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Corporate Real Estate Advisory

Ascension Advisory was formed to accelerate the pace of progress and achieve a higher standard of real estate advisory. Our purpose is to elevate corporate real estate efficiency, strategy, access and insight for financial sponsors and business owners, globally.


Sale Leaseback Specialists

At Ascension Advisory, we are experts in the art of the sale leaseback strategy. Our dedication and laser focus set us apart. With backgrounds in private equity, investment banking, management consulting, and real estate investing, our team is committed to evaluating and executing even the most complicated sale leaseback transactions and corporate real estate assignments.  

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The Team

Chelsea Mandel
Chelsea Mandel
Founder & Managing Director
Jack Foley
Jack Foley
Chief Operating Officer
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Sam William Jacobs
Chief Marketing Officer
Staci Ashkin
Staci Ashkin
Chief Financial Officer & Controller
Doug Carey
Doug Carey
Head of Underwriting
Nina Valtchanov
Nina Valtchanov
Head of Transaction Management
Spencer Freid
Spencer Freid
Charmaine Aleong
Charmaine Aleong
Executive Assistant & Office Manager
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Hassan Khan
Marketing & Operations Associate

Hear From Our Clients

Max Kathari

"Ascension left me thoroughly impressed with the team’s performance throughout the lifecycle of our sale leaseback transaction. Their team was efficient, knowledgeable, and highly organized...We look forward to working with them in the future."

Max Kothari | Chief Executive Officer | Express Kitchens
Co-Founder of Private Equity Firm-1

"The Ascension team delivered on everything they proposed and hit the aggressive timeline we asked for. Their thoroughness and professionalism throughout the process was fantastic and we won’t hesitate to work with them again."

Co-Founder of Private Equity Firm
Søren Nielsen (3)

"The Ascension team did a great job leading us through this sale leaseback transaction on behalf of the company. The company signed a long-term lease at the facility, demonstrating the business’s commitment to this site."

Søren Hvidberg Nielsen | President | Widex USA
Vice President of Private Equity Firm-1

"The Ascension team delivers reliable and timely execution with attentive and highly responsive service. We trust the Ascension Advisory team to move quickly to achieve our real estate-related objectives."

Vice President of Private Equity Firm
Partner of Midwest Private Equity-1

"This sale leaseback transaction was very important for the Company. It unlocked meaningful capital for us to redeploy into higher ROI opportunities that will help drive the Company's growth for years to come. The Ascension team was integral to making this possible."

Partner of Private Equity Firm
william goetz

"Our goal with the sale leaseback was to position the company to continue investing in advanced technologies and to fund growth. Our success and timing in closing the sale leaseback is a testament to Ascension’s expertise and partnership."

William Goetz | CFO | Alpha Precision PM
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"Ascension delivered an excellent SLB outcome on an accelerated timeline that tracked our M&A process. As such, we were able to consummate a RE deal simultaneously with our M&A transaction and helped us fund the M&A deal."

Associate of Private Equity Firm
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"We have worked with Ascension in the past, and have always had a very strong experience.  Very strong attention to detail, real-time communication, work ethic, and an excellent grasp of the market are a few of the reasons I continue to work with Ascension."

Principal of Private Equity Firm
Group Chairman of European-Based Private Equity Firm

"The Ascension team supported us every step of the way during our process. The deal team was very helpful in keeping this transaction on track and worked diligently with all parties involved toward a successful close."

Chairman of Private Equity Firm
Joe Cappuccio

"The Ascension team has an amazing ability to parse the complexity out of any transaction providing for a smooth glide to a closing. There is no way we would have achieved even a fragment of our success without them."

Joe Cappuccio | Partner | Trinity Petro
Daryl Scott (2)

“Chelsea and her team did a great job. This transaction provides additional capital allowing us to continue reinvestment into our business that has seen tremendous growth over the last 12 months.”

Daryl Scott | Chief Executive Officer | Surlean Foods
Henry Legere
“We engaged the Ascension team to help us market and sell our medical office property and we couldn’t be more happy with their team, process, and results. I highly recommend the Ascension team.”  
Henry Legere | Founder & CEO | Reliant Immune Diagnostics
Brian Dennis

"Ascension has allowed us to turbocharge our business expansion. In fact, our last SLB deal was nothing short of incredible – we used the entire sale leaseback proceeds to fund the acquisition of the entire dealership operations – no cash outlay required."

Brian Dennis | President | Dennis & Co. Auto Group
Pat Voelker

"I enjoyed our experience working with Ascension. I would recommend Ascension again to be used by our firm or will suggest you all to other PE firms that ask for recommendations."

Vice President of Private Equity Firm
Josh Chandler

“Ascension Advisory was instrumental in helping Whisker achieve a successful real estate sale leaseback transaction during an increasingly challenging macro environment.”

Josh Chandler | Chief Financial Officer | Whisker
Shamari McCrimons

"It was a pleasure working with the Ascension Advisory team on Dirty Dog's Car Wash recent sale leaseback transaction! Great team. Great results."

Shomari McCrimons | Chief Financial Officer | Dirty Dog's Car Wash
Lets get in touch!

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