Ascent Residential is a leader in multifamily real estate investment, property management, and community development, with over 25 years of experience in the market. Founded in 1993, the company operates primarily in the Southeastern United States and Texas, focusing on both primary and secondary markets. With a diverse portfolio of more than 8,500 units spread across 29 properties, Ascent Residential has established a significant presence in the commercial real estate sector, boasting a market value of over $1 billion and facilitating transactions worth $4.4 billion since the year 2000.
What sets Ascent Residential apart is its commitment to excellence in property management, leveraging cutting-edge technology to enhance operational efficiency and maximize asset value. The company's team is composed of experienced professionals who have a deep understanding of local markets, enabling them to identify promising investment opportunities and effectively manage acquired properties, especially those that are underperforming.
Ascent Residential is not solely focused on profit. The company embodies a mission of social responsibility, illustrated through its relationship with the nonprofit organization 100X Development. This initiative aims to bring sustainable change to communities worldwide through education, healthcare, and anti-hunger efforts.
The company's hands-on management style, combined with a robust network of industry relationships and access to a wealth of investment opportunities, positions Ascent Residential as a formidable player in the market. Whether it involves repositioning mismanaged properties or engaging in strategic dispositions, Ascent Residential is dedicated to achieving high returns for its investors while contributing positively to the communities they serve.
