Editor's Note: In our continuing look at area businesses, today in the Tuesday Times piece we look at Ashford Capital Partners.Matthew Riedemann founded Ashford Capital Partners Inc. after more than 17 years in the real estate industry. Ashford Capital Partners Inc. is a metro Atlanta-based real estate company that invests in low risk, high return, development-grade real estate assets in the Southeastern United States while emphasizing within Georgia.
Riedemann has more than 17 years in the real estate industry, providing the experience necessary to successfully identify strategically-placed, undervalued lots and tracts of land that can be acquired and resold for profit by Ashford’s private investor network. Riedemann has been involved with more than $250 million in real estate transactions with approximately $150 million in land transactions in the last six years. The projected length of Ashford’s deals range from 1 to 5 years. The variables in determining the projected deal length depend upon the scope, surrounding growth patterns, market conditions, available utilities, and zoning.
The goal of Ashford is always to maximize the investors' return on investment while creating a synergistic relationship within the communities it serves. Ashford aims to build long-term relationships with investors by offering a preferred annual rate of return plus profit sharing. Ashford Capital represents an ideal investment vehicle for investors because of limited downside risk that is typically associated with stocks, bonds, or other equity investments.
GOATLANTA: Given the tough economy right now, how can individual’s best invest their money?
ASHFORD CAPITAL PARTNERS: Given the tough economy right now, Ashford believes that it is more imperative than ever for investors to evaluate their entire portfolio to ensure that each dollar is working overtime and is achieving the highest possible return for the investor while minimizing the overall risk. Where can individual’s best invest their money? There are several areas of the economy that have taken hits from the recent economic downturn, but perhaps not more than the real estate industry. Real estate in 2009 is the new “Gold Rush”. Now is the best time that many have seen in generations to acquire high quality real estate assets for very significant discounts. Many of the future generations’ wealth will be created thru real estate that will be acquired in this downturn. It is very important that you investigate any potential acquisitions thoroughly to ensure that the asset(s) is what you expect it to be.
GA: For business owners looking to expand or open a business, what are some good areas of investment?
ACP: With the soft real estate market (both sales and leases) - business owners looking to expand their business haven’t had a better time in decades to negotiate great terms on buying or leasing their present or new space or building. Take advantage of this. You may want or need additional space for your business in a year or two, but the time to secure that building or space is over the next six to 12 months.
Other areas of investment that will pay dividends in the long run are the systems that run your business. Take the time now to streamline and invest in your business systems that make your business unique and run profitably. Make sure that you capitalize on all the incentives that are available to you now as they won’t be “On Sale” forever.
GA: Do you expect the proposed stimulus package to help investors? If so, how will it assist?
ACP: The stimulus package should help investors in multiple ways. One of the most important ways that the stimulus package will help investors is with the new Financial Stability Plan that was released and is still a work in progress from the Treasury Department. This should help to ease the banks liquidity crises and get the dollars flowing again. From the increased transparency and disclosure that the banks will be required to have (those that take funds from the Treasury) to the Public/Private Investment Fund that will be set up ($500 million – $1 billion) Ashford believes that lending should see a substantial increase in the coming quarters.
GA: Where do you see Ashford Capital a year from now?
ACP: Ashford will have positioned itself to benefit from the present market conditions – remarkable conditions that have not been seen by the present generation and will have acquired tens of millions of significant institutional grade real estate assets through thru its strategic partnerships with its private investor network. The portfolio will be a mixture of short, medium, and long term plays.
For further information on Ashford Capital Partners Inc., contact Matthew Riedemann - founder, president, & managing partner at (678) 881-0830 Office (678) 231-4579 Cell Matt@AshfordCP.com. The company is located at 125 TownPark Drive, Suite 300, Kennesaw, Ga. 30144.
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