AST Development rebrands itself as AST to fully integrate expanded services and capabilities
AST Development, a New Jersey-based real estate development and finance company, announces that it has been rebranded as AST. The rebranding marks the next phase in the company’s evolution as a leader in creating and enhancing value across asset classes and locations, creating unique opportunities for positive change at long term in local communities. Along with the new brand identity, AST also launched a new website to further demonstrate its full range of in-house real estate capabilities.
As AST, the company will align its development and value addition capabilities with its two subsidiaries – AST Financial and AST Realty – to create a truly fully integrated development, finance and real estate platform.
“For more than 35 years, we have been guided by an unwavering commitment to bringing transformative development projects to local communities,” said Robert J. D’Anton, Founder and President of AST. “While developing and acquiring commercial real estate for our own portfolio will always be at the core of our work, our continued diversification has enabled us to better leverage our experience to help our partners succeed as well. Thanks to our new identity, we are now able to consolidate all of our services under one banner and better capitalize on value creation opportunities in an increasingly complex commercial real estate market.
Powered by its independent ownership, AST’s development arm leverages a “builder-first” approach to capitalize on opportunistic development and acquisition opportunities in the Northeastern and Southeastern United States. United. In the more than three decades since its inception, AST has generated more than $1 billion in development and investment activity across multiple asset classes. Additionally, AST’s experience and success working with municipalities and community leaders provides unparalleled expertise in collaboratively designing and delivering projects that stand the test of time and reflect the needs of the local community. .
Aiming to capitalize on its knowledge of the development process and the complex financing needs of today’s builder community, AST launched AST Financial in 2015. AST Financial is a fully integrated lending platform that extends construction financing and relay, as well as preferred stock, through lender capital programs designed by builders for builders. Since its inception, AST Financial has provided financing valued at over $250 million to help builders bring their projects to life.
Together with AST Financial, AST Realty is a unique residential brokerage model that provides the builder community with comprehensive, industry-leading brokerage services designed to add value every step of the way. AST Realty leverages AST’s deep development and financing expertise to meet market speed and demands through on-the-ground presence in its target markets, access to creative financing solutions , value engineering services and tailored marketing campaigns.
“Our expertise in development, finance and real estate has allowed us to serve as a trusted real estate partner for some of the region’s most successful transformational projects,” said Shane Soranno, principal at AST. “We look forward to building on our success as we enter this exciting new phase of our business growth. »
To learn more about AST, please visit its new website at www.ast-re.com.
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