Marking the next phase in the company’s evolution, AST Development on Tuesday said it rebranded as AST, complete with the launch of a new website.
The Lavallette-based leader in building and enhancing value across asset classes and locations said that, with its new brand identity, the company will align its ground-up development and value-add capabilities with its two subsidiaries — AST Financial and AST Realty — to create a truly fully integrated real estate development, financing and realty platform.
“We have been guided by an unwavering commitment to bringing transformative development projects to local communities for over 35 years,” said Robert D’Anton, founder and president of AST. “While the development and acquisition of commercial real estate for our own portfolio will always be the core of our work, our ongoing diversification has enabled us to better leverage our experience to help our partners find success, as well. Through our new identity, we are now able to unite all our services under one umbrella and better capitalize on value creation opportunities in an increasingly complex commercial real estate marketplace.”
In the three-plus decades since its founding, AST has been responsible for in excess of $1 billion in development and investment activity across several asset classes. In addition, AST’s experience and success working with municipalities and community leaders provide 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 bridge financing, along with preferred equity, through direct-to-lender capital programs developed by builders for builders.
Working in conjunction with AST Financial, AST Realty is a unique residential brokerage model that offers the builder community comprehensive and cutting-edge brokerage services designed to add value at every stage of the process.
“Our expertise in development, finance and realty has enabled us to serve as a trusted real estate partner for some of the most successful transformative projects in the region,” said Shane Soranno, director at AST. “We look forward to building upon our success as we enter into this exciting next phase of our company’s growth.”
