Alagem Capital Group
Alagem Capital Group is a Beverly Hills-based real estate investment and development firm founded in 2002 by Beny Alagem. It acquires, repositions, and develops luxury hospitality assets and mixed-use residential properties, operating three luxury hotels and developing One Beverly Hills.
- Company typePrivate
- Founded2002
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Alagem Capital Group does
Alagem Capital Group is a privately held real estate investment and development firm founded in 2002 by Chairman/CEO Beny Alagem and headquartered in Beverly Hills, California. The firm acquires, repositions, and develops luxury hospitality assets and mixed-use residential properties, with a current operating portfolio that includes The Beverly Hilton (566 rooms), Waldorf Astoria Beverly Hills (170 rooms), and Laguna Cliffs Marriott Resort & Spa (378 rooms), and previously included the Hilton Los Cabos Beach & Golf Resort in Mexico, which was acquired in 2006, repositioned with over $20 million in value-add renovations, and sold in 2013. The firm is currently developing One Beverly Hills, a 17.5-acre, 1.4 million-square-foot mixed-use project at the western gateway to Beverly Hills that will include up to 303 condominiums, 340 branded Aman residences, a 42-room Aman hotel, a private club, an 8-acre botanical garden, retail, and a conference center; construction broke ground in February 2024.
The firm's technical and operational capabilities center on luxury hospitality design, large-scale mixed-use entitlement, and sustainability infrastructure. The Waldorf Astoria Beverly Hills is LEED Gold Certified and incorporates Nostromo's IceBrick thermal energy storage and greywater reclamation systems; One Beverly Hills is planned as a LEED Gold and WELL Certified development with water-smart landscaping. Landmark projects are designed by Foster + Partners (Pritzker Prize-winning architect Lord Norman Foster), with RIOS handling the landscape architecture, while brand partners Hilton, Waldorf Astoria, and Aman provide global distribution, reservations, and loyalty infrastructure.
Alagem's revenue model combines recurring hotel operations revenue (rooms, F&B, events, spa) across its owned luxury properties, future one-time revenue from ultra-luxury condominium and residence sales at One Beverly Hills, and recurring private-club memberships through the Aman-operated private club. The firm has executed over $6 billion in capital transactions across acquisitions, dispositions, financing, construction, and renovation since inception, financed through senior debt, mezzanine financing (most recently a $500 million facility comprising $340M from Aareal Capital Corp. and $160M from Goldman Sachs' Broad Street Real Estate Credit Partners III), and development partnerships with global luxury hospitality brands including Cain International. The customer base targets luxury travelers, ultra-high-net-worth real estate buyers, and corporate event clients.
Alagem Capital Group firmographics
Firmographics- Name
- Alagem Capital Group
- Legal name
- Alagem Capital Group
- Website
- https://alagemcapital.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Alagem Capital Group is a Beverly Hills-based real estate investment and development firm founded in 2002 by Beny Alagem. It acquires, repositions, and develops luxury hospitality assets and mixed-use residential properties, operating three luxury hotels and developing One Beverly Hills.
- Ownership category
- akta.pro rank
Alagem Capital Group industry classification
Industry- Product category
- Luxury Hospitality Real Estate Investment
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
Keywords
Where Alagem Capital Group is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Alagem Capital Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Hotel Operations Revenue: Revenue from ownership and operation of luxury hotel properties including room rentals, food and beverage, events, and spa services across The Beverly Hilton, Waldorf Astoria Beverly Hills, and Laguna Cliffs Marriott Resort & Spa.
- Residential Real Estate Sales: Revenue from sale of luxury condominiums and residences at One Beverly Hills development. The project includes 303 condo units and 340 residences with prices expected to be among the highest in the country.
- Private Club Memberships: Revenue from private club offerings at One Beverly Hills, where amenities will be made available to select non-residents through a private club operated by Aman Group.
- Real Estate Refinancing: The company secured a $500 million loan from Aareal Capital Corp. ($340M senior) and Goldman Sachs ($160M mezzanine) to refinance The Beverly Hilton and Waldorf Astoria Beverly Hills.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Alagem Capital Group product offering
Product offeringCore offering
Alagem Capital Group is a real estate investment and development firm that acquires, develops, and manages luxury hospitality assets and mixed-use real estate projects. The company identifies strategic properties in premium locations, secures entitlements, invests in renovations and repositioning, and partners with global luxury hotel brands to operate the resulting assets. Its portfolio includes owned-and-operated luxury hotels and the One Beverly Hills mixed-use development featuring luxury condominiums, residences, an Aman hotel, and a private club.
