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Creating Value in Today’s Value-Add Properties

August 30, 2021

Vista 121 Newly Renovated Resident Center

As Ashcroft Capital CEO Frank Roessler notes in his new Multifamily Insiders blog, “just because apartment companies frequently undertake value-add projects, it doesn’t mean success in these endeavors is easy. On the contrary, a value-add community that attracts residents and produces the targeted returns is the end product of an almost never-ending amount of diligent research and careful strategic planning.”

Roessler goes on to outline his essential steps for success in value-add projects. The steps include digging into submarket data, visiting properties you’re considering buying and understanding there is no “one-size-fits-all” renovation that will create value in every apartment community.

To read his full blog, visit Multifamily Insiders.