Scott Asner and Michael Gortenburg Celebrate Record Success for Kansas City Investment Firm Eighteen Capital Group

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Real estate-focused private equity firm Eighteen Capital Group (18CG) celebrates a company record for the number of housing units made available under their care to families across the nation. Surpassing 7,000 units, Founding Principals Scott Asner and Michael Gortenburg note the milestone as a sign of continued strength and growth for the Kansas City firm.

Eighteen Capital Group Scott Asner, Michael Gortenburg Kansas City

The continued expansion of our property assets is a sign that Eighteen Capital Group is making smart investments for our firm’s capital partners and clients, and we look forward to even better numbers in the future.

Kansas City real estate investment firm Eighteen Capital Group (18CG) is pleased to announce that the company has officially surpassed its target of more than 7,000 housing units offered to families across the United States.

The number serves as a milestone for the Kansas City firm, which specializes in the acquisition, transformation and management of multifamily properties.

Celebrating the impressive benchmark and company record, 18CG executives feel that the climbing number of total housing units under their care reflects the firm’s steady development as well as their continued optimism for its future success.

“We are very pleased to see our communities grow and develop at such a rapid rate,” said Founding Principal Scott Asner. “The continued expansion of our property assets is a sign that Eighteen Capital Group is making smart investments for our firm’s capital partners and clients, and we look forward to even better numbers in the future.”

Founding Principal Michael Gortenburg added, “While our upward momentum is certainly great news for 18CG’s business partners, it’s also a benefit for the rising number of families under the care of our high-quality management services. We take great pride in our ability to provide the best for our tenants and stand ready to meet their needs.”

Headquartered in the Kansas City area, Eighteen Capital Group invests in multifamily homes in 22 markets across 15 states.

About Scott Asner
Scott Asner is a longstanding Kansas City, MO investment manager and Founding Principal of Eighteen Capital Group (18CG). Earning his bachelor’s degree in economics at the University of Pennsylvania and his law degree at Stanford University, Scott practiced law for two decades before turning to the investment management sphere. 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.

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