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Development Boom in the Dallas Multifamily Market

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Frank Roessler leveraged over 10 years of experience in asset management to start his own multimillion-dollar real estate investment firm, Ashcroft Capital, LLC. A former asset manager for M&A Real Estate Partners, Frank Roessler, oversees Ashcroft Capital’s $375 million portfolio, which includes units in target property markets throughout the country, including Dallas’ lucrative multifamily housing market.

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Development Boom in the Dallas Multifamily Market

  1. 1. Development Boom in the Dallas Multifamily Market FRANK ROESSLER
  2. 2. Introduction Frank Roessler leveraged over 10 years of experience in asset management to start his own multimillion-dollar real estate investment firm, Ashcroft Capital, LLC. A former asset manager for M&A Real Estate Partners, Frank Roessler, oversees Ashcroft Capital’s $375 million portfolio, which includes units in target property markets throughout the country, including Dallas’ lucrative multifamily housing market. Since 2017, Dallas’ booming manufacturing sector has helped add nearly 125,000 jobs. As a result, the city has welcomed 100,000 new residents in the past 12 months. The influx of job seekers has increased the demand for multifamily units, and developers are responding to the need by building a record number of multifamily projects: 27,000 units will be finished by the end of the year. Dallas now ranks among the top property markets in the United States, alongside Los Angeles and Chicago. The market is strong for properties in all class types, and the trend is expected to continue for the next 18 months.

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