Opportunistic capital deployed across real assets, operating businesses, structured credit, and special situations—where complexity creates mispricing and execution creates alpha.
The gap between what a seller says they want and what they actually need is where value is created. Reading these dynamics—not just modeling them—is our edge.
The ability to underwrite, decide, and close in weeks—not quarters—is worth hundreds of basis points. We don't have investment committees. We have conviction.
Broker networks, lender trust, and brand relationships built over $500M+ in transactions give us access and execution that can't be replicated with capital alone.
Seller financing, loan assumptions, JV restructures, rescue capital—these aren't problems to avoid. They're advantages to exploit.
Capital deployed across four verticals—wherever risk-adjusted returns are strongest.
Controlling equity in underperforming, distressed, or transitional real assets. Branded hotels, independent hospitality, value-add multifamily, and mixed-use repositioning.
Cash-flowing companies with operational upside. Hospitality-adjacent services, asset-backed operators, and fragmented industries with roll-up potential.
Preferred equity, mezzanine debt, bridge loans, note purchases, and rescue capital. Current income with asset-backed downside protection.
High-alpha opportunities where execution speed and creativity matter most. Distressed note purchases, partnership buyouts, time-sensitive recaps, off-market acquisitions.
Target returns are gross and not guaranteed. Actual returns depend on deal-specific factors.
Anyone can build a model. The edge is knowing what inputs are real. Markets don't move on formulas—they move on behavior.
$500M+ in advisory transactions. Relationships with 200+ brokers, lenders, and operators. We see deals before they're marketed.
We read seller psychology, lender fatigue, and partnership friction. We know what they need before they say it.
No committees. No consultants. Underwrite in days, close in weeks. Speed is worth basis points.
We reposition brands, replace management, optimize revenue, and execute business plans hands-on.
Direct relationships with Hilton, Marriott, Hyatt, IHG, Wyndham, Choice—and JP Morgan, Morgan Stanley, UBS, Citi, Wells Fargo.
Seller financing, loan assumptions, JV restructures, rescue capital. We solve problems others can't structure.
Investment committee-level analytics and reporting—delivered to our investors without the 2-and-20 fee structure. The same rigor institutions demand, built for the returns individual investors deserve.
The same valuation methodology used by top-tier funds—income approach, sales comps, replacement cost—with real-time sensitivity modeling across cap rates, NOI, and exit scenarios.
Every investment presented with USALI-compliant proformas, franchise economics, debt coverage analysis, and downside stress testing. The diligence big LPs expect, now standard.
Live performance dashboards tracking RevPAR, GOP margin, debt yield, and IRR against underwriting. Full transparency into how your capital is performing—not quarterly, continuously.
Direct STR data integration, comp set monitoring, and supply pipeline tracking. The market intelligence that drives institutional decisions, available to every investor in our deals.
Investor capital protection first. GP performance rewarded through equity conversion above hurdle returns.
Investors receive priority distributions until 100% return of capital.
Investors earn 8% annually before any GP profit participation.
Upon achieving return thresholds, ownership converts to reward GP performance.
Above-hurdle profits shared per waterfall. GP co-invests in every deal.
Besen Hotel Advisory Group—the foundation of our sourcing network and market intelligence.
Senior Director at Besen Hotel Advisory Group. Deep expertise in hotel investment sales, distressed acquisitions, and capital markets. Advises owners, investors, and lenders through the full transaction lifecycle across 15+ states.
Co-founder, NYC Minority Hotel Owners Association. Active member: AAHOA, HANYC, AHLA. NYC City Council testimony on hospitality policy.
Crain's New York, BISNOW, Hotel Management, New York Real Estate Journal.
JP Morgan, Morgan Stanley, UBS, Bank of America, Citi, Wells Fargo, Deutsche Bank.
Hilton, Marriott, Hyatt, IHG, Wyndham, Choice Hotels.
Introductory call to discuss platform, strategy, and fit. Review current pipeline. NDA execution for specific deals.
Offering Memorandum with underwriting detail, business plan, and risk factors. Q&A session with GP.
Execute Subscription Agreement and LLC Operating Agreement. Accredited investor verification. Fund capital call.
Quarterly reporting: financials, asset updates, distributions. Annual K-1 delivered by March 15.
Proceeds distributed within 30 days of closing. Final K-1 and waterfall reconciliation. 1031 coordination if applicable.
Tax benefits depend on individual circumstances. Consult your tax advisor.
Stress-test every assumption. Model downside scenarios. Require margin of safety in basis.
No single deal exceeds 20% of platform capital. Geographic and product-type spread.
Preferred equity, asset-backed collateral, personal guarantees, covenant protections.
Monthly financials, quarterly site visits, direct operator oversight.
Multiple paths: refinance, sale, recap, or hold. Not dependent on one exit window.
GP co-invests in every deal. Our capital is at risk alongside yours.
Accredited investors. Deal-by-deal syndication.
Current opportunities available upon NDA execution.
Access quarterly reports, K-1 documents, capital account statements, and deal-level performance updates.
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