Ascent Developer Solutions (AscentDS), a lender providing customized financing solutions to top-tier real estate developers, has announced a series of new hires and promotions for its rapidly expanding leadership, valuations and originations teams.
“It is a pleasure to welcome Hilary Gevondyan, whose extensive legal acumen will be instrumental to the continued excellence of our firm, as our new general counsel and Jeremy Lee to our loan originations team, who holds impressive experience in real estate loan originations and capital markets,” said Robert Wasmund, founder and CEO of Ascent Developer Solutions. “I look forward to working alongside them and seeing them excel in these new positions.”
Gevondyan will oversee all areas of legal and regulatory operations across the firm. Her previous experience includes positions at J.P. Morgan Chase Bank, First Republic Bank and global law firms DLA Piper LLP and Dechert LLP. She holds a Bachelor of Science in Business Administration from Boston University and a Juris Doctor from Harvard Law School.
Lee joins as vice president, loan officer with a strong track record in real estate loan originations from Dunmor Capital, most as vice president, loan originations. With an extensive background in Business Purpose Lending (BPL), specializing in one- to four-unit and small multifamily properties, Lee will expand AscentDS’ lending reach across the national homebuilding and single- and multi-family development sectors. He holds a Bachelor of Arts in International Studies and Business Management from Pepperdine University.
David Gravelle, a founding member of Ascent Developer Solutions, has been named head of business development where he will focus on establishing alternative origination channels, expanding Ascent’s product offering and coordinating efforts with capital providers. Gravelle previously served as managing director, head of administration and registered in-house counsel and brings over 25 years of experience developing and enhancing organizational processes for financial services companies to the role.
