Seth Bell is a Managing Director at Pegasus Asset Management, where he oversees the management and operation of over 200 properties encompassing more than 3 million square feet and over 750 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, and son, Owen.
Benn Schecter is a Vice President at Pegasus Asset Management where he oversees the management and operation of over 200 properties encompassing more than 3 million square feet and over 750 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.