A new Multifamily Executive article examining the efficiencies created by in-house construction divisions features analysis and perspective from Ashcroft Capital CEO Frank Roessler.
Roessler told the magazine that apartment firms sometimes create their own construction teams for the wrong reasons, such as attracting investors or creating new revenue streams.
“Why should you do it then?” Roessler says in the article. “One of the reasons is because you’ll be overseeing your own assets, and you are motivated because you own these assets. Having it in-house, you’ll do a better job innately because you care more. And if you partner with the right people, your construction efforts will become much more streamlined and efficient.”
To read the full article, visit Multifamily Executive.