Firm News and Updates

 Updates and announcements related to Ascentris, including firm developments, investment activity, and other relevant information.

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May 23, 2023
2023-05-23

Ascentris, Lowe Property Group to Redevelop The Residences at Sugar Alley in Salt Lake City’s Sugar House Neighborhood.

Ascentris and Lowe Property Group formed a joint venture to recapitalize and redevelop The Residences at Sugar Alley, a 193-unit multifamily project in Salt Lake City.

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May 18, 2023
2023-05-18

Stephanie Bullington, CPA, CFA Joins Ascentris as Chief Financial Officer

Ascentris appointed Stephanie Bullington, CPA, CFA as Chief Financial Officer to oversee financial operations and strategic planning.

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May 17, 2023
2023-05-17

Ascentris Receives $200M Commitment Targeting the U.S. Value-Add Property Markets

Ascentris received an additional $200 million commitment from the Oregon Public Employees Retirement Fund to support U.S. real estate investments.

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April 19, 2023
2023-04-19

Kairoi Residential and Ascentris Announce the Acquisition of Galatyn Station in Richardson, Texas

Kairoi Residential and Ascentris acquired Galatyn Station, a 285-unit luxury multifamily community located in Richardson, Texas.

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September 19, 2022
2022-09-19

Sterling Bay and Ascentris Break Ground on New Multifamily Development in Fulton Market

Sterling Bay secured construction financing for 225 N Elizabeth, a 350-unit multifamily tower in Chicago’s Fulton Market developed with Ascentris.

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July 11, 2022
2022-07-11

Industry Veteran, Anthony Breault, Joins Ascentris’ Senior Management Team

Ascentris hired Anthony Breault as Managing Director to support portfolio management and institutional client oversight.

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February 9, 2022
2022-02-09

ASCENTRIS AND GRUBB VENTURES EXPAND JOINT VENTURE TO ACQUIRE REMAINDER OF GLENWOOD PLACE MIXED-USE COMMUNITY IN RALEIGH, NC

Ascentris expanded its partnership with Grubb Ventures through the acquisition of Glenwood Place Phase II, a 175,000-square-foot office portfolio in Raleigh, North Carolina.

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January 7, 2022
2022-01-07

Ascentris and Harbor Sell Suburban San Diego Office Property, The Pinnacle

Ascentris and Harbor Associates sold The Pinnacle, a 110,000-square-foot Class A office property in San Diego’s Rancho Bernardo submarket.

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