Alidade Capital
Alidade Capital is a Bloomfield Hills, Michigan-based private real estate fund manager founded in 2010 that sponsors closed-end value-add funds targeting innovation industry tenants in US secondary markets, serving institutional investors, pension funds, family offices, and qualified purchasers with $556 million in AUM.
- Company typePrivate
- Founded2010
- HeadquartersBloomfield Hills, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Alidade Capital does
Alidade Capital, LLC is a privately held fund manager and SEC-registered investment adviser founded in 2010 by Mark T. Hammond, Geoffrey R. Langdon, and Steven J. Faliski, headquartered in Bloomfield Hills, Michigan. The firm sponsors closed-end private real estate funds focused on value-add investments in select secondary geographic markets across the United States. To date, the firm has launched six funds, with three fully harvested, and reports regulatory assets under management of approximately $556 million as of March 31, 2026, alongside $930 million in cumulative transaction volume across 122 investments (90 multi-tenant and 32 single-tenant net lease).
The firm operates two core investment strategies. The Multi-Tenant Value-Add strategy targets R&D Flex, shallow bay, flex, and advanced manufacturing industrial properties leased to innovation industry tenants, executed through sale-leasebacks, lease assumptions, build-to-suits, developer take-outs, forward commitments, lease restructurings, property expansions, joint ventures, and loans. The Single-Tenant Net Lease Value-Add strategy targets long-term net-leased assets with credit-worthy tenants and contractual rent escalations. Alidade Capital maintains five offices in Michigan (HQ), Arizona, Massachusetts, New York, and North Carolina to support regional acquisition coverage, and has built an international capital formation capability covering the Middle East, Asia, Europe, and the United States.
Revenue is generated through management fees on committed or invested capital across its closed-end funds, with the potential for performance-based carried interest upon successful fund harvesting. The firm serves institutional investors, pension funds, family offices, and qualified purchasers as limited partners. Distribution is handled directly through the firm's Investor Relations team via institutional conferences, direct outreach, and relationship-based capital formation, with no third-party placement intermediaries disclosed. The three co-founders remain active on the Executive, Investment, and Valuation Committees, and the firm employs 23 team members including senior leadership drawn from Flagstar Bank, Chase Manhattan, Heller Financial, STORE Capital, John Hancock/Manulife, and other established financial institutions.
Alidade Capital firmographics
Firmographics- Name
- Alidade Capital
- Legal name
- Alidade Capital, LLC
- Website
- https://alidadecapital.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Alidade Capital is a Bloomfield Hills, Michigan-based private real estate fund manager founded in 2010 that sponsors closed-end value-add funds targeting innovation industry tenants in US secondary markets, serving institutional investors, pension funds, family offices, and qualified purchasers with $556 million in AUM.
- Ownership category
- akta.pro rank
Alidade Capital industry classification
Industry- Product category
- Private Equity Real Estate Fund Management
- NAICS
- Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)
- akta.pro secondary industries
- Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL), Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)
Keywords
Where Alidade Capital is headquartered
LocationHeadquarters
- HQ city
- Bloomfield Hills
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Alidade Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management Fees: Alidade Capital earns management fees on its closed-end funds under management. The firm has sponsored five closed-end funds to date with a sixth fund launched in 2026. Revenue is generated through fund management and potentially carried interest upon fund harvesting.
- Carried Interest: Value-add real estate fund structure where managers earn performance-based carried interest upon successful fund harvesting and asset disposition.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Institutional Fund Investment |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Alidade Capital product offering
Product offeringCore offering
Alidade Capital is a fund manager and registered investment adviser that sponsors closed-end funds focused on value-add real estate investments primarily in select secondary geographic markets across the United States. The firm pursues two core strategies: a Multi-Tenant Value-Add Strategy targeting innovation industry tenants in R&D Flex, shallow bay, flex, and advanced manufacturing industrial properties, and a Single-Tenant Net Lease Value-Add Strategy focused on long-term single-tenant net leases with credit-worthy tenants.
