Elliott Investment Management Backs Launch of CRE Private Lending Platform
Robert Wasmund and funds managed by Elliott Investment Management L.P. have partnered to launch Ascent Developer Solutions (AscentDS)
Based in Los Angeles, AscentDS will offer short-term, secured loans for acquisition, renovation and construction of single-family, homebuilder and multifamily properties, along with post-completion bridge financing. The company features an in-house construction servicing and valuation team.
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