Ascendant Introduces the Monterey Beach Hotel → Monterey Beach Hotel
News
Our operational expertise is anchored in a broad perspective on lasting global trends, markets, and capital flows.
Apr 8th, 2024
“The Medical Center is a dynamic submarket that has multiple demographic demand drivers, including a growing job market, concentration of world-class medical facilities and research institutions,...
Ascendant Capital Partners and CIP Acquire Multifamily Portfolio → The Elle Collection
Feb 6th, 2024
"Cipriani Residences was designed by Bernardo Fort-Brescia’s Arquitectonica and the interior design firm 1508 London. It will include a private restaurant and speakeasy for residents; a...
Ascendant leads $600mm financing of Cipriani Residences Miami → Cipriani Residences
May 18th, 2022
"We are grateful for the support we have received from our existing investors, Post Road Group and Bain Capital, and welcome Ascendant Capital Partners, who share our vision and are instrumental to...
Ascendant, Bain & Post Road Accelerate Growth of DC Blox → DC BLOX Acquires Network Assets from Light Source Communications and Ascendant Capital Fiber
Jan 10th, 2022
"The acquisition of Monterey Tides, one of the gems of the Monterey community, builds on Ascendant's extensive hospitality sector experience and platform-based approach to acquiring high-potential...
Ascendant Capital Partners and Centerbridge Partners Acquire Monterey Tides Hotel → Hotel Online
Aug 4th, 2021
“Sentral currently manages 10 apartment communities in seven cities, including Los Angeles, Seattle, Denver, Miami, and Austin, Texas…
Denver flexible-living company plans to expand to 'tens of thousands' of apartment units → Denver Business Journal
Dec 24th, 2020
“New debt financing for distressed properties can generate returns of 10% to 12% for lenders, according to Russell Gimelstob, chief executive officer of Ascendant Capital Partners, a Los...
'Loan to Own Guys' Chase 12% Returns in Distressed Real Estate → Bloomberg
Nov 10th, 2020
“In July, investment firms Ascendant Capital Partners and Oaktree Capital Management LP invested $200 million in hotel owner Watermark Lodging Trust Inc. and committed to investing up to $250...
Hotels Hurry to Raise Cash as Federal Aid Could End → The Wall Street Journal
Sep 23rd, 2020
“Mayor Kevin Faulconer announced Wednesday that the Padres Development Team, including partners Tishman Speyer and Ascendant Capital Partners, have won the competitive bidding process to transform...
Padres Development Team wins bid to transform Tailgate Park → CBS
Sep 2nd, 2020
“Daydream, which launched a little over a year ago, operates the downtown Union Denver, as well as six other properties in Seattle, Los Angeles and Austin… currently touts more than $1 billion in...
Denver Hospitality Company Sees Success in Newly Launched Homesharing Program → Colorado Inno
Jul 28th, 2020
"Watermark’s portfolio is comprised of high-quality assets, and we have strong conviction in the company’s future, We are excited to bring our significant hospitality and lodging expertise to...
Two Private Investment Firms Come to Watermark Lodging’s Rescue → CoStar
Mar 5th, 2020
“The Padres and its development partners, Tishman Speyer and Ascendant Capital Partners, are looking to refashion the asphalt area into a commercial office hub featuring a 1.35 million square-foot...
City ready to formalize talks with Padres for sale of Tailgate Park → San Diego Tribune