In 1983, Mr. Stroud moved to Northern California to assist Partin/Bennett Land Development in raising investment capitol for real estate partnerships, acquiring undeveloped land in the Western United States. In 1985, he formed Bayside Land and Development Co., to focus on the development of land in Northern California.
Mr. Stroud began acquiring the first of many properties in West Sacramento in 1987 with the purchase of the land that would become Bridgeway Island in the Southport area. With the formation of ASB Properties, construction began on the site in 1997 and, in just three years, nearly 1,600 homes were sold in what was the first major new community to be built in the city in over 20 years.
Mr. Stroud has served as president of the West Sacramento Chamber of Commerce, on the Mayor’s Blue Ribbon Task Force for Education and is a founder of the Rising Tide Foundation of West Sacramento, a non-profit entity to assist those in need in the community.
With decades of experience in creating new communities, Frank Andrews, Jr. and David Stroud combined their knowledge, resources and substantial land holdings to form ASB Properties in 1995.