NEW YORK, New York, April 21, 2022 (World NEWSWIRE) — Mike James of James Capital Advisors and Chelsea Mandel have partnered to start Ascension, a modern industrial serious estate advisory organization delivering turnkey company serious estate advisory products and services to financial sponsors and business homeowners internationally. The partnership shares a vision to elevate company actual estate effectiveness, strategy, obtain, and perception for its consumers and create the gold conventional of authentic estate advisory firms on a world scale. In a shift to double-down on the company genuine estate house, James Funds Advisors and its existing team and infrastructure, will changeover into Ascension together with the start of the new agency.
Performing as the authentic estate extension of its clients’ teams, Ascension offers Sale Leaseback Advisory, Tenant Lease Structuring, Funds Marketplaces, and Current market Facts and Research expert services, spanning both owned and leased corporate genuine estate assets. The business, with workplaces in New York, Los Angeles, and Phoenix, signifies clientele ranging from small business house owners, to large, multinational, personal equity-owned enterprises during the United States, Canada, Mexico, and Europe.
James, as Co-Founder and Chief Govt Officer, oversees growth and corporate technique when guiding the company’s vision, culture, and motivation to excellence. “No agency has demonstrated a mastery of the sale leaseback and company actual estate advisory room globally like we are about to,” James claimed, incorporating “the name Ascension signifies our assure to set a bigger standard for the true estate advisory field and to elevate our clients’ corporate authentic estate procedures.”
Mandel is Ascension’s Co-Founder and Taking care of Director, doing the job the two as an advisor to her personal fairness and fiscal sponsor clients and also primary the firm’s staff of 40 advisors on all sale leaseback transactions and company real estate advisory assignments. “We’re investing in our men and women our system, and our systems to present the very best-in-class assistance for our shoppers which will translate to a excellent working experience and realize best outcomes,” Mandel reported. “We are rebranding a usually really sleepy business.”
For James and Mandel, substantial expense in the company’s finest-in-course tech stack will enjoy an integral aspect in Ascension’s competitive edge. The company’s proprietary customer romance management system and innovative operational devices supply an unrivalled experience, boosting steady and effective borderless service.
Ascension is a corporate authentic estate advisory company produced to speed up the speed of development and reach a better regular of actual estate advisory companies. With places of work in New York Metropolis, Los Angeles, and Phoenix, the agency is comprised of more than 60 advisors and committed personnel whose collective goal is to elevate corporate real estate effectiveness, method, entry, and perception for financial sponsors and business house owners, globally. The company’s core choices contain Sale Leaseback Advisory, Tenant Lease Structuring, Cash Markets, and Marketplace Knowledge and Study services, offering a comprehensive suite of corporate authentic estate providers and performing as the serious estate extension of its clients’ groups.
About Mike James
Mike began his career at Marcus & Millichap, a publicly traded industrial real estate brokerage, where by he rapidly advanced to the place of Senior Controlling Director. Alongside with his success arrived numerous recognitions: starting to be a top-30 agent in his 1st a few decades with the corporation, a best-10 agent within five yrs and getting named a Top rated-4 Expenditure Broker in the U.S. by Genuine Estate Discussion board and True Cash Analytics for four consecutive several years. In 2018, Mike launched James Capital Advisors, a industrial authentic estate brokerage and advisory business with a target on collaboration, know-how, and innovation, a combination that fueled speedy advancement. Mike and James Capital Advisors received several awards and recognitions which includes Ability Broker and Top rated Product sales Firm awards by CoStar in 2019, 2020 and 2021, Most Powerful Brokerage Business by Commercial Property Executive in 2021 and Most effective Manager in CRE by GlobeSt in 2019 and 2021. In addition to founding and main the company, Mike discovered tremendous accomplishment as a broker and company genuine estate advisor, symbolizing a broad spectrum of firms and fiscal sponsors on hundreds of sale leasebacks and company real estate advisory assignments.
About Chelsea Mandel
In much less than a decade, Chelsea has accomplished achievements in the sale leaseback and company serious estate advisory marketplace. A graduate of Dartmouth Faculty, Chelsea started her career in the true estate acquisitions crew at Starwood Money Group, speedily flourishing and attaining skills in authentic estate underwriting and deal negotiations. Chelsea was then recruited to join New York City-based New Mountain Funds to support construct out the firm’s new sale leaseback system. Chelsea closed $450 million in acquisitions at New Mountain and acquired invaluable sale leaseback and credit score underwriting practical experience. In 2019 she pivoted from principal investing to an advisory role at STREAM Money Companions in New York City, exactly where she completed practically a billion pounds in sale leaseback transactions on behalf of middle-sector enterprises, generally alongside mergers and acquisitions. A resourceful thinker with an anything at all-is-doable way of thinking, Mandel was prosperous in groundbreaking different imaginative structuring answers for her consumers. Most notably, she was an innovator in bringing middle-market place sale leaseback opportunities to distant marketplaces throughout Europe, she was profitable in structuring accretive sale leaseback transactions for providers emerging from bankruptcy, and she created special structuring procedures that enabled her clientele to fund 100% of their business acquisitions with proceeds from sale leaseback transactions.
- CHELSEA MANDEL
- MIKE JAMES