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Ashland Greene Announces Ashland Greene at Valley Ranch Investment Opportunity
Lucrative opportunity, with potential value add estimated at $39 million. Ashland Greene, recently cited as one of the fastest-growing multifamily investment firms in Texas, is proud to announce its latest deal – Ashland Greene at Valley Ranch, a class A-, 267 unit, off-market property in the Dallas-Fort Worth (DFW) metroplex. Featuring diverse 1, 2 & 3 bedroom floor plan options, along with the advantage of 86 percent of units having private garages, this property provides a distinct competitive edge, enhancing its ability to attract and retain a high-quality tenant community. Ashland Greene secured this asset at nearly a 10% discount on its December 2022 market price. Debt is an agency loan (Freddie Mac) with a fixed 6.25% interest rate, safeguarding investors from future rate increases. “Given the current economic climate, some may think it’s time to pull back, maybe even pause on making deals, but we’ve been strategic in our process, thoughtful about where we invest and the types of assets we acquire. We only buy in Dallas-Fort Worth, so all our assets are within a 45-minute drive of our office. We see this as an opportune time to buy, as long as you remain disciplined and strategic about your approach,” said Shakti C’Ganti, founder
DMagazine Why Leaders Should be Optimistic About DFW’s Multifamily Market
Ashland Greene Founder & CEO in D Magazine! Shakti C’Ganti shares the 3 factors he feels will buoy DFW’s multifamily sector during uncertain economic times. Read his insights in D Magazine
Ashland Greene Closes on Value-Add Fund VI Multi Property Deal
Ashland Greene, the Dallas-based multifamily real estate investment firm that is rapidly and robustly making its mark in the sector, has confirmed the closing of its Value-Add Fund VI Deal, consisting of two properties with a combined investment value of approximately $92 million, including projected capital expenditures. This increases the current portfolio to more than 5,300 units across 19 properties. Ashland Greene has sold six properties since December 2021, delivering an actualized average annual return of 28 percent. With today’s volatile economic climate, driven by inflation and subsequent increases in interest rates by the Federal Reserve, Ashland Greene secured government-backed liquidity with fixed-rate financing for both properties. This move ensures rate increases will not jeopardize the investment. “We’re holding fast to investment fundamentals, making smart purchases, and managing expenses,” said Shakti C’Ganti, founder and CEO of the firm, which was ranked this month at No.145 on the Inc. 5000 list. “Our mission is two-fold, regardless of the economic climate – continue to deliver solid returns to our investors and offer exceptional housing to hardworking individuals and families across the metroplex. As long as we stay focused and work smart, we’ll continue to deliver on that mission.” Ashland Greene’s latest closing comprises two properties, Village on the Green in Dallas (rebranded
Dallas Business Journal Names Ashland Greene to 2023 Best Places to Work List
We are thrilled to announce that Ashland Greene has been selected as one of the Dallas Business Journal’s prestigious 2023 Best Places to Work award recipients! This achievement reflects our commitment to fostering an inclusive, innovative, and vibrant work environment for our team. A huge thank you to every member of the Ashland Greene family for your dedication and enthusiasm. Here are Dallas-Fort Worth’s Best Places to Work | 2023 top workplaces – Dallas Business Journal (bizjournals.com)
CEO & Founder C’Ganti Featured In The Real Deal
𝐓𝐡𝐞 𝐑𝐞𝐚𝐥 𝐃𝐞𝐚𝐥! 𝐀𝐬𝐡𝐥𝐚𝐧𝐝 𝐆𝐫𝐞𝐞𝐧𝐞 𝐂𝐄𝐎 & 𝐅𝐨𝐮𝐧𝐝𝐞𝐫, 𝐂’𝐆𝐚𝐧𝐭𝐢 𝐓𝐚𝐥𝐤𝐬 𝐆𝐫𝐨𝐰𝐭𝐡 & 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 Ashland Greene, one of Texas’ fastest-growing multifamily firms, continues to make waves in the Sun Belt’s dynamic real estate landscape! Featured in The Real Deal article by Joe Lovinger, CEO & Founder Shakti C’Ganti, shares insights into seizing opportunities amidst challenges. Discover the driving forces behind Ashland Greene’s remarkable growth and read about the exciting future ahead. Ashland Greene CEO Sees Opportunity in DFW Multifamily (therealdeal.com)
Ashland Greene Ranks No. 145 on the 2023 Inc. 5000
With Three-Year Revenue Growth of 1000+ Percent, Ashland Greene Ranks No. 145 Among America’s Fastest-Growing Private Companies NEW YORK, August 15, 2023 – Inc. magazine has named Dallas-based real estate firm, Ashland Greene, as No. 145 on its esteemed annual Inc. 5000 list. This annual list is a notable recognition of the fastest-growing independent businesses in the nation, underscoring the vitality and success within this segment of the American economy. Ashland Greene, with its stellar three-year revenue growth of 3,617 percent, joins the ranks of past honorees that include powerhouse brands such as Microsoft, Zappos, and Under Armour. The Inc. 5000 list gives national recognition to businesses achieving significant growth. Shakti C’Ganti, Ashland Greene’s Founder and CEO, remarked, “We are incredibly honored to rank amongst the country’s most dynamic and high-growth businesses. This recognition is a testament to our dedicated team, loyal investors, and the vibrant communities we serve. Our local focus and commitment to sustainable value creation have allowed us to deliver significant returns, and we look forward to building on this momentum.” The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable
