Alternative investments management firm Alpaca has introduced Alpaca Real Estate (ARE), led by co-founders Daniel Carr and Peter Weiss. The platform’s inaugural real estate offering is supported by capital from GCM Grosvenor, representing multiple investors.
ARE plans to leverage its industry expertise and strategic relationships to identify opportunities in the real estate market, particularly in sectors affected by capital market dislocations. “Today’s reset real estate market creates a prime opportunity for a cycle-tested team to establish a platform with dry powder and without any legacy asset management issues,” said Carr.
The team will focus on investments requiring recapitalization, repositioning, strategic capital, physical transformation, and the application of technology and operational enhancements to enhance efficiency and generate incremental returns. Alpaca aims to combine real estate returns with technology-driven overlays to provide value to institutional investors.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.