By Karen Roman
Real estate private equity company Alpaca Real Estate said it closed a $50 million credit facility with Stifel Bank.
Additionally, alternative investments firm GCM Grosvenor supplied anchor capital to Alpaca Real Estate in late 2023, it stated.
“ARE remains focused on being a liquidity provider at reset valuations in the tailwind sectors of residential and industrial real estate,” said Peter Weiss, ARE’s Managing Partner. “This facility with Stifel positions us well to manage our business at an institutional level, while continuing to capitalize on attractive opportunistic investments.”
For more information visit www.alpacarealestate.com.
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