January 19 2016
Elizabeth Burns Allison Named New Allegiancy Asset Manager
Allegiancy, a commercial real estate asset management firm, continued its recent expansion as a commercial real estate active asset management firm with the addition of a new asset manager as it anticipates continued growth in new markets.
Elizabeth Burns Allison began work with Allegiancy on Jan. 4 as the firm is poised to launch its $30 million “IPO Lite” capital raise under the newly approved Reg A+ rules adopted in 2015 by the SEC as part of the JOBS Act.
Ms. Allison joins another recently hired asset manager, increasing Allegiancy’s team to 21 employees. The firm has more than tripled its number of employees over the past year amid triple-digit growth in assets under management.
Ms. Allison has more than seven years of experience in managing property in the metro Washington D.C. area. She managed approximately 600,000 square feet of office space and is well-versed in financial analysis and reporting, project management, sustainable building principles, customer service, risk assessment and lease administration.
As an Allegiancy asset manager, Ms. Allison will help direct Allegiancy’s strategic business plan, drive tactical execution and oversee all operational aspects of an assigned portfolio of properties to maximize owner return and value.
Allegiancy Chief Operating Officer David Starowicz said Ms. Allison’s performance and skill set make her an excellent addition to the Allegiancy team. “Elizabeth rapidly advanced with her previous employer, indicative of her drive, ability and emphasis on professional excellence,” Mr. Starowicz said. “We anticipate Elizabeth will augment the Allegiancy team and help drive our continued growth while our investors benefit.”
Ms. Allison earned a B.S. in Economics from the University of Mary Washington in Fredericksburg, Va. She also has expertise in green building and carries a LEED AP O+M credential.
Allegiancy is changing the business of asset management for commercial real estate owners and investors with radical specialization. With a technology-enabled operating platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor and unparalleled discipline to a poorly understood business. Combining its proactive Value Assurance operational rigor with an intense focus on cash flow and profitability, Allegiancy is leveraging the experience of its principals of more than four decades of success.
No money or other consideration is being solicited pursuant to this press release, and if any is sent in response, it will not be accepted. No offer to buy Allegiancy’s securities and no part of the purchase price for Allegiancy’s securities can be received until the offering statement Allegiancy has filed with the SEC is qualified, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. Any indication of interest in Allegiancy or its offering involved no obligation or commitment of any kind. A copy of Allegiancy’s offering statement containing its most current preliminary offering circular describing the offering that is the subject of this press release can be found at: www.allegiancyipo.com.
March 07 2017