ALTO Real Estate Funds

Alto Real Estate Funds was founded in 2010 by Mody Kidon and Yaniv Melamud. The Alto closed end funds invest in commercial properties - primarily retail - in the U.S., with offices in Manhattan, Dallas and Tel Aviv. As of September 2016, Alto has invested $1 billion in total property value, with some 50 properties covering 11 million sq.f.[1]

Alto has two funds:

Fund I

Established in 2012, this $28 million fund has invested in seven assets totaling $273 million.

Fund II

Established in 2014, this $137 million fund has invested in 38 properties totaling $600 million.[2]

References

  1. ↑ "Mody Kidon's ALTO Real Estate Fund Has Raised..." (Press release). Business Wire. 14 July 2015. Retrieved 4 September 2016.
  2. ↑ "ALTO Fund II Acquires Washington Park Plaza Shopping Center" (Press release). Business Wire. 25 July 2016. Retrieved 4 September 2016.
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