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Ashok Kumar, a
resident of Houston since 1998, is married and
has three children. In 1978, while studying at
The University of Regina in Canada, he began
buying apartment properties. After graduating in
1978 he concentrated full time on a career in
real estate brokerage and investment. As a
broker in Canada, he specialized in the sale of
apartment properties.
Mr. Kumar became
successful in his field by carefully analyzing
each property, buying under market value,
improving the properties to increase occupancy
levels and the selling them for a substantial
profit based upon a proven income stream.
In addition to his
brokerage activities, Mr. Kumar started a
property management company to oversee his
properties and those of selected clients. The
management assets consisted of multi-family and
commercial properties in three provinces. In a
period of eight years, twelve properties were
purchased which were later sold as a portfolio
when moving to the United States.
Before moving his
operations to the United States, however, Mr.
Kumar researched several metropolitan areas
including Los Angeles, Dallas and Raleigh, NC.
He chose Houston because his research indicated
that property values in the Houston market had
the best potential for large value increase.
Anticipating a large return on his investments,
in 1998 Mr. Kumar sold his Canadian properties
and moved his family to the United States to
continue the acquisition of apartment properties
in the greater Houston area.
In association with
David Hetherington and one other partner, he
formed HK Capital, LLC which has acquired
several projects around the greater Houston
area. HK Capital, LLC intends to continue
aggressive acquisitions of multi-family
projects. [ Top ]
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