Jason Lucas Named President of Amstar

Denver, CO (May 24, 2016) – Amstar announces the appointment of Jason Lucas as President of Amstar, where he will lead all Amstar platforms going forward. Joe Zuber, Amstar’s current CEO, will step down as CEO in mid-July 2016 when he moves back to his family in New York.  Amstar would like to thank Zuber for his contributions in reshaping and stabilizing the company.

Lucas is in his tenth year at Amstar and has held a number of positions at the company.  He started his Amstar career working on investment sourcing in the U.S. and for the last seven years he has been overseeing Amstar’s commingled funds investing in Central & Eastern Europe. 

Lucas said: “I could not be more excited about the future of Amstar given the strength of our employees, commitment of our shareholder and deep-rooted relationships with best-in-class operating and investment partners.  We plan to continue growth in our two primary strategies of U.S. value-add acquisitions, repositionings and opportunistic ground-up developments and our international strategy of opportunistically developing and investing in targeted markets that offer outsized returns through commingled funds.”

Lucas graduated with honors from Brown University with a B.A. in Economics.  He is a member of ICSC & ULI and is a frequent speaker at professional conferences, including MIPIM, MAPIC and ExpoReal. 

About Amstar

Established in 1987 and headquartered in Denver, Colorado, Amstar is a real estate investment manager that acquires, develops and manages office, multifamily, retail, hotel and industrial properties in select U.S. and international markets.  Originallyformedtoinvestandmanagetherealestate allocationof a large family office, Amstar began expanding its capital strategy nearly a decade agoand has grown to approximately $2.0 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.  andEuropeaninstitutions,  insurancecompanies,  privatebanks,  fundsoffundsandother family offices.