DENVER, July 19, 2018 /PRNewswire/ -- Amstar announces the appointment of Matthew Karp, Christopher Zeuner and Erin Little where the three will oversee investments and operations in the Americas and Europe. Jason Lucas, Amstar's current President, will step down from his role at the end of July 2018 after 12 years meaningfully contributing to Amstar, including serving as President over the last two years. Amstar would like to thank Jason for his efforts in positioning the company for continued success.
Karp and Zeuner joined Amstar within the last year where Karp oversaw U.S. acquisitions and new business initiatives and Zeuner was responsible for managing the company's international platform. As part of this appointment, Karp has been named Head of Americas and Little has been named Head of Finance & Operations, Zeuner is Amstar's Head of Europe.
Lucas said: "After 12 years at Amstar and having managed the company through its last stages of transition, I am ready to embrace new opportunities. I was excited to bring Matt and Chris onboard in the last year and am delighted to endorse an outstanding management team that will succeed me. I have all the faith in Matt, Chris and Erin and am confident they will continue to build upon Amstar's distinguished 30 year history."
Established in 1987 and headquartered in Denver, Colorado, Amstar is a real estate investment firm that acquires, develops and manages office, multifamily, retail, hotel and industrial properties in select U.S. and international markets. Originally formed to invest and manage the real estate allocation of a large family office, Amstar began expanding its capital strategy nearly a decade ago and has grown to approximately $1.1 billion in assets under management. Today, Amstar is proud to provide a high degree of focus and attention to its client relationships, counting among them leaders in the private and institutional investment community. Amstar's clients originate from across the globe and include U.S. and European institutions, insurance companies, private banks, funds of funds and family offices.