Ash Shah
President & CEO
Ash Shah is the President & CEO of IMPEX Capital Group, a Houston-based commercial real estate investment firm. The firm owns and manages over $1.8 Billion in various properties across the US, including ~$800 Million in Houston and Texas, in general.
To date, IMPEX has acquired over 10,000 multifamily units, 1500 units of new Multifamily Development & Built-to-Rent Projects, 600,000 sf of Industrial & Commercial office, and 400,000 square feet of Retail & Mixed Use. Mr. Shah’s schedule of real estate ownership also includes Hotels, Assisted Living with Memory Care, Storage Facility and Land parcel for housing development.
Mr. Shah currently serves as a Co-Sponsor, Key Principal or Equity Owner in over 50 properties. Prior to entering the commercial real estate sector, Ash was the founder and CEO of Impex Global, a Plastic Films, Paper and Packaging products company. After expanding the business into locations all over North America and operations in several international markets, Mr. Shah successfully sold the business to a private equity firm in 2012.
Ash holds an MBA from Thunderbird Business School of International Management, and his company has been ranked in the “Top 100” and “Fastest Growing Company” by Houston Business Journal and Inc. 5000 magazine.
Mr. Shah is also a former “International Entrepreneur of the Year” award recipient from the Indo-American Chamber of Commerce and member of Forbes Financial Council.
David Flores
COO
David V. Flores is a 20 year professional in Commercial Real Estate Business. In his current role as Chief Operating Officer at Impex Capital Group he is involved in asset management, underwriting, acquisitions and capital market for their extensive portfolio. Previously, Mr. Flores held several prominent positions of Vice President and Director at Greystar Real Estate Partners, Nitya Capital, PM Realty and One Real Estate Investment. David has been involved in over $2 billion in transactions. Notable projects include a turnaround portfolio worth $450 million that comprised of 28 properties in four major markets. In a separate r two year period he led the effort in acquiring $800 million in assets (24 properties) in 22 months. He has done single asset purchases to large portfolios and Class A high-rises to Class C turnarounds. He also has vast experience in property management, leasing and hand-on skills with financial analysis and valuation. David’s background is a unique blend of breadth and depth in the multifamily business
Mr. Flores graduated from Texas A&M and then served as a Field Artillery Officer in the U.S. Army. He earned an MBA from the University of Houston and did a study abroad at Monterrey Tec (Monterrey, Mexico), the #1 rated business school in all Latin America. He continues his personal development by completing the Real Estate Executive Seminar at Harvard Business School and is a Senior Fellow at the American Leadership Forum.
Nisha Smith
Director,Investor Relations
Nisha Smith has over 25 years experience, including working in management roles with DoubleTree Hotel and Citibank, where she was a Vice President. During her tenure with Citibank, Nisha helped develop and coordinate their Non Resident Indian (NRI) Business, and handled new business development and servicing of thousands of customer relationships across the Southern States. In 2011, Nisha became a Consultant for Indian Real Estate Market, providing in depth understanding and awareness to NRIs in North America as well as other countries. In this capacity, Nisha developed long-term relationships with clients by preparing investment strategies that helped them diversify and achieve their financial goals.
Her advice and investment guidance has helped thousands of NRIs, who have successfully invested hundreds of millions in Real Estate properties across India with her. Nisha has now redirected her focus on US Real Estate investments and networks to develop business strategies to enhance market penetration, promote sales and attract individual customers to invest in the lucrative US Market. She now works at Impex Capital Group (ICG) to support the investor platform as Director- Investor Relations.
Nisha resides in Houston, TX and maintains extensive relationships with the larger NRI community in the US as well as Real Estate Developers across US & India.