Kansas City Investors Scott Asner & Michael Gortenburg Celebrate Success of Eighteen Capital Group
Scott Asner and Michael Gortenburg - Kansas City investors and Founding Principals of private equity firm Eighteen Capital Group (18CG) - are celebrating the continued success of the company's real estate communities through 2020. The company has expanded its list of multi-family apartment communities to include property locations in 11 states across the U.S.
KANSAS CITY, Mo., Oct. 8, 2020 /PRNewswire-PRWeb/ -- Scott Asner and Michael Gortenburg of Kansas City are marking the continued success of Eighteen Capital Group (18CG), the Kansas City-based private equity firm focused on multi-family real estate properties.
Even throughout unprecedented challenges presented by a global pandemic, Scott Asner and Michael Gortenburg note that the company has continued to perform well – and is now offering more than 7,000 units to families across the nation in 11 states and 24 cities, including:
- Kansas City, Missouri
- Kansas City, Kansas
- Houston, San Antonio, Austin, Galveston, and Baytown, Texas
- Oklahoma City, Oklahoma
- Little Rock, and Pine Bluff, Arkansas
- Memphis, Tennessee
- Greensboro, North Carolina
- Columbia, and Florence, South Carolina
- Smyrna, Georgia
- Indianapolis, Indiana
- Kalamazoo, Michigan
- And more
"We could not be happier with the success that Eighteen Capital Group has seen over the course of the year," said Scott Asner, Founding Principal of 18CG. "Our continued growth during these hard times is a testament to the incredible men and women we have the pleasure of working with every day, in Kansas City and beyond."
"Knowing that we can perform well even as we face a global pandemic, we are optimistic about our prospects moving into the fourth quarter, and we cannot wait to see what next year has in store," added Michael Gortenburg.
Headquartered in Kansas City, Eighteen Capital Group employees more than 500 professionals and operates 33 top-quality apartment communities across the United States. The company specializes in acquiring multi-family apartment communities in expanding housing markets and managing them for optimal residential experience and investment return.
About Scott Asner
Scott Asner is a longstanding Kansas City, MO investment manager and Founding Principal of Eighteen Capital Group (18CG). Having earned his bachelor's degree in economics at the University of Pennsylvania and his law degree from Stanford University, Scott practiced law for two decades before turning to the investment management profession. As a Principal of 18CG, Scott specializes in diverse real estate investments and leads a core team of 25 employees from 18CG's corporate headquarters in Leawood, Kansas. Scott oversees the private equity-financed acquisition of properties nationwide –more than 7,000 apartment units at 33 properties in 15 states. He is a long-term holder of most of these properties. For more information about Scott Asner, please visit http://www.scottasner.com.
About Michael Gortenburg
Michael Gortenburg is a Founding Principal of Eighteen Capital Group (18CG) and owner of more than 100 investment entities–a diverse portfolio focusing primarily on multifamily housing units. In addition to overseeing all corporate and individual property functions for 18CG, Michael is involved in a number of other operational businesses, such as digital media and software companies. For more information about Michael Gortenburg, please visit http://www.michaelgortenburg.com.
SOURCE Eighteen Capital Group
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