Profile

As a vertically integrated real estate platform, Ascendant is led by a managing partnership comprised of CEO Russell Gimelstob, Co-President & CIO Alex Halpern, and Co-President & COO Eric Calder, which has collectively acquired and developed more than $20 billion of real estate assets. Founded on the basis of creating a more investor-friendly and specialized format of real estate investing, the firm has built a team of sector-level specialists across its three operating verticals, and relies on continuous, cross-pollenating dialogue with its limited partners.

Russell Gimelstob
Founder and 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 previously represented Ascendant on the board of Watermark Lodging Trust.

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Alex Halpern
Co-Founder, Co-President, and Chief Investment Officer

Alex Halpern is responsible for the oversight of Ascendant's investment activities, as well as the day-to-day management of the platform's hospitality, and select residential investments. Alex represented Ascendant on the board of Watermark Lodging Trust, is an active board member of Sentral, and is a board observer of DC Blox.

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Eric Calder
Partner, Co-President, and Chief Operating Officer

Prior to joining Ascendant Capital Partners, Eric Calder was the Co-Chief Investment Officer of Dune Real Estate Partners, a New York City-based real estate investment firm. At Dune, he was a member of the firm’s Investment Committee and led over $6 billion in transactions across the residential, retail, industrial, office and hospitality sectors.

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Ascendant has put together a world-class team of diverse individuals, each with an impressive background and knowledge base. Through close collaboration, we are able to continue to expand our services into new markets and locations across the globe.

Zach Gallin

Chief of Staff, Investor Relations

Zachary Gallin serves as the leadership team's Chief of Staff, with a primary focus on capital raising and team development.

Dajana Cvijanovic

Executive Assistant

Thomas Finan
Vice President of Operations and Asset Management

Thomas Finan, Vice President of Operations and Asset Management, is responsible for helping lead hospitality operations and business-plan execution across Ascendant's growing portfolio of owned hotels.

Prior to joining Ascendant Capital Partners, Thomas was a Vice President at Ashford, Inc. the external advisor to Ashford Hospitality Trust and Braemar Hotels and Resorts.

Thomas joined Ashford in 2018 and was responsible for optimizing performance for a portfolio of full service and luxury hotels totaling over 1,600 keys. In his time at Ashford, Thomas participated in acquisitions, rebranding and repositioning of hotels, and portfolio-wide projects to drive additional value. Additionally, he also led a team of junior asset managers responsible for an additional 50 assets with over 11,000 total keys.

Prior to joining Ashford, Thomas held multiple positions at Avondale Partners from 2009-2018, a boutique investment bank based in Nashville focused on healthcare. His most recent role at Avondale focused on M&A and Capital Markets, where he completed over 20 M&A and capital raising transactions.

Thomas earned a B.S.B.A. from Saint Louis University, with a double major in Accounting and Finance.