Scaling your firm can be problematic for business owners. If you scale too fast, any number of problems can arise and the solutions for those issues can often be difficult to identify and put into action. On the contrary, scaling too slow, can deter investors. Lone Star Capital quickly identified this looming problem and set […]
This article was originally published on Fort Worth Inc. By Mike Ballard Multifamily owners and developers are familiar with the substantial upfront costs of building, renovating and upgrading properties, especially when it comes to energy-efficient units. Although it tends to be an expensive endeavor, eco-friendly units not only provide long-term sustainability and benefits to the […]
By Mike Ballard Outsourced operations have continued to gain traction in the multifamily industry as new technology and providers emerge. Many find themselves questioning if this is a quick fix or the dawn of a new industry-altering work model. Such practices may not fit perfectly into every business, but its versatility throughout a range of […]
By Mike Ballard I recently visited Atlanta, Georgia to moderate a panel at the 6th Annual Middle-Market Multifamily Forum Southeast on the pros and cons of starting your own management company. I was joined on the panel by ACRE CEO Melanie Gersper, ILM Capital and WE Communities CFO Mark Moore and Providence Investments CEO John […]
By Mike Ballard When kicking off your career as a new investor, owner or operator, most people tend to start within the single-family sector before making the jump into the multifamily and commercial industry. Whether you are catering to portfolio growth or just acquiring knowledge of the trade, single-family units often serve as a starting […]
By Mike Ballard When is the last time you visited a movie rental store? It’s likely been more than 10 years. I remember going to Blockbuster with my family when my children were little to pick out our Saturday night movies. The kids always cared more about the snacks than picking the movies! My kids […]
Ascent Multifamily Breaks Into Top 500 in 2020 Inc. 5000 Fastest Growing Private Companies Las Vegas firm ranks No. 374 with a growth rate of 1,218 percent Inc. magazine announced today that Las Vegas-based firm Ascent Multifamily is No. 374 on its annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies. […]
One of my favorite films is the Brad Pitt movie Moneyball, because it serves as a wonderful case study to showcase that, if a leader wants, he can look at challenges as opportunities and come up with unconventional solutions. It shows how an open-minded leader with limited budget valued the importance of data to assemble […]
“If you build it, they will come.” Made famous in the renowned motion picture “Field of Dreams,” this iconic phrase depicts an admirable work ethic that is applicable to life beyond the screen. Field of Dreams, which celebrates its 25th anniversary this year, is certainly an entertaining movie for baseball aficionados, but it also offers a […]
The government’s rules give more leeway to funds and businesses looking to invest in distressed areas nationwide. The government released its long-awaited and latest set of Opportunity Zone regulations Wednesday, hoping to provide investors who have been on the fence with the clarity needed to begin developing projects in distressed areas nationwide. Under the law, […]
