APRIL 23, 2019

Christina Chang, CFA Joins ASB as Vice President and Assistant Portfolio Manager

WASHINGTON, DC – ASB Real Estate Investments (ASB) announced today that Christina Chang has joined the company as Vice President and Assistant Portfolio Manager of the Allegiance Fund, its $7.5 billion core investment vehicle. Ms. Chang, formerly a Vice President of Residential Asset Management at JBG Smith overseeing a portfolio of multifamily and mixed-use assets, will be working closely with the senior portfolio management team. Previously, she worked for Bucknell University’s endowment and in the investment banking divisions of Macquarie Capital and Lehman Brothers. She holds an MBA in Finance and Management from the Wharton School, University of Pennsylvania and an Economics degree from Harvard College and holds a Chartered Financial Analyst designation.

Robert Bellinger, ASB’s President and CEO, said: “We are extremely pleased to welcome Christina Chang into the ASB fold and to the Allegiance Fund portfolio team.  Her multifaceted capabilities and exceptional experience will complement and add to our collaborative efforts for meeting our performance mandate on behalf of our valued clients.”

About ASB Real Estate Investments
ASB Real Estate Investments (ASB), a division of ASB Capital Management, LLC, is a leading U.S. real estate investment management firm with $7.9 billion* in gross assets under management for over 340 institutional clients. Headquartered in Washington DC, ASB invests in major urban markets across the country, concentrating in office, multifamily, retail and industrial properties. ASB manages the ASB Allegiance Real Estate Fund, its sole vehicle for core investing and the ASB Meridian Real Estate Funds, a series of low-leverage value creation vehicles; and a development separate account.

*as of December 31, 2018 

The information provided in the release does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities.