Ashcroft Capital Marks Major Growth with Halston Waterleigh
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Ashcroft Capital Expands Its Portfolio with New Acquisition
Ashcroft Capital, a dynamic multifamily investment firm, is excited to announce its latest acquisition of Halston Waterleigh, a stunning garden-style community in a vibrant metropolitan area. This strategic purchase marks a significant milestone for Ashcroft, as it represents their 11th property in Florida.
Overview of Halston Waterleigh
Halston Waterleigh, also known previously as Braxton Waterleigh, features 354 modern apartment homes that cater to a diverse range of residents. Constructed in 2021, this community is a testament to Ashcroft's commitment to providing high-quality living spaces. This property is also notable as Ashcroft's first multifamily community in Winter Garden and its fifth in the greater Orlando area.
Community and Amenities
The community boasts a suite of amenities designed to enhance resident comfort and enjoyment. Among the highlights are a heated saltwater pool, a well-equipped fitness center, an outdoor kitchen perfect for gatherings, and convenient EV charging stations. Each home offers spacious designs with one, two, and three-bedroom options, featuring attractive finishes such as stainless steel appliances and granite countertops.
Insights from Leadership
“We feel fortunate to acquire Halston Waterleigh at a dazzling quality and at a time when such opportunities are becoming rare,” stated Frank Roessler, the founder and CEO of Ashcroft Capital. His confidence in the Orlando market is backed by a strategic vision that sees Winter Garden as one of the most promising suburbs within the rapidly growing region.
The Vision for Winter Garden
Winter Garden has emerged as the fastest-growing area within Orlando, and Ashcroft Capital aims to capitalize on this growth. Scott Lebenhart, Chief Investment Officer, echoed this sentiment by sharing that residents will enjoy the advantages of top-rated schools and various amenities nearby, framing Halston Waterleigh as the perfect blend of comfort and modern living.
Strategic Location and Connectivity
Positioned strategically, Halston Waterleigh is conveniently located near popular routes and entertainment hubs, including the renowned Walt Disney World, just moments away. The community offers significant connectivity to the broader Orlando area, making it an ideal choice for residents looking to balance work and leisure.
Future Prospects and Expansion Plans
Ashcroft Capital has a well-defined strategy in place for continued growth throughout the Sun Belt region, with existing communities across Florida, Texas, Georgia, and North Carolina. Their focus remains on seeking out premium multifamily properties that offer potential for value-add enhancements and sustained financial returns.
About Ashcroft Capital
Founded in 2015, Ashcroft Capital has quickly established itself as a key player in the multifamily investment space, managing an expansive portfolio that currently exceeds 14,000 units, valued at approximately $2.7 billion. The firm is committed to providing superior living conditions and optimizes each asset to enhance value for both residents and investors.
About Birchstone Residential
Birchstone Residential, the property management arm of Ashcroft Capital, plays a vital role in ensuring high standards of service across their managed communities. With a mission focused on maximizing resident satisfaction, Birchstone enhances the living experience by implementing services that are responsive to the needs of each community.
Frequently Asked Questions
What is Halston Waterleigh?
Halston Waterleigh is a luxury apartment community acquired by Ashcroft Capital, featuring a range of amenities and modern living spaces.
How many properties does Ashcroft Capital own?
Ashcroft Capital manages a portfolio that includes over 14,000 apartment homes across several states, including Florida and beyond.
What amenities does Halston Waterleigh offer?
The community includes a heated saltwater pool, fitness center, outdoor kitchen, EV charging stations, and more, catering to a resort-like lifestyle.
Who manages Halston Waterleigh?
Birchstone Residential, the internal property management company of Ashcroft Capital, oversees community management and resident services.
What are the future plans for Ashcroft Capital?
Ashcroft is actively seeking additional acquisition opportunities in the Sun Belt region to further expand its foothold in multifamily properties.
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