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Background

Amstar was founded in 1987 in Denver, Colorado, initially investing and managing real estate on behalf of a European family office client.  Over the following decades, the firm developed a vertically integrated platform focused on acquiring, developing, and managing commercial real estate assets across multiple property types in the United States and select international markets.

Beginning in 2010, Amstar expanded its platform to manage real estate investments for third-party institutional investors, including large U.S. public pension funds, through a series of separate accounts, discretionary investment vehicles and joint ventures focused on value-add and opportunistic strategies.

The company underwent a leadership transition in 2015 as part of the continued evolution of its investment platform and strategic direction.  Shortly thereafter in 2017, Amstar was restructured and ownership transitioned to institutional investors, with the firm sharpening its focus exclusively on U.S. real estate investments.  Amstar has since continued to pursue its strategy of acquiring, developing, and managing assets in high-growth markets across the United States.

Today, Amstar remains headquartered in Denver and draws on nearly four decades of experience investing across major property sectors, with a focus on disciplined investment, active asset management, and long-term value creation.

Leadership

Michael Hegseth

President
Denver, USA

Faraz S. Shahid

Chief Financial Officer
Denver, USA