Latest Ascendant Capital Partners News & Updates

See the latest news and media coverage for Ascendant. We track all announcements, press releases, and industry mentions in real time, all in one place.

Ascendant Capital Partners (Ascendant)

Vertically integrated real estate investment platform

ascendantcapital.com

Headquarters: Los Angeles, United States
Founded year: 2019
Company type: Private company
Number of employees: 25–50
Industry: Real Estate Rental, Development & Operations

Last updated Today

Latest news about Ascendant Capital Partners (Ascendant)

In short: Ascendant raised $750 million for its second fund and acquired major hotel portfolios while its CEO was convicted of fraud charges.

Company announcements

March 3 Ascendant

Ascendant Capital Partners named top hotel investor

The firm continues to acquire high-quality lodging and residential assets and looks forward to 2026.

February 17 Ascendant

Ascendant completes acquisition of Sotherly Hotels Inc.

The joint venture with KWHP acquired all outstanding shares for $2.25 per share cash, with Schulte Hospitality Group assuming operations of the 10-hotel portfolio.

5 December 2025 Ascendant

Ascendant closes Embassy Suites La Jolla acquisition

The hotel was acquired in partnership with Highgate.

4 December 2025 Ascendant

Ascendant announces latest closing for acquisitions

The firm continues to acquire high-yielding hospitality and residential assets.

Media coverage

July 7 Los Angeles Times

Ascendant Capital Secures 965-Room Mid-Atlantic Hospitality Portfolio from Coastal

Ascendant Capital Partners secures a 965-room beachfront portfolio, partnering with Schulte Hospitality Group to manage legacy assets. Get the facts.

February 12 The Globe and Mail

Kemmons Wilson Hospitality Partners and Ascendant Capital Partners Joint Venture Completes Acquisition of Sotherly Hotels Inc.

MEMPHIS, Tenn. and LOS ANGELES and WILLIAMSBURG, Va., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Kemmons Wilson Hospitality Partners (“KWHP”), a hospitality-focused investment management firm, together...

27 October 2025 citybiz

Sotherly Hotels to be Acquired by Joint Venture Backed by Kemmons Wilson Hospitality Partners and Ascendant Capital Partners | citybiz

Sotherly Hotels Inc. (Nasdaq: SOHO) today announced that it has entered into a definitive merger agreement with a joint venture... Read More...

31 March 2025 PERE

Ascendant Capital pulls in $750m for ‘stay’-focused real estate

The California-based real estate manager hit the hard-cap on its second fund, which will target US hospitality and residential properties.

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