Matthew D. Ascher

 

Director, Northwestern Mutual

Matthew Ascher graduated with his MBA from Carnegie Mellon in 1989 and entered the corporate credit training program at PNC Bank in Pittsburgh, Pennsylvania.  Upon completing credit training in 1990, Mr. Ascher held several positions in the Commercial Real Estate Department including loan production and workouts.  After moving to Washington, D.C. in 1993, Mr. Ascher took a Senior Regional Manager position at The Union Labor Life Insurance Company in real estate loan production.  While at Union Labor Life, Mr. Ascher completed over $300 million in new construction/permanent loans including investments in office buildings, multi-family, retail and hotels.  Mr. Ascher joined Northwestern Mutual in 1997 to build upon his career as an institutional quality real estate investor.  As a production officer of the company, Mr. Ascher is responsible for originating, underwriting, and closing both debt and equity investments in commercial real estate.  Since joining Northwestern, Mr. Ascher has originated over $2 billion in real estate equities and over $3 billion in mortgage loans.  Mr. Ascher’s most recent deal was the $305 million acquisition of Two Constitution, a 589,000 sf office building leased to the Department of Justice.