Frank Roessler, a real estate investor and business owner, holds a degree from Bucknell University and an MBA from the UCLA Anderson School of Management. Currently, Frank Roessler serves as the managing principal and founder of Ashcroft Capital, a real estate investment firm located in Westwood, California.
Prior to his current work, Mr. Roessler served as an asset manager of a $425 million portfolio of more than 5,000 units located throughout several metropolitan statistical areas (MSAs) in the United States. MSAs refer to population clusters within the United States that are defined by the Census Bureau and delineated by the Office of Management and Budget.
To be classified as an MSA, an urban area must have one or more population clusters of at least 50,000 residents. There are several other metropolitan classifications as well. Core based statistical areas (CBSAs) are those with a population cluster of 10,000 or more, while micropolitan statistical areas are those with an urban cluster between 10,000 and 50,000 residents.
For additional information on MSAs and their standards for delineation, visit www.census.gov/programs-surveys/metro-micro/about.html.