Ascension, a commercial real estate advisor, has launched. The founders are Mike James of James Capital Advisors and Chelsea Mandel. The company has offices in New York City, Los Angeles, and Phoenix.
PRESS RELEASE
NEW YORK, New York, April 21, 2022 (GLOBE NEWSWIRE) — Mike James of James Capital Advisors and Chelsea Mandel have partnered to launch Ascension, a contemporary commercial real estate advisory firm providing turnkey corporate real estate advisory services to financial sponsors and business owners internationally. The partnership shares a vision to elevate corporate real estate efficiency, strategy, access, and insight for its clients and establish the gold standard of real estate advisory firms on a global scale. In a move to double-down on the corporate real estate space, James Capital Advisors and its existing team and infrastructure will transition into Ascension alongside the launch of the new firm.
Acting as the real estate extension of its clients’ teams, Ascension provides Sale Leaseback Advisory, Tenant Lease Structuring, Capital Markets, and Market Data and Research services, spanning both owned and leased corporate real estate assets. The company, with offices in New York, Los Angeles, and Phoenix, represents clients ranging from small business owners, to large, multinational, private equity-owned businesses throughout the United States, Canada, Mexico, and Europe.
James, as Co-Founder and Chief Executive Officer, oversees growth and corporate strategy while guiding the company’s vision, culture, and commitment to excellence. “No firm has demonstrated a mastery of the sale leaseback and corporate real estate advisory space globally like we are about to,” James said, adding “the name Ascension represents our promise to set a higher standard for the real estate advisory industry and to elevate our clients’ corporate real estate strategies.”
Mandel is Ascension’s Co-Founder and Managing Director, working both as an advisor to her private equity and financial sponsor clients and also leading the firm’s team of 40 advisors on all sale leaseback transactions and corporate real estate advisory assignments. “We’re investing in our people, our platform, and our technologies to provide the best-in-class service for our clients which will translate to a superior experience and achieve optimal results,” Mandel said. “We are rebranding a traditionally very sleepy industry.”
For James and Mandel, significant investment in the company’s best-in-class tech stack will play an integral part in Ascension’s competitive edge. The company’s proprietary customer relationship management platform and advanced operational systems deliver an unrivalled experience, boosting consistent and efficient borderless service.
About Ascension
Ascension is a corporate real estate advisory firm created to accelerate the pace of progress and achieve a higher standard of real estate advisory services. With offices in New York City, Los Angeles, and Phoenix, the firm is comprised of more than 60 advisors and dedicated staff whose collective goal is to elevate corporate real estate efficiency, strategy, access, and insight for financial sponsors and business owners, globally. The company’s core offerings include Sale Leaseback Advisory, Tenant Lease Structuring, Capital Markets, and Market Data and Research services, providing a full suite of corporate real estate services and acting as the real estate extension of its clients’ teams.
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