Alpaca Real Estate combines a technology-enabled investment platform with institutional real estate judgment. The firm uses standardized data and agentic artificial intelligence (AI) to accelerate sourcing, underwriting, research and asset management — while keeping accountability and final investment decisions with its investment professionals.
The firm recently held a final close for Alpaca Real Estate Fund I, with approximately $223 million in total capital commitments, including co-investments closed to date. In an exclusive interview with Institutional Real Estate, Inc., Peter Weiss and Daniel Carr, co-founders and managing partners at the firm, discussed the role data and AI play in the investment process, from sourcing and underwriting to portfolio monitoring and asset management, as well as the human elements of investing that technology cannot replace.
“We started with a clean slate and a clear focus on data infrastructure,” says Weiss. “When AI really
