Seth Bell is a Managing Director at Pegasus Asset Management, where he oversees the management and operation of over 130 properties encompassing more than 1.5 million square feet and over 200 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 Culver City neighborhood of Los Angeles with his wife, Katie.
Benn Schecter is a Vice President at Pegasus Asset Management where he oversees the management and operation of over 130 properties encompassing more than 1.5 million square feet and over 200 tenants. Mr. Schecter oversees the day-to-day operations of the company’s portfolio, identifying and implementing best practice strategies to maximize the performance of all properties under the firm’s management.
Prior to joining Pegasus Asset Management in 2019, Mr. Schecter worked as a Commercial Property Manager for Bolour Associates, a privately-owned real estate investment, development, and finance firm. Prior to joining Bolour Associates, Mr. Schecter worked as a Tax Associate for Westfield Corporation, (now Unibail-Rodamco-Westfield) a multi-national REIT with $40 billion in retail assets. Before joining Westfield Corporation, Mr. Schecter worked as the Assistant to the President at AECOM (NYSE: ACM), a multi-national engineering design firm with annual revenues of $20 billion worldwide. Before joining AECOM, Mr. Schecter worked as an Asset Management Administrative Assistant for Macerich (NYSE: MAC), a national REIT with $10 billion in retail assets. In this role, Mr. Schecter supported the operations of the firm’s Acquisitions, Operations, and Real Estate Tax divisions within the Asset Management department.
Mr. Schecter received an MBA from Loyola Marymount University in 2018, and B.S. in Managerial Economics from the University of California, Davis, in 2007. Mr. Schecter was raised in West Los Angeles and currently resides in El Segundo with his wife, Jennifer.
Peter Kay is a Leasing Manager at Pegasus Asset Management where he is responsible for the oversight of leasing the company’s management portfolio. Mr. Kay oversees the management of the firm’s retail leasing brokers across the country, implementing creative leasing strategies, while managing property reporting, detailed market information and general retail trends in each property’s respective markets.
Prior to joining Pegasus Asset Management in 2020, Mr. Kay worked as a Senior Leasing Manager for Macerich (NYSE: MAC), a Santa Monica based, publicly traded Real Estate Investment Trust and one of the country’s largest owner/operators of retail shopping centers. At Macerich, he was responsible for leasing over 2 million square feet of retail property at Lakewood Center in Lakewood, CA. Prior to Macerich, Peter spent three years as a Leasing Manager for Terramar Retail Centers, where he oversaw the leasing of the firm’s Los Angeles county portfolio of shopping centers.
Before transitioning to his in-house leasing position at Terramar, Mr. Kay enjoyed over 10 years as a retail leasing broker with Wilson Retail Group (acquired by Jones Lang LaSalle in 2015), where he represented shopping center owners and developers. In his years spent at the Wilson Retail Group, Peter initially served as a retail specialist, eventually being promoted to the level of Vice President. Throughout his capacity at Wilson Retail Group (and later, Jones Lang Lasalle after Wilson was acquired), Peter was responsible for leasing approximately 2.5 million square feet of space comprised of neighborhood, regional, mixed-use and promotional shopping centers.
Mr. Kay received a Bachelor of Science in Political Science from Radford University in 1996 and currently resides in Studio City, with his two children, Lila and Oliver.
Motti Alfassi is the Accounting Manager at Pegasus Asset Management, where he is responsible for the day-to-day operations of the company’s accounting department. Specifically, Mr. Alfassi oversees Pegasus Asset Management’s client reporting, property reconciliations, establishment of internal accounting controls, and audit functions. Mr. Alfassi is primarily responsible for optimizing the portfolio’s accounting performance whereby he assists in maximizing the value and performance of the underlying asset’s value for clients and property owners.
Prior to joining Pegasus Asset Management in 2019, Mr. Alfassi was a Senior Accountant at Robertson Properties Group, where he was responsible for internal accounting functions for the firm’s portfolios. In this role, Mr. Alfassi was involved with producing monthly, quarterly, and yearly financial reports, preparing and reconciling common area maintenance budgets for both tenants and properties, managing cost accounting and overseeing the portfolio’s accounts receivables.
Before joining Robertson Properties Group, Mr. Alfassi was an Accounting Manager at Held Properties, where he held this position for over 10 years. While at Held Properties, Mr. Alfassi assisted in the preparation of financial reports, reconciled common area maintenance budgets, held the role of Payroll Manager, assisted in portfolio internal and external audits, and oversaw the portfolio’s collections.
Mr. Alfassi received his B.S. in Business Administration with emphasis on finance and real estate from California State University, Northridge in 2003 and lives in Los Angeles with his wife and their two children.
Jonathan Khoury is a Portfolio Manager 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.