Seasoned Real Estate Investment and Operations Executive to Help Lead the Continued 
Build-Out of the Andover Platform

NEW YORK, Nov. 10, 2026 /PRNewswire/ -- Andover Properties ("Andover"), a vertically integrated alternative real estate investment manager, today announced that Jason Betesh, former Chief Operating Officer at Palatine Capital Partners, has joined the firm as COO. Betesh will work closely with Andover President and Chief Executive Officer Brian Cohen, and Chief Investment Officer Zach Harding to continue to advance the firm's strategic priorities, platform expansion, operational infrastructure, and capital formation initiatives.

Betesh brings more than 20 years of real estate investment and operations experience to Andover. During his more than 16-year tenure at Palatine, he helped scale the firm from less than $10 million to more than $1 billion in assets under management. As a member of Palatine's Investment and Executive Committees, he oversaw operations, systems and technology, led the firm's student housing, parking and special situations investment strategies, and contributed to capital raising efforts.

"Jason has spent his career building the institutional infrastructure that allows a real estate investment platform to scale with diligence and discipline," said Cohen. "He combines an investor's judgment with an operator's focus, and brings a process-driven approach, ownership mindset, and deep commitment to everything he does. We are thrilled to welcome him as a partner of Andover and look forward to benefiting from his experience as we continue to grow the business."

"Over the last 23 years, Andover has proven itself a true owner-operator backed by a differentiated platform with in-house expertise that drives alpha and returns," Betesh added. "Andover's impressive combination of investment and operating acumen, alongside its partnerships with some of the most respected institutional real estate investment firms, made this a compelling opportunity. I'm excited to work with Brian, Zach and the talented team to build on the firm's strong existing foundation and contribute to our future growth."

Since its founding, Andover has invested more than $1.7 billion of equity alongside leading institutional partners, including AEW, Apollo, Ares, Blackstone, Heitman and TPG Angelo Gordon, as well as a growing base of family offices, registered investment advisors and high-net-worth individuals. The firm's lending program has originated more than $1 billion of loans since 2023.

About Andover Properties
Founded in 2003, Andover Properties is a vertically integrated investment manager specializing in alternative real estate sectors, including self storage, manufactured housing, RV parks, small-bay industrial, and car washes. The firm is one of the largest private owner-operators of self storage in the United States, with more than 15 million square feet across over 180 facilities in 20 states. Andover is headquartered in New York City with offices in Miami and San Francisco. For more information, visit www.andoverprop.com.

For media inquiries:
Andover Properties
press@andoverprop.com

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SOURCE Andover Properties