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Elliott Investment Management L.P. Partners with Robert Wasmund to Launch Ascent Developer Solutions for Premier Single- and Multi-Family Developers

Elliott Investment Management L.P. Partners with Robert Wasmund to Launch Ascent Developer Solutions for Premier Single- and Multi-Family Developers

07/19/24, 4:08 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglos angeles
Industry
lending
real estate
financial services
Type
partnership
Elliott Investment Management L.P. has partnered with Robert Wasmund to launch Ascent Developer Solutions, a relationship-based lender providing customized financing solutions to top-tier real estate developers. The launch is powered by an equity capital commitment from Elliott, intending to support both the build-out of the platform’s operations and the growth of its portfolio-lending capabilities.

Company Info

Company
Ascent Developer Solutions
Location
los angeles, california, united states
Additional Info
Ascent Developer Solutions is a relationship-based lender providing customized financing solutions to top-tier real estate developers, offering short-term, secured loans for the acquisition, renovation and construction of single-family, homebuilder, and multi-family properties.