HomeLeadersBusinessOklahoma City Real Estate Development Firm Launches $60 Million Inaugural Fund

Oklahoma City Real Estate Development Firm Launches $60 Million Inaugural Fund

Ashton Gray launched the healthcare-centric real estate fund featuring 22 properties in three states. 

The Oklahoma City real estate development firm Ashton Gray recently announced the launch of the Ashton Gray Income Fund, a $60 million healthcare-centric real estate fund.

The fund features 22 income-focused properties across Oklahoma, Texas and Tennessee. The healthcare-designed real estate is geared to physicians looking to have significant ownership in the real estate they occupy.

The new AGIF should have longevity and cash-flow of in place leases, tenant quality and diversification, long-term asset appreciation, recession resistant industry focus, fixed-rate financing and regulatory agnostic investment performance, according to Ashton Grace representatives. 

“The commencement of the first Ashton Gray Income Fund represents a profound evolution in our company and in expanding the impact of our real estate portfolio,” said Denver Green, Ashton Gray CEO. “In terms of real estate development and investment services, Ashton Gray’s philosophy is to provide a partnership-based relationship with physician tenants that will ultimately strengthen the portfolio for our partners and investors. Our goal is to let the tenants and physicians serve their patients and we handle the rest.”

Leadership at the firm said they anticipate making additional tranches of the Ashton Gray Income Fund available to select accredited investors in 2023.

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