Russell Gimelstob
Chief Executive Officer

Prior to founding Ascendant Capital Partners, Russell Gimelstob was Head of Acquisitions, Partner, Managing Director and Member of the Investment Committee of Dune Real Estate Partners, a manager of real estate private equity funds. Russell sits on the board of Watermark Lodging Trust.

Alexander Halpern
Founding Managing Partner and Head of Hospitality

Alex Halpern, Founding Managing Partner and Head of Hospitality, is responsible for the oversight of the Firm’s investment activities, as well as the management of the Firm’s hospitality investments. Alex sits on the board of Watermark Lodging Trust and BHI Residential (Daydream Apartments).

Colby Cyburt

Colby Cyburt joined Ascendant Capital Partners as an associate soon after the Firm’s founding. Mr. Cyburt is responsible for underwriting the Firm’s acquisition activities, as well as assisting in the asset management of existing investments.

Prior to joining Ascendant Capital Partners, Mr. Cyburt worked as an Associate at Eastdil Secured, a real estate investment banking firm.

Mr. Cyburt joined Eastdil Secured in 2016 and worked in the Company’s Santa Monica headquarters. While at Eastdil Secured, he was actively involved in the underwriting and investment sale processes, with closed transactions in excess of $60 billion of total sales volume comprised of over 620 million square feet of real estate. These transactions included various asset classes including industrial, office, retail, hospitality, and multifamily investments across North American and European countries. Most notably, Mr. Cyburt was actively involved in the $19 billion sale of Global Logistics Properties, $14 billion sale of Logicor, $8 billion sale of Gramercy Property Trust, $6 billion sale of Colony Industrial, $4 billion sale of IDI Logistics, and $4 billion sale of Industrial Property Trust.

Prior to joining Eastdil Secured, Mr. Cyburt was awarded an athletic scholarship at the University of California, Los Angeles (UCLA) where he received a B.A. and graduated with academic honors. Mr. Cyburt was a four-year scholar athlete on one of the highest ranking division one collegiate football teams in the United States. During his college career, Mr. Cyburt’s experiences included internships at Oppenheimer & Co. Private Wealth Management Group and the real estate private equity firm of Laurus Corporation.