Shane Fleniken, Director of Acquisitions
Shane Fleniken joined Ashcroft Capital from Stellar Capital Partners, where he was Director of Acquisitions. Prior to Stellar, he was with Respark Residential in Dallas, where he was Senior Vice President of Acquisitions for Multifamily Investments. In that role, he was responsible for establishing and growing the multifamily portfolio throughout the Sunbelt region of the U.S. In the first year of operations, he closed three transactions totaling $169 million and 748 units.
He previously spent 14 years with Berkshire Group in Dallas, rising to the level of Senior Vice President of Acquisitions for Multifamily Investments. In that role, he completed 57 transactions totaling in excess of $2.3 billion and 19,000 units through a combination of portfolio and individual property transactions in the Central, Southwest, and Southeastern region of the U.S. In addition, he was involved in the acquisition of a large volume of debt transactions through the Freddie Mac CME program as well as sourcing development opportunities through joint venture relationships. He was also integral in establishing corporate strategy and investment criteria by identifying opportunities in target markets and throughout the capital stack.
