Thomas Shelton

Tom is responsible for overseeing the operations and new business efforts for the multi-family division. Celebrating nearly 40 years as a recognized industry leader, Tom has held executive positions with a select number of the country’s premiere multi-family owners and operators. Prior to his current role, Tom was the owner of Shelton Residential, a company that joined the Asset portfolio in 2020, expanding its Southwest footprint by 17,000 units. As a Principal of Asset Living, Tom continues to lead the operations, performance, and expansion of the combined firms throughout major markets in the West and Southwest. By expertly leveraging and refining the best practices of their combined companies, Tom ensures that current and potential clients receive best-in-class service that results in improved performance.

Previously, Tom served as the Chairman of the Board of both the Arizona Multihousing Association and the National Apartment Association, as well as a board member of the California Apartment Association. He is an active member of the National Multi-Family Housing Council and the Institute of Real Estate Management, from which he holds a CPM designation. In addition, he has his brokers licenses in both Arizona and California. Tom received a Bachelor’s degree from Arizona State University.

Away from the office, Tom and his family enjoy their home in the mountains of northern Arizona, golfing, five active grandsons, and corralling their two maniac Yorkies, Ricky and Lucy.