The Reserve at Pensacola
2702 Massachusetts Avenue, Pensacola, Florida 32505
- Units
- 86
- Asset type
- Garden-style multifamily
- Status
- Long-term hold
The Ashford Group is a private family office that acquires and holds commercial real estate in New York City and in major metropolitan markets throughout the United States.
We invest our own capital, underwrite in-house, and hold for the long term. We welcome direct submissions from brokers and owners.
View our acquisition criteria →We are a private investment office acquiring real estate for our own account. There is no fund to raise, no investment committee to satisfy, and no syndication to assemble after a property goes under contract.
That structure is the reason we can move quickly. When we tell a broker we can close, the capital is already committed.
We apply the same process to every acquisition, from initial review through closing. The stages below reflect how we typically transact.
Send a rent roll and trailing twelve months of operating statements. You get a yes, a no, or a price range back within two business days.
Price, deposit, diligence period, and closing date stated plainly. No financing contingency.
Thirty to sixty days for inspection, lease audit, and title.
Thirty to forty-five days from the end of diligence, at the price on the contract.
Send it directly. We review every submission from a broker or an owner and respond ourselves.
Direct acquisitions in Manhattan and prime Brooklyn.
Manhattan and prime Brooklyn.
$5,000,000 and above.
Office, mixed-use, and multifamily.
Stabilized assets and value-add business plans both work for us. We are comfortable with deferred maintenance, below-market rents, vacancy, and assets that need management replaced. We do not pursue ground-up development.
Acquisitions are funded from the family office balance sheet. We will assume existing debt where the terms warrant it, and we will structure as an entity purchase where that is cleaner for the seller.
A current rent roll, trailing twelve months of operating statements, and a unit mix or stacking plan. That is enough for a first-round answer.
Garden-style multifamily in major metropolitan markets nationwide.
Metropolitan statistical areas across the United States with a population of at least 100,000.
$10,000,000 and above.
Multifamily — garden-style apartment communities.
85 units and above.
$1,000 per unit minimum.
Acquisitions are funded from the family office balance sheet. We will assume existing debt where the terms warrant it, and we will structure as an entity purchase where that is cleaner for the seller.
A current rent roll, trailing twelve months of operating statements, and a unit mix. That is enough for a first-round answer.
Submit a property to info@theashfordgroup.co or call (646) 397-1840.
2702 Massachusetts Avenue, Pensacola, Florida 32505
6901 East Broadway Boulevard, Tucson, Arizona 85710
5525 SW 41st Street, Pembroke Park, Florida 33023
Last updated: September 1, 2026
This policy explains what information The Ashford Group Holdings Inc. collects through theashfordgroup.co and what we do with it. It is short because we collect very little.
If you complete the contact form or email us, we receive the information you choose to provide — typically your name, firm, email address, telephone number, and whatever you write about a property. We use it to respond to your inquiry and to evaluate transactions. We do not sell it, rent it, or share it for anyone else's marketing.
Our website is hosted by Wix. Wix's servers automatically log standard technical information, including IP address, browser type, and pages requested, as part of operating and securing the site. That data is handled under Wix's own privacy practices.
We do not use Google Analytics, advertising pixels, or other third-party advertising or profiling tools on this site. We do not build advertising profiles, and we do not track visitors across other websites for marketing purposes.
Our contact form is protected by Google reCAPTCHA, which distinguishes human visitors from automated submissions. To do this, reCAPTCHA collects hardware and software information from your device — including your IP address — and sends it to Google for analysis. This use is subject to the Google Privacy Policy and Google Terms of Service. We use reCAPTCHA solely to keep the form usable and do not receive the information it collects.
We do not set our own cookies for advertising or analytics. Wix may set cookies that are strictly necessary for the site to function and remain secure, and Google reCAPTCHA may set cookies in connection with the spam protection described above. You can refuse or delete cookies through your browser settings, though parts of the site may then not work as intended.
We rely on Wix for hosting and form delivery, on Google for reCAPTCHA spam protection, and on our email provider for correspondence. These providers process information on our behalf. We do not otherwise disclose your information except where required by law, or to our professional advisors in connection with a transaction.
We keep inquiries for as long as they are relevant to an ongoing or potential transaction, and afterward as needed for our business records.
Write to us at the address below to ask what we hold about you, to correct it, or to ask us to delete it. Most browsers also let you refuse cookies through their settings.
This site is directed to real estate professionals and is not intended for anyone under 18. We do not knowingly collect information from children.
If we change this policy we will post the revised version here with a new date.
The Ashford Group Holdings Inc.
424 Madison Avenue, Suite 501
New York, New York 10017
info@theashfordgroup.co · (646) 397-1840
Last updated: September 1, 2026
By using theashfordgroup.co you agree to these terms. If you do not agree, please do not use the site.
Everything on this site is provided for general informational purposes. Nothing here is an offer to sell or a solicitation of an offer to buy any security or interest in any investment, and nothing here is investment, legal, tax, or accounting advice. Acquisition criteria describe what we generally look for; they are not a commitment to transact on any terms.
Submitting a property or corresponding with us does not create a brokerage, agency, fiduciary, or confidential relationship, and does not entitle any party to a commission or fee absent a separate written agreement signed by us.
Do not send confidential or proprietary material through this site. Material you send that is not covered by a signed confidentiality agreement is treated as non-confidential. You represent that you have the right to send what you send.
We try to keep the site current, but we make no warranty that it is accurate or complete, and we may change it at any time without notice.
The content, design, and marks on this site belong to The Ashford Group Holdings Inc. and may not be reproduced without permission.
We are not responsible for the content or practices of sites we link to.
To the fullest extent permitted by law, The Ashford Group Holdings Inc. is not liable for any indirect, incidental, or consequential damages arising from your use of this site.
These terms are governed by the laws of the State of New York, and the state and federal courts sitting in New York County have exclusive jurisdiction over any dispute.
info@theashfordgroup.co
Last updated: September 1, 2026
The Ashford Group Holdings Inc. is committed to making theashfordgroup.co usable by as many people as possible, including visitors with disabilities.
We aim to conform to the Web Content Accessibility Guidelines (WCAG) 2.1 at Level AA. In building this site we have worked toward sufficient color contrast, keyboard operability, meaningful text alternatives for images, and a clear, consistent structure.
Accessibility is not a one-time exercise. We review the site periodically and address issues as we find them.
If you encounter a barrier on this site, or need information from it in a different format, please contact us and we will work with you to provide what you need.
info@theashfordgroup.co · (646) 397-1840
424 Madison Avenue, Suite 501, New York, New York 10017
Last updated: September 1, 2026
The Ashford Group Holdings Inc. supports and complies with the federal Fair Housing Act and with all applicable state and local fair housing laws in the jurisdictions where we own and operate property.
We do not discriminate, and we do not permit those acting on our behalf to discriminate, in the sale, rental, financing, or advertising of housing, or in the provision of services or facilities in connection with housing.
Under federal law this includes discrimination on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, familial status, and disability.
In New York, applicable law extends protection further — including on the basis of creed, age, marital or partnership status, military status, immigration or citizenship status, lawful source of income (including housing vouchers and other public assistance), lawful occupation, and status as a victim of domestic violence, sexual offenses, or stalking. Many other states, counties, and municipalities in which we invest extend protections further still.
We comply with the broadest protections applicable at any given property. The lists above are not exhaustive.
We make reasonable accommodations in rules, policies, practices, and services, and permit reasonable modifications, where necessary to afford a person with a disability equal opportunity to use and enjoy a dwelling. If you need an accommodation, please contact us using the details below.
If you believe you have experienced housing discrimination in connection with a property we own, we want to hear about it directly. You may also contact the U.S. Department of Housing and Urban Development, the New York State Division of Human Rights, the New York City Commission on Human Rights, or the state or local fair housing agency for the jurisdiction in which the property is located.
The Ashford Group Holdings Inc.
424 Madison Avenue, Suite 501
New York, New York 10017
info@theashfordgroup.co · (646) 397-1840