Who we are
Alidade Capital is a fund manager and Registered Investment Advisor that currently manages four real estate value-add funds.
Alidade Capital History
In 2010, co-Founders Mark Hammond, Geoff Langdon, and Steve Faliski raised “Fund I” as an investment vehicle to capitalize on their collective abilities, identifying real estate market fragmentations with the potential of generating significant returns. Fund I successfully raised and invested in a diversified pool of real estate assets weighted toward multifamily residential projects poised for re-positioning after the global financial crisis.
Following the initial success of Fund I, Alidade Capital launched “Fund II.” Together with additional capital from Fund I, Fund II invested in a diversified pool of real estate assets weighted on industrial and flex properties in select markets. Investments capitalized on the resurgence in automotive and manufacturing in the markets identified by Alidade Capital.
Alidade Capital’s investment team once again identified market fragmentations, exploiting market conditions and opportunities. Sensing the ability to acquire properties being artificially undervalued, Alidade Capital launched Fund III, weighted towards investments in flexible Research and Development properties in select markets. Fund III acquired many properties in secondary markets with what are believed to be strong underlying fundamentals. As with prior acquisitions, Alidade Capital was able to purchase what it believes to be highly desirable assets below replacement cost.
Fund III was fully invested in 2016, having invested $169.8 million in assets by year end. Alidade Capital launched Fund IV in 2017. Fund IV employs the same investment philosophy as the prior funds, targeting areas of attractive opportunities throughout select secondary markets.