He also held membership with the university’s Anderson Real Estate Association (AREA).

AREA enables students to advance their real estate education by becoming part of a professional community that promotes industry awareness and prepares them to market themselves after graduation. Members learn an assortment of skills to help them succeed in the real estate industry, such as how to conduct appropriate career searches. The association also explores essential real estate principles and concepts and provides students with networking opportunities that broaden their knowledge and social connections.

Specific programs and event series offered by AREA include the Distinguished Speakers Series, the Mentoring Program, and the Real Estate 101 series of workshops. Students may also visit the offices of established real estate companies through the Days on the Job program and receive advice from UCLA graduates in the real estate field at alumni networking mixers. In addition, members are invited to participate in the annual NAIOP Challenge organized by the National Association of Industrial and Office Properties.

Club Events at UCLA Anderson Real Estate Association

UCLA Anderson
Image: anderson.ucla.edu

Frank Roessler is the founding principal of Ashcroft Capital, a multifamily real estate investment firm headquartered in Southern California. Before launching his career in real estate, Frank Roessler received his MBA from the UCLA Anderson School of Management, where he belongs to the Anderson Real Estate Association (AREA).

A prominent student group at UCLA Anderson, AREA hosts a variety of events designed to expose students to real estate and prepare them for their careers. Every year, the club competes against rival USC’s business school in the National Association of Industrial and Office Properties Challenge, in which each school sends a five-person team to determine a maximally effective use for an existing real estate project. The club also participates in national case competitions such as the UNC Real Estate Development Challenge and the MIT CASE Competition.

In addition to intercollegiate competitions, AREA sponsors a broad range of real estate workshops for students at UCLA Anderson. Over the years, the organization has sponsored events on topics ranging from land acquisition and private equity financing to real estate financial modeling and home purchasing. Other club events include alumni networking mixers, mentorship programs, and a distinguished-speaker series.

AREA Prepares Anderson School of Management Students for Careers

Anderson Real Estate Association
Image: anderson.ucla.edu

Ashcroft Capital founder Frank Roessler earned his MBA at UCLA’s Anderson School of Management in 2008. During his time there, Frank Roessler participated in both the Real Estate Association and the Finance Club.

At UCLA, the Anderson School of Management provides students with the education and support they need to become successful business professionals. In addition to challenging curriculum and experienced professors, Anderson students have access to an array of specialized clubs and professional groups, including the Anderson Real Estate Association, or AREA.

AREA helps students get a jump-start in their real estate sector careers through networking and self-promotion. Members learn about the industry, meet successful local professionals, and prepare for their post-grad job search. Enriching activities like job shadowing and as well as mentorship programs allow AREA members to get a real taste of the real estate world and form valuable partnerships early on.

Each year, AREA competes against teams from USC’s business school in a real estate proposal contest. Teams are assigned an existing property in the Los Angeles area, and asked to determine the best way to utilize that property. The winning team earns the prestigious silver shovel award from the sponsoring National Association of Industrial and Office Properties.