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.
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Denver, Southern California, Alaska, Arizona, Hawaii, Nevada, Texas, Utah
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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.
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Atlanta, Chicago, Nashville, Philadelphia, St. Louis, Washington DC, Connecticut, Delaware, Massachusetts, Maryland, Maine, Minnesota, New Hampshire, New Jersey, New York, Rhode Island, Virginia, Vermont, Wisconsin
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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.
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Reno, Northern California, Idaho, Montana, Oregon, Washington
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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.
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Reno, Northern California, Colorado, Iowa, Idaho, Kansas, Montana, North Dakota, Nebraska, New Mexico, Oklahoma, Oregon, South Dakota, Washington, Wyoming
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Quentin Tedesco is responsible for identifying real estate acquisition opportunities in Reno, Northern CA, Colorado, Iowa, Idaho, Kansas, Montana, North Dakota, Nebraska, New Mexico, Oklahoma, Oregon, South Dakota, Washington, Wyoming. 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.
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Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee
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Rick Fausset is responsible for identifying real estate acquisition opportunities in Florida, Georgia, North Carolina, South Carolina, Alabama, Mississippi, Louisiana, Arkansas and Tennessee. Since joining FPA as an analyst in 2016, Mr. Fausset has been responsible for sourcing and closing over 1,200 units totaling over $300 million in total capitalization. Before rejoining FPA, Mr. Fausset managed approximately $100 million in real estate and private equity transactions, including both acquisitions and dispositions. He holds dual Bachelor's degrees from the University of San Diego: a Bachelor of Accountancy and a Bachelor of Business Administration with concentrations in Finance and Real Estate.
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Upstate New York, Illinois, Indiana, Kentucky, Michigan, Missouri, Ohio, Pennsylvania, West Virginia
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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.