Highline Real Estate Capital

What Highline Real Estate Capital does

Highline Real Estate Capital is a Miami-based, privately held, value-focused real estate investment and advisory firm founded in 2016 by David Moret. It operates through two principal channels: principal investing via Highline Real Estate Fund 1, LLC and fee-based advisory via HRE Advisors. The firm pursues three distinct investment strategies targeting differentiated risk-adjusted returns: an Opportunistic strategy targeting 17%+ leveraged IRR over 2-5 year holding periods; a Value Add strategy targeting 12%+ leveraged IRR over 3-7 year holding periods; and a Long-Term Cash Flow (evergreen) strategy targeting 9%+ stabilized cash-on-cash returns over 7+ year holding periods. Deal sizes range from $3M to $200M+ and span retail, multifamily, office, and industrial assets with a primary focus on the Southeast United States and selective consideration of other growth markets.

Revenue is generated through three streams: asset management fees on assets managed on behalf of institutional and private capital investors (managed-services model), acquisition fees on sourced and closed transactions (transaction-fee model), and performance/carried interest tied to investment outcomes (transaction-fee model). Pricing is negotiated deal-by-deal and not publicly disclosed. The customer base is concentrated in two primary segments: institutional capital providers (priority) seeking a high-quality operating partner for real estate deployment, and private real estate owners seeking joint-venture equity, co-GP arrangements, or capital enhancement for undercapitalized or transitional assets. Secondary deal flow is sourced through real estate brokers identifying off-market opportunities or tenant-driven requirements.

Underlying capabilities rest on a four-person senior team with deep regional networks and $5 billion+ in collective career transaction experience, $695 million of which has been deployed through the Highline platform. The platform itself is described as a conventional real estate investment management workflow leveraging market relationships, transaction data, and market knowledge rather than proprietary technology infrastructure. Distribution is direct and relationship-driven, supported by a Juniper Square-based investor portal, with no indication of AI/ML capability, software-as-a-service products, or scalable technology platform.

Name

Highline Real Estate Capital

Legal name

Highline Real Estate Capital

Website

https://highlinerealestatecapital.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Highline Real Estate Capital is a Miami-based, privately held real estate investment and advisory firm founded in 2016 that acquires and manages value-add, opportunistic, and long-term cash-flow assets across the Southeast US on behalf of institutional and private capital partners.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Offices of Real Estate Agents and Brokers (5312), Other Activities Related to Real Estate (531390)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531), Investment Advice (6282)

akta.pro primary industry

Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)

akta.pro secondary industries

Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Real Estate Capital Markets Brokerage (Debt & Equity Placement) (FSAEAJAK), Real Estate Advisory & Consulting (Strategy, Portfolio & Location) (FSAEAJAH)

Keywords

• Real estate investment
• Value-add investments
• Asset management services
• Real estate advisory
• Opportunistic real estate

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: Fees charged for managing real estate assets on behalf of institutional and private capital investors.
2. Performance/Carried Interest: Carried interest from investment returns on value-add and opportunistic strategies, typically 17%+ leveraged IRR for opportunistic and 12%+ for value-add investments.
3. Acquisition Fees: Fees generated from sourcing and closing real estate acquisitions ranging from $3M to $200M+.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Highline Real Estate Capital is a value-focused real estate investment and advisory firm that operates as an operating partner for institutional and private capital providers. It acquires and manages retail, multifamily, office, and industrial assets across the Southeast United States through value-add, opportunistic, and long-term cash flow strategies, with deal sizes ranging from $3M to $200M+. The firm also provides real estate advisory services to private and institutional owners, lenders, and investors through HRE Advisors.

Product overview

Highline Real Estate Capital is a value-focused real estate investment and advisory firm that operates through two primary investment strategies: (1) Value Add/Opportunistic investments made through Highline Real Estate Fund 1, LLC, and (2) Cash Flow/Evergreen investments that are separately capitalized. The firm also provides advisory services through HRE Advisors. The company focuses on retail, multifamily, office, and industrial properties in the Southeast United States, with deal sizes ranging from $3M to $200M+.

Differentiator

Problem solved

Functional benefit

Brands

• Highline Real Estate Fund 1, LLC: The primary investment vehicle for value-add and opportunistic real estate investments, used for direct acquisitions and joint ventures with strategic partners and existing owners.

Products and services

• Highline Real Estate Fund 1, LLC The primary investment vehicle for Highline's value-add and opportunistic real estate strategy, used for direct acquisitions and joint ventures with strategic partners and existing owners. Targets situationally impaired assets across retail, multifamily, office, and industrial properties in the Southeast United States.
• Long-Term Cash Flow / Evergreen Investments Separately capitalized long-term cash flow investments targeting 9%+ stabilized leveraged cash-on-cash returns with 7+ year holding periods. Focus on durable cash flow, below-market in-place rents, and discounts to replacement costs across assets in the Southeast US.
• Capital Solutions (Preferred Equity, Rescue Capital, Mezzanine Loans) Capital solutions offered to existing real estate owners, including preferred equity, rescue capital, and mezzanine loans, designed to help stabilize or reposition transitional or undercapitalized assets.
• HRE Advisors Advisory services delivered to private and institutional owners, lenders, and investors, leveraging the principals' relationships, experience, and market knowledge. Includes asset management and capital solutions advisory work.

Quantifiable outcome

• $5 billion+ in career real estate transactions across multiple asset types and geographies
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and supporting.

• Existing Property OwnerscoreStrategic or Co-development PartnerHighline provides capital and expertise to help existing owners stabilize or reposition transitional or undercapitalized assets through Co-GP/Sponsor Enhancement arrangements.
• Real Estate BrokerssupportingChannel Partner/ Reseller/ DistributorHighline partners with brokers who identify off-market opportunities or have tenant requirements that drive investment opportunities. Brokers identify and bring deals to Highline for execution.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Crow Holdings Capital: Texas-based private real estate investment manager with multiple funds investing across opportunistic, value-add, and core strategies. Closely comparable to Highline's multi-strategy fund structure and operating partner model for institutional capital.
• PCCP LLC: Private equity real estate firm providing equity, mezzanine, and preferred equity capital across US markets. Comparable to Highline's capital solutions offerings (preferred equity, mezzanine) alongside value-add equity investing.
• Marcus & Millichap: Commercial real estate investment sales and financing brokerage firm. Comparable to Highline's capital markets and investment advisory functions, though primarily a brokerage rather than principal investor.
• