Home I ASB Real Estate
ASB executes an innovative, tenant-centric strategy, investing in high-demand markets across the United States.
We believe successful real estate investment management requires an equal focus on physical assets and the people who live and work in these spaces. For more than three decades, we applied our significant expertise in deal sourcing, asset management, development, re-development, and finance – combined with our dedicated tenant-centric approach.
"Since our founding in 1983, our steadfast mission has been to generate superior risk-adjusted investment performance for our investors through a disciplined investment strategy that leverages our deep understanding of real estate markets and tenant preferences."
Tenant-Centric Investing
We focus on where tenants want to be — in assets with the right attributes at the right locations. That’s tenant-centric investing. That’s what we do at ASB.
Please take a moment to watch our video below about “Tenant-Centric Investing” at ASB.
ASB Key Company Stats*
$7.5
BILLION ASSETS UNDER MANAGEMENT
86
CURRENT
ASSETS
28
DYNAMIC MAJOR MARKETS
310+
INSTITUTIONAL
CLIENTS
*as of June 30, 2024
ASB’S DIFFERENTIATORS
Performance Comes First
Our investment professionals are guided by the firm’s steadfast fiduciary mission to generate superior risk-adjusted investment performance for our institutional clients and their beneficiaries.
Extensive Market Expertise
Our teams identify investment opportunities in high-demand U.S. markets, seeking assets which can generate income growth and above-inflation long-term appreciation.
Tenant-Centric Investing
Our investment methodology is driven by understanding and anticipating the motivations and requirements of tenants. We focus on assets with specific competitive advantages that can meet the dynamic and changing needs of tenants.
ASB’S DIFFERENTIATORS
Accountability and Continuity
ASB’s investment team is responsible and held accountable for asset performance results through its entire holding period from acquisition, strategic planning, asset management, and leasing to eventual disposition.
No Competing Mandates
We manage a limited number of real estate investment products with clear, compelling strategies and no competing mandates.
Committed to the Community
We are dedicated to making the places we invest in better – actively seeking opportunities to generate positive social and environmental impacts, and committed to sustainability initiatives.
Our Mission and Core Values
Our steadfast mission is to generate superior risk-adjusted investment performance for our investors so that their beneficiaries and retirees can secure life-long financial independence and peace of mind.
Perseverance
Our people have the passion, resilience, and determination to achieve long-term excellence.
Focus
Our people strive to prioritize their responsibilities and maintain their clarity of purpose to accomplish our mission.
Accountability
We take responsibility for our actions and hold ourselves accountable for our results.
Empathy
We are committed to our people and their professional and personal development and engaging all voices to unearth creative solutions that will drive performance.
Social Responsibility
We are committed to making a positive, impactful change to improve the communities we serve.
Self-Storage Case Studies
Self-Storage Case Study Properties
We strategically invested in self-storage as a recession-resistant asset class. Our portfolio of modern self-storage properties have strong visibility and are located in dense submarkets with limited competition.
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View Other ASB Case Study Properties
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The particular investments identified and described on this website do not represent all of the investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of its successors or affiliates. The reader should not assume an investment in the assets identified was or will be profitable. There can be no assurance that other investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of their successors or affiliates or officers, employees or directors will have characteristics or results similar to those identified on this website. A complete list of investments is available upon request.
The information made available to you through this website does not constitute an offer to provide investment advisory services or an offer to sell or a solicitation of an offer to purchase interests in any fund sponsored or advised by ASB Capital Management, LLC, or any of its successors or affiliates. Any such offer or solicitation for interests in a fund sponsored or advised by ASB Capital Management, LLC or any of their successors or affiliates will be made only through a private offering pursuant to a confidential offering memorandum and related subscription documents. This website does not purport to be all-inclusive and does not contain all material information that a prospective investor may desire when contemplating making an investment.
Careers 2
ASB has built success around talented, hard-working individuals who collaborate to gain a broad and integrated understanding of real estate disciplines to deliver attractive risk-adjusted returns.
Our team members gain full-spectrum expertise in underwriting, acquisitions, dispositions, asset management, leasing, valuations, budgeting, business planning, and strategy formulation. We encourage a culture of collaboration, and all members of our team engage in offering their points of view on major decisions in an extremely inclusive management process. ASB promotes diversity and equality within all facets of our organization and fosters an environment that recognizes employees’ unique skillsets and ensures that all employees have an equal opportunity to grow and advance.
What’s more, all of ASB’s professionals receive competitive compensation packages and are offered upside based on performance.
View Our Current Job Postings
Welcome to our job portal. Here, you may apply for open positions or submit your resume to our resume bank.
Our Mission & Core Values
Our steadfast mission is to generate outstanding risk-adjusted investment performance for our investors so that their beneficiaries and retirees can secure life-long financial independence and peace of mind.
Perseverance
Our people have the passion, resilience, and determination to achieve long-term excellence.
Focus
Our people strive to prioritize their responsibilities and maintain their clarity of purpose to accomplish our mission.
Accountability
We take responsibility for our actions and hold ourselves accountable for our results.
Empathy
We are committed to our people and their professional and personal development and engaging all voices to unearth creative solutions that will drive performance.
Social Responsibility
We are committed to making a positive, impactful change to improve the community we serve.
Multifamily Case Studies
Multifamily Case Study Properties
Quality multifamily assets in desirable locations with easy access to employment hubs or meeting other tenant demand requirements.
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View Other ASB Case Study Properties
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The particular investments identified and described on this website do not represent all of the investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of its successors or affiliates. The reader should not assume an investment in the assets identified was or will be profitable. There can be no assurance that other investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of their successors or affiliates or officers, employees or directors will have characteristics or results similar to those identified on this website. A complete list of investments is available upon request.
The information made available to you through this website does not constitute an offer to provide investment advisory services or an offer to sell or a solicitation of an offer to purchase interests in any fund sponsored or advised by ASB Capital Management, LLC, or any of its successors or affiliates. Any such offer or solicitation for interests in a fund sponsored or advised by ASB Capital Management, LLC or any of their successors or affiliates will be made only through a private offering pursuant to a confidential offering memorandum and related subscription documents. This website does not purport to be all-inclusive and does not contain all material information that a prospective investor may desire when contemplating making an investment.
Industrial Case Studies
Industrial Case Study Properties
We invest in industrial assets that are attractive to logistics, distribution, and technology-oriented tenants.
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View Other ASB Case Study Properties
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The particular investments identified and described on this website do not represent all of the investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of its successors or affiliates. The reader should not assume an investment in the assets identified was or will be profitable. There can be no assurance that other investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of their successors or affiliates or officers, employees or directors will have characteristics or results similar to those identified on this website. A complete list of investments is available upon request.
The information made available to you through this website does not constitute an offer to provide investment advisory services or an offer to sell or a solicitation of an offer to purchase interests in any fund sponsored or advised by ASB Capital Management, LLC, or any of its successors or affiliates. Any such offer or solicitation for interests in a fund sponsored or advised by ASB Capital Management, LLC or any of their successors or affiliates will be made only through a private offering pursuant to a confidential offering memorandum and related subscription documents. This website does not purport to be all-inclusive and does not contain all material information that a prospective investor may desire when contemplating making an investment.
Retail Case Studies
Retail Case Study Properties
From New York to Beverly Hills, our retail portfolio comprises investments in the nation’s most iconic urban markets that cater to national and global brands.
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View Other ASB Case Study Properties
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The particular investments identified and described on this website do not represent all of the investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of its successors or affiliates. The reader should not assume an investment in the assets identified was or will be profitable. There can be no assurance that other investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of their successors or affiliates or officers, employees or directors will have characteristics or results similar to those identified on this website. A complete list of investments is available upon request.
The information made available to you through this website does not constitute an offer to provide investment advisory services or an offer to sell or a solicitation of an offer to purchase interests in any fund sponsored or advised by ASB Capital Management, LLC, or any of its successors or affiliates. Any such offer or solicitation for interests in a fund sponsored or advised by ASB Capital Management, LLC or any of their successors or affiliates will be made only through a private offering pursuant to a confidential offering memorandum and related subscription documents. This website does not purport to be all-inclusive and does not contain all material information that a prospective investor may desire when contemplating making an investment.
Office Case Studies
Office Case Study Properties
We invest in high-quality, 21st-century tenant-centric office assets that facilitate creativity and collaboration in high-barrer urban markets.
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View Other ASB Case Study Properties
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The particular investments identified and described on this website do not represent all of the investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of its successors or affiliates. The reader should not assume an investment in the assets identified was or will be profitable. There can be no assurance that other investments purchased, sold, advised by or recommended by ASB Capital Management, LLC, or any of their successors or affiliates or officers, employees or directors will have characteristics or results similar to those identified on this website. A complete list of investments is available upon request.
