Ascent Developer Solutions
Ascent Developer Solutions is a private lending and institutional debt platform headquartered in Encino, California. Founded in 2024, it provides short-term acquisition, renovation, construction, and bridge financing for single-family, homebuilder, multifamily, and manufactured housing projects nationwide.
Ascent Developer Solutions’s Lending Activity
Data Provided By Elementix12mo Loan Volume
$16,321,602,217
12mo Loan Count
783
Total Loan Volume
$18,890,591,272
Average Loan Size
$15,222,072
Loan Count by State (Past 12 Months)
NC: 99, CA: 324, TX: 55, FL: 82, AZ: 100, WA: 55, GA: 40, SC: 21, IN: 2, NV: 5
Company Quick Facts
- Year Established: 2024
- Headquarters: Encino, California
- Founder: Robert Wasmund
- Company Type: Private lender and institutional debt platform
- Capital Source: Launched with an equity capital commitment from funds managed by Elliott Investment Management L.P.
- Lending Purpose: Commercial, business-purpose real estate financing
- Loan Types: Acquisition, renovation, construction, and post-completion bridge loans
- Property Types: Single-family, homebuilder, multifamily, mixed-use, short-term rental, and manufactured housing assets
- Homebuilder Projects: Build-for-sale and build-to-rent developments
- Multifamily Projects: For-rent and for-sale assets, including mixed-use properties
- Geographic Focus: Major U.S. markets
- Primary Customers: Real estate developers and investors
- Platform Features: In-house construction servicing and valuation capabilities, supported by proprietary software and data products
Office Locations
15821 Ventura Blvd, Suite 200, Encino, CA 91436
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