Alpaca Real Estate (ARE) has held a final close of its inaugural vehicle, Alpaca Real Estate Fund (Fund I) with approximately $223 million in total capital commitments, inclusive of co-investments closed to date of approximately $21 million.
The final close comes approximately 18 months after the fund’s first close and reflects sustained institutional demand for ARE’s differentiated investment strategy and market leading AI-enabled technology stack. ARE combines a thematic real estate acquisition and development focus on infill industrial and high-density residential with a proprietary sourcing platform.
"The successful close of our debut fund amid a challenging fundraising environment is a testament to the strength of our seed portfolio, disciplined investment strategy, and our intelligently designed AI-centric data and analysis platform,” said Peter Weiss, co-founder and managing partner, Alpaca Real Estate.
ARE has established itself as a leader and pio
