Seth Bell is a Managing Director at Pegasus Asset Management, where he oversees the management and operation of over 50 properties encompassing more than 700,000 square feet and over 100 tenants. Mr. Bell provides owners of net leased retail properties with strategic planning, operations management, development consulting, detailed financial reporting and leasing supervision. In this role, Mr. Bell is responsible for the establishment and implementation of strategies to optimize the overall performance of commercial real estate investments, with a focus on improving the underlying asset’s value and maximizing returns for property owners.
Prior to joining Pegasus Asset Management in 2014, Mr. Bell was a Senior Account Executive at PennyMac Financial Services, Inc. (NYSE: PFSI), where he was responsible for retail production and was involved in all aspects of the business, including portfolio origination management, lead generation, marketing and implementation of policies and procedures. Prior to being promoted to retail production, Mr. Bell served as an analyst for the company’s loss mitigation department, where he was responsible for managing and analyzing portfolios of non-performing assets.
Before joining PennyMac, Mr. Bell was an Asset Manager at Adler Realty Investments, where he provided support for the ground up construction of several retail centers and directed the day to day operations of a 600,000 square foot portfolio of shopping centers. While at Adler Realty, Mr. Bell assisted in the oversight of all leasing activity, tenant improvements, investor reporting and budget creation. Mr. Bell also served in various internship programs for Douglas Emmett, Inc. (NYSE: DEI) while attending college.
Mr. Bell received a B.S. in Economics from the University of Wisconsin-Madison in 2009 and lives in the Brentwood neighborhood of Los Angeles with his wife, Katie.
Justin Herman is an Asset Manager at Pegasus Asset Management, where he is involved in the day to day operations of all properties currently under the management of the firm. Mr. Herman is primarily responsible for promptly addressing property related requests from national and local tenants on behalf of owners of commercial real estate throughout the country. In addition, Mr. Herman prepares property level accounting, periodic financial reports and annual budgets for property owners and their lenders.
Prior to joining Pegasus Asset Management in 2015, Mr. Herman served as a Credit Analyst and Personal Banking Officer at 1st Century Bank in Santa Monica, California, where he drafted credit proposals and provided account management services to clients.
Justin received a B.S. in Business Administration with a concentration in Finance from Boston University in 2013. Mr. Herman was raised in Sherman Oaks, California and now resides in the Brentwood neighborhood of Los Angeles.
Jonathan Khoury is a Portfolio Accountant at Pegasus Asset Management, where he oversees the financials of over 50 properties encompassing more than 100 tenants. Mr. Khoury’s responsibilities include ensuring all payables and receivables have been processed, paid and recorded. In addition, Mr. Khoury is responsible for the management of all portfolio bank accounts. In this role, Mr. Khoury facilitates a close relationship with property owners by maintaining all books and records, creating periodic budgets and projections, and processing ownership distributions.
Prior to joining Pegasus Asset Management in 2016, Mr. Khoury was an associate at Marcus and Millichap (NYSE: MMI), where he was responsible for assisting clients in the acquisition and disposition of a variety of commercial properties. Mr. Khoury was involved in all steps of the process including lead generation, portfolio management, marketing and underwriting.
Prior to joining Marcus and Millichap, Mr. Khoury was a recoveries accountant at Macerich (NYSE: MAC). Macerich, a self-managed Real Estate Investment Trust, is the third-largest owner and operator of shopping centers in the United States. While at Macerich, Mr. Khoury worked on the operating team where he was responsible for maintaining common area maintenance costs, taxes and utilities at four Southern California shopping mall locations.
Mr. Khoury received a B.S. in Accounting from the University of San Francisco in 2013, where he was elected Budget and Finance Chair of Pi Kappa Phi Fraternity. Mr. Khoury was born and raised in the San Fernando Valley and currently resides in the Northridge neighborhood.