Featured Deals
506(c)
$25,000
12/16/2022
Multifamily
$25,000
12/16/2022
Founded in 2015, Ashcroft Capital is a vertically integrated investment firm specializing in acquiring and managing apartment communities across the Sun Belt. With a focus on unlocking value, we deliver strong investor returns while fostering thriving residential communities.
Our in-house platform streamlines every aspect of the multifamily investment lifecycle. Through Birchstone Residential, our dedicated property management company, we ensure seamless operations and an exceptional resident experience. Birchstone Construction enables cost-effective renovations, while our proprietary SureHome Procurement strategy drives material cost savings, enhancing overall profitability.
Ashcroft Capital’s value-add investment strategy focuses on acquiring well-located properties with strong potential for renovations and operational enhancements. By leveraging our expertise, we drive increased property value, operational efficiency, and attractive returns for investors.
Beyond financial performance, we prioritize resident satisfaction by maintaining high-quality communities, fostering a sense of belonging, and delivering top-tier customer service. Our experienced leadership team combines industry best practices with innovative solutions, ensuring each asset benefits from a strategic and adaptable approach.
With a strong commitment to capital preservation and a proven track record of success, Ashcroft Capital is dedicated to creating long-term value for investors and residents alike. Join us in shaping the future of Sun Belt multifamily real estate.
Invested in AVAF2. 2 capital calls (so far), expecting a total loss. Invest with Ashcroft at your peril.
The 2 investments I had with them resulted in 100% capital loss for both. Their excuse is market conditions but further research reveals them repeatedly overstating the value of numerous properties and collecting the spread to the tune of $110 million! Just Google: The Ashcroft Valuation Gap: CoStar Data vs. Investor Reports. Despite repeated forced sales rather than using some of that money to prop up their failing assets they had the gall to make capital calls from the LPs, the very people that would suffer the most from any capital loss and I am sure that even with a total loss of a syndication the GPs made out just fine. This is no longer just about incompetence but outright fraud. Each investment was doomed to fail with money lost the moment it was wired over. Lawsuits have already begun but Ashcroft deserve nothing less than a full class action and SEC investigation/fines. Are any lawyers and regulators out there listening? I have little hope for any restitution but hopefully they can be prevented from further swindling people out of their hard earned money and maybe this can be the start of more stringent regulations and provide safeguards against the shady dealings in the world Reg D syndications.
I have been invested in AVAF2 and the fund is poorly managed. I expect a total loss of capital. This is the latest update "the Halston 5 portfolio, of which AVAF2 owns 33%, is now proceeding through a lender-led sales process. No equity recovery is expected for investors, and the Fund is focused on fulfilling lender requirements and maintaining stability throughout the process. With Elliot Gwinnett and Halston Citrus Ridge, the focus remains on preserving cash flow and positioning the assets for longer-term outcomes, which may result in the need for an 8% capital call." I would never invest with them
I invested in two Ashcroft deals. Both are performing significantly below their pro formas and have reduced distributions. The first one had a 6.5% capital call. My opinion is that Ashcroft used a higher risk value add strategy that produced great returns when the market was good and rents were increasing. Their performance took a significant hit when interest rates went up, rents stopped increasing and more multifamily were delivered to the markets they were investing in. I believe they had some deals with 100% investor loss, but not for the two that I am invested in. I don’t think I will invest again with Ashcroft, but I have to accept some of the responsibility for investing in multifamily near its peak in hot markets that are now oversupplied.