The information made available to you through this website does not constitute an offer to provide investment advisory services or an offer to sell or a solicitation of an offer to purchase interests in any fund sponsored or advised by ASB Capital Management, LLC, or any of its successors or affiliates. Any such offer or solicitation for interests in a fund sponsored or advised by ASB Capital Management, LLC or any of their successors or affiliates will be made only through a private offering pursuant to a confidential offering memorandum and related subscription documents. This website does not purport to be all-inclusive and does not contain all material information that a prospective investor may desire when contemplating making an investment.
Senior Leadership
ASB’s core senior leadership has worked closely together for more than 15 years. The firm has enjoyed two decades of stable ownership by a private, well-capitalized parent that supports ASB’s independence and focus.
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See Important Disclosures regarding professional designations held by ASB employees.
Investments
Tenant-Centric Analysis in Portfolio Construction
When evaluating investments, the tenant perspective is central to ASB’s investment thesis and analysis. Across all real estate sectors, paradigm shifts have altered the way we live, work, and shop. The investment team at ASB seeks to identify outstanding real estate investments that are well-positioned to meet the demands of tenants in today’s dynamic market.
We seek to make investments in submarkets exhibiting attractive economic and population growth that promise to support strong income durability, lower volatility, and long-term NOI growth which drives attractive investment performance over a full market cycle.
Asset Management
Integral to our tenant-centric focus, ASB’s proactive asset management of each investment seeks to drive superior performance. Each investment team is responsible and held accountable for asset performance results through the entire holding period from acquisition, strategic planning, asset management, and leasing to eventual disposition.
The team is responsible for directing and overseeing the designated property manager executing all leasing, capital projects, annual budgeting, and strategic business planning at the asset level. In collaboration with property managers, the ASB investment team annually prepares a strategic business plan for each investment, outlining asset strategy objectives together with key operational initiatives and corresponding budget.
ASB’s tenant-centric strategy underpins all asset management decisions, ensuring the property stays competitive and meets the needs of tenants over the entire investment lifecycle.
Case Study Properties
Our investments are located in vibrant, high-demand markets where our tenants want to be.
Nothing found.
The particular investments identified and described on this website do not represent all of the investments purchased, sold, advised by or recommended by ASB Capital Management LLC, or any of its successors or affiliates. The reader should not assume an investment in the assets identified was or will be profitable. There can be no assurance that other investments purchased, sold, advised by or recommended by ASB Capital Management LLC, or any of their successors or affiliates or officers, employees or directors will have characteristics or results similar to those identified on this website. A complete list of investments is available upon request.
The information made available to you through this website does not constitute an offer to provide investment advisory services or an offer to sell or a solicitation of an offer to purchase interests in any fund sponsored or advised by ASB Capital Management LLC, or any of its successors or affiliates. Any such offer or solicitation for interests in a fund sponsored or advised by ASB Capital Management LLC or any of their successors or affiliates will be made only through a private offering pursuant to a confidential offering memorandum and related subscription documents. This website does not purport to be all-inclusive and does not contain all material information that a prospective investor may desire when contemplating making an investment.
Portfolio Gallery
ASB’s investments comprise 71 assets in high-demand markets representing $6.2 billion in value. Below are a few of our representative properties.
The portfolio investments described herein are not representative of all ASB portfolio investments. A complete list of ASB’s current portfolio investments is available upon request.
Careers_Old
ASB has built success around talented, hard-working individuals who collaborate to gain a broad and integrated understanding of real estate disciplines to deliver attractive risk-adjusted returns.
Our team members gain full-spectrum expertise in underwriting, acquisitions, dispositions, asset management, leasing, valuations, budgeting, business planning, and strategy formulation. We encourage a culture of collaboration, and all members of our team engage in offering their points of view on major decisions in an extremely inclusive management process. ASB promotes diversity and equality within all facets of our organization and fosters an environment that recognizes employees’ unique skillsets and ensures that all employees have an equal opportunity to grow and advance.
What’s more, all of ASB’s professionals receive competitive compensation packages and are offered upside based on performance.
View Our Current Job Postings
Welcome to our job portal. Here, you may apply for open positions or submit your resume to our resume bank.
Our Mission & Core Values
Our steadfast mission is to generate outstanding risk-adjusted investment performance for our investors so that their beneficiaries and retirees can secure life-long financial independence and peace of mind.
Perseverance
Our people have the passion, resilience, and determination to achieve long-term excellence.
Focus
Our people strive to prioritize their responsibilities and maintain their clarity of purpose to accomplish our mission.
Accountability
We take responsibility for our actions and hold ourselves accountable for our results.
Empathy
We are committed to our people and their professional and personal development and engaging all voices to unearth creative solutions that will drive performance.
Social Responsibility
We are committed to making a positive, impactful change to improve the community we serve.