Monday, October 14, 2019

Stonemont Financial Hires Industry Veteran Steve Yeager as Company Expands Asset Management Platform


 Steve Yeager

ATLANTA, GA, Oct. 14, 2019 – Stonemont Financial Group, a privately held real estate investment firm with specialized experience in build-to-suit developments, sale-leaseback acquisitions and speculative development, today announced the hiring of Steve Yeager as the company’s first Senior Vice President of Asset Management. 

A widely respected industry veteran with more than 30 years of experience managing a variety of asset classes in markets across the U.S., Yeager will join Barry Howell in formalizing a new asset management platform that caters to Stonemont’s growing base of private and institutional investors.  Howell, who serves as Executive Director of Asset Management, joined Stonemont from GTIS Partners.

Barry Howell
Yeager comes to Stonemont from Jamestown LP, Inc., and has managed, pursued and acquired more than 23 million square feet of commercial real estate assets ($9 billion) over the course of his career on behalf of both international and domestic high-net-worth and institutional capital sources. 

He brings a proven track record in a variety of commercial real estate verticals, including industrial, retail, office, multifamily and mixed-use, and has cultivated relationships with key decision-makers across the industry.

Zack Markwell
Yeager’s appointment coincides with Stonemont’s push into a new realm of institutional investing, with the firm recently surpassing $2.0 billion in total assets under management (AUM). 

“Steve possesses a rare combination of exceptional leadership skills, senior level asset management experience and keen industry acumen that makes him the ideal person to help lead the next chapter of our growth story,” said Stonemont Managing Principal and CEO Zack Markwell.


“His resume of industry-leading investment partners and projects will add great value as Stonemont tackles new challenges and expansion opportunities in the decades ahead.”

For more information on Stonemont and its initiatives, please click here.

CONTACT:

Patricia Bacon
Account Coordinator
M: 912-596-7946

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