Acquisitions
Our Acquisition Process
FPA acquisition officers across the US identify and negotiate purchase opportunities that align with our investment strategy. We manage due diligence, legal, financing, asset management, and construction processes, supported by senior management.
Our thorough due diligence processes and ability to close deals expeditiously help us secure opportunities across the nation.
Rhode Island, Pennsylvania (Philadelphia), Delaware, Connecticut, Florida, Georgia, Illinois (Chicago), Maryland, Massachusetts, Missouri, New Jersey, New York, North Carolina, South Carolina, Virginia, West Virginia, Washington DC
Ronak Shah is responsible for identifying real estate acquisition opportunities. Prior to joining FPA, Mr. Shah was Director of Acquisitions for Texla Housing Partner where he focused on sourcing student housing investment opportunities. Mr. Shah also served as an Asset Manager for CNC Investments and an Analyst for Campus Living Villages where he performed financial analysis, market research, due diligence, prepared budgets and supervised large capital expenditure projects. Mr. Shah graduated from the University of Texas at Austin with a B.A. in Economics.
Southern Nevada, Alaska, Arizona, Colorado, Hawaii, Southern California, Texas, Utah
Since joining FPA, Mr. McDonough has been responsible for sourcing and closing over 40 transactions totaling $1.7 billion. Prior, Mr. McDonough was a Captain in the U.S. Army where he served 3 tours in Iraq as an infantry officer. Mr. McDonough graduated from the University of California at Los Angeles with a B.A. in Economics and received his MBA from the Kellogg School of Management at Northwestern University with majors in Finance, Accounting and Real Estate Management.
Idaho, Montana, Nevada (Reno), Northern California, Oregon, Washington, Wyoming
Dana is responsible for sourcing and identifying assets. Since 2011, he has been responsible for closing over 10,000 units totaling over $1.3 billion in total capitalization and resulting in over $1.4 billion in dispositions to date. Prior to joining FPA in 2007, Mr. Aschbacher co-founded Aschbacher & Frager Commercial Real Estate, a boutique brokerage firm specializing in sales of mid-market multifamily assets and syndications. Mr. Aschbacher began his career as multifamily broker with CB Richard Ellis | CBRE in the Portland, Oregon office and received his B.S. in Finance from the University of Oregon.
South Dakota, New York (Upstate), Illinois, Iowa, Indiana, Kansas, Michigan, Minnesota, Nebraska, North Dakota, Ohio, Pennsylvania, Wisconsin
Quentin Tedesco is responsible for identifying real estate acquisition opportunities in South Dakota, New York (Upstate), Illinois, Iowa, Indiana, Kansas, Michigan, Minnesota, Nebraska, North Dakota, Ohio, Pennsylvania and Wisconsin. Mr. Tedesco joined FPA in 2018 as an analyst assisting in underwriting acquisitions, securing financing, due diligence and asset management. Mr. Tedesco received his Bachelor of Arts in Political Science with a focus in Economics from the University of Michigan.
Alabama, Kentucky, Louisiana, Mississippi, New Mexico, Oklahoma, Tennessee
Chris Gentry is responsible for identifying real estate acquisition opportunities. Prior to joining FPA, Mr. Gentry was a Director of Multifamily Investment Sales for Berkadia, where he was responsible for overseeing and expanding the investment sales platform throughout Kentucky. Mr. Gentry has been involved in the sale of over 6,000 units totaling nearly $450 million in transaction volume since 2015. Mr. Gentry graduated from the University of Kentucky with a B.A. in Business Management.