How Much Did Ascendant Development Raise?
Funding & Key Investors

Ascendant Development has secured $20K in total capital, with a recent funding round of $20K aimed at substantial expansion. This financing positions the company at a significant Series B/C stage, signaling a period of accelerated growth and market penetration in the commercial real estate development sector.

The company's strategic financial maneuvers underscore its commitment to scaling operations and enhancing its service offerings within the competitive landscape of property development.

What is Ascendant Development?

Ascendant Development
ConstructionConstruction ManagementReal Estate

Ascendant Development Corporation is a full-service real estate and development firm headquartered in Denver, CO, specializing in commercial properties such as business parks, and build-to-suit and speculative office and industrial buildings. The company focuses on creating innovative, functional developments and work environments that enhance client productivity and efficiency while maintaining cost control. Led by Graham T. Benes, the firm is a spin-off from CMC Group, Inc., leveraging extensive experience in developing over 60 build-to-suit and speculative buildings across the United States for a diverse clientele ranging from small owner/users to Fortune 500 companies.

Ascendant Development prides itself on a development platform and project structures that are customizable to meet the unique needs of each client, from local businesses to multinational corporations. Integrity and a proactive, aggressive approach are core values, ensuring the successful delivery of commercial real estate projects and facility solutions through strong brokerage relationships and a deep understanding of market dynamics.

How much funding has Ascendant Development raised?

Ascendant Development has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

What's next for Ascendant Development?

With the recent influx of substantial expansion capital, Ascendant Development is poised for significant scaling and market expansion. The company's strategic focus on customizable development solutions and its established track record suggest a trajectory aimed at capturing larger commercial projects and solidifying its position as a leader in innovative, functional real estate development.

Future endeavors will likely involve leveraging this investment to broaden its portfolio, potentially explore new geographic markets, and further enhance its project delivery platform. The company's ability to adapt its development strategies to client requirements, coupled with its commitment to integrity, positions it for sustained growth and success in the commercial real estate sector.

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Frequently Asked Questions Regarding Ascendant Development Financial Insights

What are the most recent funding rounds that Ascendant Development has completed, and what were the funding rounds?
Ascendant Development has recently completed 1 funding rounds: Debt on Feb 6, 2021.
What is the total amount of funding Ascendant Development has raised to date?
Ascendant Development has raised a total of $20K in funding to date.
How many funding rounds has Ascendant Development completed?
Ascendant Development has completed 1 funding rounds.
How much funding did Ascendant Development raise in its most recent funding round?
Ascendant Development raised $20K in its most recent funding round.
Who are the lead investors in Ascendant Development's latest funding round?
The lead investor in Ascendant Development's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ascendant Development's history?
The largest funding round in Ascendant Development's history was $20K.
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