What We Do

Ascendant is a vertically-integrated real estate investment firm, focused on bringing partners attractive risk-return investment opportunities in the multifamily and student housing sectors. Ready to learn more about what we can do? Check out our Development and Construction platforms.​

DAVID KULKARNI
|
principal

David is a principal of Ascendant. Previously, David sourced and developed over 4,000 units in the multifamily space.  Prior to that, he was Managing Director at Stout Risius Ross Advisors, LLC where he specialized in real estate investment banking and provided a broad range of financing, advisory, and investment services to real estate operating and development companies.

RICHARD OWEN
|
principal

Richard is a principal of Ascendant. Richard’s experience includes owning and developing over 5,000 units in the multifamily space. Previously, Richard served as General Counsel and Senior Vice President of Investments at Asset Living, a third-party property manager of over 60,000 units and 140,000 student housing beds throughout the US, Mexico and Colombia, as well as a developer and acquirer of student housing and multifamily assets.

STERLING LAGUARTA
|
president

Sterling is the President of Ascendant Construction. Sterling has more than 25 years of construction management experience primarily in the multi-family industry, and has been involved in the construction of over 15,000 units. Sterling began his career as an assistant superintendent in 1998 and has managed multifamily construction projects from every construction position.

Nancy Kovar
|
Chief Financial Officer

Nancy is the Chief Financial Officer of Ascendant. Nancy has worked in financial leadership roles in the real estate industry for over 40 years. Prior to joining Ascendant, Nancy worked at Asset Living where she was responsible for the co-supervision of the Asset campus accounting department, having led a team of 27 financial professionals and overseeing the accounting for over 150 properties.

Michael Votta
|
Senior Vice President – Equity Capital Markets

Michael is Senior Vice President of Equity Capital Markets and Fundraising at Ascendant. Michael has more than 15 years of investment experience and joins Ascendant from a real estate investment advisor with $1B in Assets Under Management where he was involved in capital development and investor relations for the firm's High Net Worth Individuals, Family Office and Wealth Advisory clients.