Product overview
Alidade Capital is a fund manager and registered investment adviser that sponsors closed-end funds focused on value-add real estate investments. The company offers two core investment strategies: the Multi-Tenant Value-Add Strategy, which targets innovation industry tenants in R&D Flex, shallow bay, flex, and advanced manufacturing industrial properties in secondary markets; and the Single-Tenant Net Lease Value-Add Strategy, which focuses on long-term single-tenant net leases with credit-worthy tenants. Alidade Capital has sponsored six closed-end funds to date, with Fund VI launched in 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Multi-Tenant Value-Add Strategy
- Single-Tenant Net Lease Value-Add Strategy
Quantifiable outcome
- $332.3 million in acquisitions completed for Fund IV across 27 assets
- +2 more outcomes
Companies that use Alidade Capital
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Alidade Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Alidade Capital partnerships and signals
Strategic signalScale indicators8 records
Recent moves11 records
Expansion highlights5 records
Alidade Capital competitors and assessment
Company assessmentBroad incumbents
- CIM Group: Large diversified real estate and infrastructure investment manager with urban and value-add strategies; comparable as an institutional private real estate fund sponsor with multiple product lines, though significantly larger and more diversified than Alidade.
- Crow Holdings Capital: Long-standing Dallas-based real estate investment manager with value-add, development, and income strategies across multiple property types; comparable institutional LP base and fund structure, though larger AUM and broader geographic footprint.
- Link Logistics: Large industrial-focused real estate investment manager and Blackstone portfolio company; comparable in industrial property focus though significantly larger scale than Alidade.
Direct peers
- Marcus Partners: Value-add real estate private equity manager focused on Boston and other secondary East Coast innovation markets with multi-tenant repositioning strategies; directly comparable to Alidade's multi-tenant value-add approach and target geography.
- Berkeley Investments: Boston-based real estate investment manager specializing in value-add and development projects in select urban and innovation markets; comparable size and strategy focus to Alidade, with overlap in life sciences and innovation tenant theses.
- Spear Street Capital: Real estate private equity firm focused on value-add office and life science investments in select secondary markets; highly comparable to Alidade's innovation-tenant repositioning thesis in non-gateway cities.
- Long Wharf Real Estate Partners: Boutique value-add real estate private equity firm targeting secondary and tertiary markets; comparable firm size, fund structure, and secondary-market investment thesis to Alidade.
- STORE Capital (subsidiary of GIC/Oak Street): Single-tenant net lease real estate investment platform; directly comparable to Alidade's Single-Tenant Net Lease Value-Add strategy, where Alidade recently hired a Portfolio Manager and Head of Acquisitions from STORE Capital.
- Hillwood Investment Properties: Industrial-focused real estate developer and investor with strong secondary-market and innovation corridor presence; overlaps with Alidade's R&D Flex and advanced manufacturing industrial strategy.
Others
- Fortress Investment Group: Diversified alternative asset manager with real estate, credit, and private equity strategies; comparable LP-relationship-driven institutional capital raising rather than direct product competition.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Alidade Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alidade Capital leadership team
Management profileNumber of profiles
Profiles15 records
Alidade Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alidade Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alidade Capital
What does Alidade Capital do?
Alidade Capital is a fund manager and registered investment adviser that sponsors closed-end funds focused on value-add real estate investments primarily in select secondary geographic markets across the United States. The firm pursues two core strategies: a Multi-Tenant Value-Add Strategy targeting innovation industry tenants in R&D Flex, shallow bay, flex, and advanced manufacturing industrial properties, and a Single-Tenant Net Lease Value-Add Strategy focused on long-term single-tenant net leases with credit-worthy tenants.
Is Alidade Capital a public or private company?
Alidade Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Alidade Capital founded?
Alidade Capital was founded in 2010. It employs 11 to 50 people.
Where is Alidade Capital based?
Alidade Capital is headquartered in Bloomfield Hills, United States, in the North America region.
How does Alidade Capital make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are carried Interest.
Who are Alidade Capital's main competitors?
Broad incumbents on record are CIM Group, Crow Holdings Capital and Link Logistics. Direct peers are Marcus Partners, Berkeley Investments, Spear Street Capital, Long Wharf Real Estate Partners, STORE Capital (subsidiary of GIC/Oak Street) and Hillwood Investment Properties. Fortress Investment Group is listed as an others.
Does Alidade Capital have an API?
No public API is recorded for Alidade Capital.
What industry is Alidade Capital in?
Alidade Capital's product category is Private Equity Real Estate Fund Management. Its primary akta.pro industry code is BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE), with a secondary code of BPAJABAL, Capital Markets Advisory (Equity Placement, JV & Recapitalization). Its NAICS code is 52394 and its SIC code is 6282.