Product overview
Alagem Capital Group operates as a real estate investment and development firm focused on hospitality and luxury residential properties. The company manages a portfolio of five major properties: The Beverly Hilton and Waldorf Astoria Beverly Hills (luxury hotels in Beverly Hills), Hilton Los Cabos Beach & Golf Resort (Mexico), Laguna Cliffs Marriott Resort & Spa (California), and the developing One Beverly Hills mixed-use project. The firm specializes in acquiring strategic properties, obtaining entitlements, and elevating them through renovation and repositioning to create attainable luxury experiences centered on wellness, technology, and sustainability.
Differentiator
Problem solved
Functional benefit
Products and services
- The Beverly Hilton A 4-star luxury hotel in Beverly Hills featuring 566 rooms including 92 suites and 9 penthouse suites, three F&B outlets, 39,750 square feet of ballrooms, and event spaces. The iconic property hosts the Golden Globe Awards, Milken Institute Global Conference, and Clive Davis Grammy Party, and has hosted all U.S. Presidents since opening.
- Waldorf Astoria Beverly Hills A 5-star luxury hotel featuring 170 guest rooms including 48 suites and 3 private villas, three signature dining venues, 4,500 square feet of ballroom space, and the internationally renowned La Prairie Spa. LEED Gold Certified with advanced greywater systems for water conservation and Nostromo's IceBrick energy storage technology.
- Hilton Los Cabos Beach & Golf Resort
Quantifiable outcome
- $6.0B+ in capital transactions completed
- +4 more outcomes
Companies that use Alagem Capital Group
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Alagem Capital Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Alagem Capital Group partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered strategic, core and major.
- Nostromo EnergystrategicProvider of breakthrough energy storage solutions for commercial buildings. The Beverly Hilton and Waldorf Astoria Beverly Hills partnered with Nostromo to launch sustainable energy storage system designed to reduce greenhouse gas emissions and enable hotels to reach sustainability goals.
- Aman GroupcoreLuxury hotel chain will operate One Beverly Hills property including 42-room hotel, 340 residences, and private club. This will be the first Aman hotel, branded residences and club on the West Coast.
- OKO GroupmajorPartnership with Cain International and Alagem Capital in One Beverly Hills development. OKO Group joined the development team alongside Aman Group for this transformative project.
- Foster + PartnerscorePritzker Prize-winning architect Lord Norman Foster and Foster + Partners created the master plan for One Beverly Hills, which was approved without changes in 2021.
- RIOSmajorLandscape architecture firm designed the 8-acre curated botanical garden featuring two miles of walking paths, sculpture garden, pools and water features for One Beverly Hills.
- HiltoncoreHilton serves as brand partner for The Beverly Hilton and Hilton Los Cabos Beach & Golf Resort, providing global distribution, reservations, and loyalty program capabilities.
- Waldorf AstoriacoreWaldorf Astoria brand operates Waldorf Astoria Beverly Hills, providing global luxury hospitality brand recognition and distribution.
Scale indicators9 records
Recent moves6 records
Expansion highlights5 records
Alagem Capital Group competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights6 records
Customer concentration
Alagem Capital Group social profiles
Digital presenceAlagem Capital Group compliance and trust
Trust signalCompliance6 records
Alagem Capital Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alagem Capital Group leadership team
Management profileNumber of profiles
Profiles1 record
Alagem Capital Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alagem Capital Group 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 Alagem Capital Group
What does Alagem Capital Group do?
Alagem Capital Group is a real estate investment and development firm that acquires, develops, and manages luxury hospitality assets and mixed-use real estate projects. The company identifies strategic properties in premium locations, secures entitlements, invests in renovations and repositioning, and partners with global luxury hotel brands to operate the resulting assets. Its portfolio includes owned-and-operated luxury hotels and the One Beverly Hills mixed-use development featuring luxury condominiums, residences, an Aman hotel, and a private club.
Is Alagem Capital Group a public or private company?
Alagem Capital Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Alagem Capital Group founded?
Alagem Capital Group was founded in 2002. It employs 11 to 50 people.
Where is Alagem Capital Group based?
Alagem Capital Group is headquartered in Los Angeles, United States, in the North America region.
How does Alagem Capital Group make money?
Four revenue lines are on record. Hotel Operations Revenue is the primary driver. The others are residential Real Estate Sales, private Club Memberships and real Estate Refinancing.
Does Alagem Capital Group have an API?
No public API is recorded for Alagem Capital Group.
What industry is Alagem Capital Group in?
Alagem Capital Group's product category is Luxury Hospitality Real Estate Investment. Its primary akta.pro industry code is BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management. Its NAICS code is 523940 and its SIC code is 6532.