News & Media
News Updates
Shawn Stafford and That Next Level Foundation Applaud Michigan’s Commitment to Financial Literacy
Southfield, MI – Shawn Stafford, founder of That Next Level Foundation, continues to champion the importance of financial literacy education as a key driver of lifelong success. With the State of Michigan incorporating financial literacy into its high school...
RESSCO announces the hire of a Chief Operating Officer
RESSCO is pleased to announce the addition of Ryan Hufnagel as our new Chief Operating Officer. Ryan strengthens the RESSCO team with his years of management experience in all facets of multifamily property management in several markets. As Vice President at Beztak...
How to sustain your start-up: advice from three entrepreneurs who made it
How to sustain your start-up: advice from three entrepreneurs who made it Two in 3 new businesses fail within 10 years, according to the Bureau of Labor Statistics. Entrepreneurs Shawn Stafford, Nancy Lazkani and Dave Vreeland share their tips for running a successful...
Operator delivers big return to investors
RESSCO SELLS HOOVER SQUARE APARTMENTS Southfield, MI, December 14th, 2018 RESSCO Holdings, the Operator and Sponsor of Hoover Square Apartments in Warren, MI, sold the 342-unit apartment community on November 27th, 2018. Hoover Square (formally Warren...
SPONSOR GENERATES HEALTHY RETURN FOR INVESTORS
RESSCO SELLS UTICA SQUARE APARTMENTS Southfield, MI, March 5th, 2018 – RESSCO, a privately held real estate investment company, based in Southfield, MI. is pleased to announce the sale of Utica Square Apartments located in Roseville, MI. RESSCO Holdings, the managing...
Press Release
The Role of AI in Multifamily Housing Staffing: Insights from Shawn Stafford of RESSCO
FOR IMMEDIATE RELEASE The Role of AI in Multifamily Housing Staffing: Insights from Shawn Stafford of RESSCO Southfield, MI — October 1, 2025 — Artificial Intelligence (AI) is transforming nearly every industry, and multifamily housing is no exception. For owners,...
RESSCO Launches Workforce Housing Investment Fund
RESSCO is pleased to announce the launch of a $100 million value-add multifamily real estate fund. RESSCO Multifamily Fund 1, L.P. (the “Fund”) will focus on the acquisition of value-add, workforce multifamily communities in the Midwest and Southeast United States....
RESSCO sells 7 properties totaling 1,912 apartment units
Operator delivers near 20% IRR on portfolio deal Southfield, MI, June 24th, 2022 – RESSCO Holdings is pleased to announce the successful sale of a 1,912 apartment unit portfolio that included seven locations. The projects sold were: Carriage Hill, Carriage Park,...
RESSCO sells Knoll Ridge Townhomes and Apartments
Operator delivers Double Digit return to investors Southfield, MI, November 30th, 2021 – RESSCO Holdings, the Operator and Sponsor of Knoll Ridge Townhomes and Apartments in Indianapolis, IN, sold the 354-unit community on October 15, 2021. Knoll Ridge (formally...
RESSCO sells Riverview Crossings Apartments
Operator delivers near 20% IRR Southfield, MI, May 16th, 2022 – RESSCO Holdings, operator and sponsor of the Riverview Crossings Apartments in Riverview, MI, is pleased to announce the sale of the 300-unit community on April 27, 2022. Despite an ownership period...