JUNE 8, 2021
ASB Promotes Franzetti to Managing Director, Bohman to Senior VP, Hunter and Commette Named VPs
WASHINGTON, DC – ASB Real Estate Investments (ASB) today announced a series of promotions including a new managing director and senior vice president and two vice presidents:
- Nicolás Franzetti, a 16-year ASB veteran who joined the firm as a summer intern, has been named Managing Director. He oversees a 4.7 million-square-foot portfolio of properties in the U.S. South and Midwest, and is responsible for all transaction activity in these regions, having closed on billions of dollars of acquisitions, dispositions and financings over his career.
- David Bohman, who joined ASB as an Analyst in 2011, has been promoted to Senior Vice President in the Capital Investments Group. Since joining ASB, Bohman has completed acquisitions and dispositions totaling $3.6 billion and executed 95 lease transactions totaling 2.3 million square feet.
Robert Bellinger, President and CEO, said: “Nick’s promotion not only recognizes his accomplishments but also his role as an important senior leader of the firm. Likewise, David has been an integral team member on many key transactions, but most importantly, he is a mentor to team members, guiding them in their professional development.”
- Tatiana Commette, who joined ASB as the company’s Controller in 2017, was named Vice President. She is responsible for all accounting related to the Allegiance Real Estate Fund, ASB’s flagship $7.4 billion core investment vehicle.
- Michel Hunter was named Vice President, Director of Data Analytics. He joined ASB in 2018 and has been instrumental in upgrading the company’s database infrastructure to state-of the-art, using best practices in data warehousing, mitigating risk in new system implementations, and initiating new business processes in data management to support portfolio management analysis and further ASB’s mission of delivering exceptional risk-adjusted returns to investors.
In other promotions:
- Alex Hermance was named Senior Associate for Capital Investments. Since joining ASB as an associate in 2018, he has been instrumental in deal underwriting and asset management activities. In 2020 alone, he helped underwrite more than $1 billion in potential transactions.
- Chelsea Widerlite was promoted to Senior Analyst. Widerlite is an investment analyst and asset manager, focusing on ASB investments in the Northeast. She is an active member of the company’s Diversity, Equity, and Inclusion Committee and has made important contributions to enhancing tenant credit analysis procedures. She joined ASB in 2019 from Stifel where she was a banking analyst.
- Theresa Nelson was promoted to Client Services Associate. She manages the process for responding to RFPs, RFIs and investor questionnaires, supporting the company’s marketing efforts. She joined ASB in 2016.
About ASB Real Estate Investments
ASB Real Estate Investments (ASB), a division of ASB Capital Management, LLC, is a leading U.S. real estate investment management firm with more than $7.8 billion in gross assets under management for over 325 institutional clients. Headquartered in Washington DC, ASB invests in major U.S. markets, concentrating in office, multifamily, retail, industrial and self-storage properties and employs core, value add and development strategies for its clients.
*as of March 31, 2021
The information provided in the release does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities.