Ascentris Adds Jeffrey Stonger, Managing Director, to its Senior Management Team
Denver, Colorado (December 3, 2018) – Ascentris, a Denver-based real estate private equity company, announced today the hiring of Jeffrey Stonger to serve as a Managing Director of the company. Mr. Stonger will help lead new strategic growth initiatives for the firm and will also be responsible for acquiring and managing investments across the U.S., with a focus on new opportunities in Texas.
Prior to joining Ascentris, Mr. Stonger was a Managing Director at Amstar, a real estate firm owned by a European-based family office. Mr. Stonger spent ten years with Amstar, serving in multiple roles across both the U.S. and European investment platforms; he was responsible for sourcing and acquisitions, asset management and capital raising. During his tenure, he was also Head of Europe where he was the Portfolio Manager for two commingled funds and responsible for managing and expanding the company’s investment platform in Central and Eastern Europe. Before his role in Europe, Mr. Stonger focused on U.S. investments across multiple property types and chaired the company’s Valuation Committee.
Mr. Stonger graduated cum laude from the University of Southern California with a B.Sc. in Business and Real Estate Finance. Mr. Stonger also graduated from Harvard Business School (PLDA) with a concentration in General Management and Leadership. He previously served four years on the Portfolio Management Committee with the National Council of Real Estate Investment Fiduciaries.
“We are very excited that Jeff has joined us. Adding Jeff’s experience and leadership to the company is another important step in positioning Ascentris for long-term growth and success. Jeff will play a significant role as we continue to expand Ascentris and its business here in the United States,” said Rob Toomey, President of Ascentris.