Marking the next phase in the company’s evolution, AST Development announced on Tuesday that it had been renamed AST, with the launch of a new website.
Lavallette’s leader in creating and adding value to all asset classes and locations said that with its new brand identity, the company will align its development and value-added capabilities with its two subsidiaries – AST Financial and AST Realty – to create a truly fully integrated property 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 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.
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. .
AST launched AST Financial in 2015 – a fully integrated lending platform that extends construction and relay financing, as well as preferred stock, through direct-to-lender investment programs developed by builders for builders.
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.
“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. »