Power Broker
Chelsea Mandel
Founder & Managing Director, Ascension
New York, NY 10019
Chelsea Mandel serves is Founder and Managing Director of Ascension, a global commercial real estate advisory firm.
Phone (347) 410-0163
Mobile (516) 850-6962
Chelsea Mandel serves is Founder and Managing Director of Ascension, a global commercial real estate advisory firm.
Specialties
Investment Sales Broker
Property Types
Industrial, Retail
Markets
New York City, Hartford, Toledo, Greensboro/Winston-Salem
Languages
English
Bio
Chelsea Mandel serves is Founder and Managing Director of Ascension, a global commercial real estate advisory firm. There she serves as the lead advisor on all sale leaseback transactions and corporate real estate advisory assignments, partnering with business owners, private equity firms, and other financial sponsors in structuring innovative solutions for their corporate real estate, globally.
Chelsea has established herself as a pioneering force in corporate real estate finance due to her relentless work ethic and transaction volume across real estate asset classes and global markets. Upon graduating magna cum laude from Dartmouth College with a degree in Economics, Chelsea joined the acquisitions team at Starwood Capital Group. She quickly thrived as the sole woman in her acquisitions team of 52 investment professionals, gaining expertise in underwriting and deal negotiations.
Chelsea was recruited to join NYC-based New Mountain Capital to build out its sale leaseback platform – one of the first net lease funds of its kind among middle-market private equity firms. Chelsea was instrumental in this role, raising $533M of capital for the platform’s first fund, acquiring 5+ million square feet of industrial and office space, and closing $450M in transactions. Through her experience at two premier investment firms, Chelsea developed a passion for working with business owners and financial sponsors, leading her to pivot to an advisory role at STREAM Capital Partners in 2019. Her principal investing background enabled her to think outside-the-box to meet the unique needs of both her clients and buyers in arranging corporate real estate transactions.
Notably, she was an innovator in bringing middle-market sale leaseback opportunities to tertiary markets across Europe and developed creative structuring methods that enabled her clients to fund 100% of their business acquisitions with proceeds from sale leaseback transactions. Within a year, Chelsea became STREAM’s top advisor, eventually closing a record $943M in deals across a variety of sectors and asset classes in the United States, Canada, Mexico, and Western Europe. Driven by an entrepreneurial spirit and a mission to establish the gold standard for corporate real estate advisory solutions, Chelsea partnered with James Capital Advisors to launch Ascension.
Chelsea is committed to continued investment in the platform, technology, and processes to arm her team with the most advanced systems and provide her clients with a level of sophistication and expertise that simply does not exist elsewhere in today’s market. Chelsea lives with her fiancée in New York City.
Education
