Facility underscores Alpaca Real Estate’s continued platform growth
Alpaca Real Estate (“ARE”), an alternative investment management firm, announced today the closing of a $50 million credit facility with Stifel Bank. This financing marks another key milestone in the firm’s growth, reflecting both the significant progress made in advancing its opportunistic investment strategy and the growing confidence that leading institutions have in its ability to deliver strong results.
In addition to the Stifel Bank credit facility, GCM Grosvenor, a global leader in alternative investments, provided anchor capital to Alpaca Real Estate, made on behalf of several major investors in conjunction with ARE’s launch in late 2023.
“Real estate private equity has generally navigated a particularly challenging financing and capital-raising environment, so achieving this milestone just over a year after our launch is a major accomplishment,” said Peter Weiss, Managing Partner of ARE. “It speaks to the strength of our team, the resilience of our platform, and the robust investment opportunity set. ARE remains focused on being a liquidity provider at reset valuations in the tailwind sectors of residential and industrial real estate. This facility with Stifel positions us well to manage our business at an institutional level, while continuing to capitalize on attractive opportunistic investments.”
“We’re excited to support Alpaca Real Estate with their fund banking needs. We look forward to witnessing ARE’s growth as Peter and Daniel leverage their deep real estate and fund management expertise, alongside the institutional support from GCM Grosvenor and synergies with the broader Alpaca platform,” said Brad Ellis, Managing Director of Stifel Bank.
About Alpaca Real Estate:
Alpaca Real Estate is a real estate private equity firm where innovation meets real assets, maximizing the potential of traditional real estate investing. ARE utilizes a thematic investment approach to acquire and manage traditional and niche real estate investments with an emphasis on properties that require recapitalization, repositioning, strategic capital, and/or physical transformation. ARE integrates relationships fostered through Alpaca VC with innovative operating platforms to unlock asymmetric upside potential, creating option value in excess of traditional real estate business plans.
For more information, visit www.alpacarealestate.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250121153869/en/
Contacts
Media:
ICR on behalf of Alpaca Real Estate
Megan Kivlehan | megan.kivlehan@icrinc.com
