Schelton Attends 2019 Five Star Conference

Invited by the Five Star Institute, Schelton Assoumou, New York based real estate developer and investor, Managing Director of Brownstone NYC (“BNYC”), attended the ‘’2019 Five Star Conference ‘’ held in Dallas, Texas from September 23 to 25.

The 2019 conference was attended by more than 2,000 Real Estate professionals from across the US.

Brownstone NYC’s multifaceted profile caught the eyes and aroused organizers’ interest for this year’s conference branded ‘The year of the deal”.

With his vast experience in leveraged Finance, investment banking, private equity, entrepreneurship, real estate development and investing, Schelton was able to contribute significantly to the conference that covered topics such as:

  • Single family rental and investment round table
  • Foreclosure and REO round table
  • Property Management lab
  • American Mortgage diversity lab
  • Women in housing leadership
  • Servicing and compliance lab

Brownstone NYC, a vertically integrated Real Estate Venture, specializes in the acquisition, renovation and sale of under-performing multi-family residential and mixed-use properties in emerging markets, primarily in Brooklyn, Queens, Bronx and Westchester County and offers investors a unique opportunity to selectively participate in the New York distressed real estate market.  BNYC’s clients gain access to off-market deals at bargain prices that are traditionally only available to sophisticated real estate insiders (bank owned foreclosures, tax sales, non-performing liens, estate sales, probates, etc.)

The conference was also an opportunity for Schelton to take part in several breakout sessions with industry generals, integrate industry networking groups and discuss new trends in Real Estate, modular homes, affordable housing, property preservation and other housing related topics.