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Ashcroft Capital: Verified Investor Reviews on Invest Clearly

2.20

(5 reviews)
Sponsor
Claimed Profile
Actively Raising

Ashcroft Capital Website

Ashcroft Capital

Ashcroft Capital Overview

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.

Address

800 3rd Ave, Suite 2210

New York,

New York

10022

Year Founded

2014

Operates In

Asset Classes

Multifamily

Accepted Investors

Accredited

Ashcroft Capital Details

Assets Under Management$2.8B

Ashcroft Capital Deals
1

Deal Thumbnail

Ashcroft Value-Add Fund III, LP

Minimum Investment$25,000
Close Date12/16/2022
Closed

Ashcroft Capital Reviews
5

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highlighted review

Verified Investor

11/14/2025

1.00

"100% Loss of Capital and Capital calls on other funds"

Also reporting a 100% loss of capital on a deal (from 2020) and capital calls on other deals including the Ashcroft Value Fund I (Conglomerate of assets). Even though I know this wasn't malicious, it was simply a lack of experience from the operators as they have never experienced downturns. What bothers me the most on the final disposition call is that they did not explain what they would do differently in the future and they simply blamed everything on interest rates/FED etc. The biggest lesson I've learned from these losses is to only invest in deals where they use fixed rate loans. If the cashflow doesn't pencil out with a fixed rate loan and reasonable rent increase assumptions your putting your capital at significant risk. I unfortunately wasn't experienced enough and trusted the operators that they could mitigate the risks. I feel for everyone in these deals and wish everyone who are in the existing deals going through capital calls good luck.

Verified Investor

11/19/2025

1.00

"Never again"

I invested in Fund 1. So far not one but two capital calls for the same fund. Alot of excuses, calls to representatives don't match what was said on the webinar. Ashcroft blaming everything but themselves and after the first capital call offered investors who contributed access to investing in their new acquistion?!?!? Ending my partnership with them and at this point just hoping to get back what I put in.

JR

Jeff R.

11/19/2025

3.00

"Mixed Results across various deals"

This is a mid-cycle review. I have invested with Ashcroft across three different deals, the first 2 were single-property deals (via my SDIRA) and then I invested in the Value Add Fund III. I was initially attracted to Ashcroft based on the leadership team and the fact that they are vertically integrated, with construction and PM in-house (300+ employees). Frank Roessler (CEO) had more than a decade of experience and knew what he was talking about on webinars, etc. Joe Fairless was a syndication superstar, practically writing the book, as well as having trained many other GPs on how to be a syndicator. I did my DD and decided to invest in a few deals (at the minimum $). All 3 deals have experienced issues, mostly with floating rate debt, but also with plans that fell through or assumptions that did not hold up. Distributions have been off and on for the 2 single-property deals. The newer investment, Value Add Fund III, was started Feb 2023. It has Rate Caps with I/O loans for the first ~5 years. Year-2 CoC projection was 6.3% (Yr 3 @ 7.0%). I've received a total 11% return (across 31-months, so 4+% annualized), and trending to 4.8% in 2025 (the end of Yr 2), with a steep drop in distribution rate this summer. I'm not sure if it's asset mismanagement, faulty underwriting assumptions, or something else, but it's probably not a interest rate problem since it was initiated in Feb 2023 and SOFR has actually dropped by 9% (30 basis points) since then. I don't plan to invest any add'l capital until I see the first 2 deals go full-cycle and the fund stabilizes. The monthly communications are very good, with lots of data on each property, and they've added to the comms over time based on surveys with the LPs asking what we wanted to see. The investor portal regularly gets updates with full financials on every property, which is great.

Verified Investor

11/14/2025

1.00

"100% Loss of Capital and Capital calls on other funds"

Also reporting a 100% loss of capital on a deal (from 2020) and capital calls on other deals including the Ashcroft Value Fund I (Conglomerate of assets). Even though I know this wasn't malicious, it was simply a lack of experience from the operators as they have never experienced downturns. What bothers me the most on the final disposition call is that they did not explain what they would do differently in the future and they simply blamed everything on interest rates/FED etc. The biggest lesson I've learned from these losses is to only invest in deals where they use fixed rate loans. If the cashflow doesn't pencil out with a fixed rate loan and reasonable rent increase assumptions your putting your capital at significant risk. I unfortunately wasn't experienced enough and trusted the operators that they could mitigate the risks. I feel for everyone in these deals and wish everyone who are in the existing deals going through capital calls good luck.

Verified Investor

11/12/2025

1.00

Updated

"100% loss of capital"

My unfortunate update is Ashcroft announced that one of the deals I'm in will be 100% loss of capital for investors. It's obviously disappointing and what's disappointing is that it comes as a real surprise to me because nothing in the monthly reports I've been receiving for 5 years outlined challenges but did not indicate this may be the outcome. I believe that maybe they had hoped they could save the deal but their misleading and pollyannish reporting I think did a real disservice to investors and did not set the right expectations.


Verified Investor

3/13/2025

2.00

Original

"Mixed Results"

I've invested in 3 deals with them. The first one did well as they sold it in 2022 when values were near peak. The other two, however, have had paused distributions for some time now given they used floating rate debt. The operations/property performance has been decent, but the increase in debt service cost they have not been able to overcome. I think/hope they the have the ability to navigate and in the long run and that they can hold on and either sell if/when market improves or potentially refinance. I feel they have done a good job of communicating the status to their investors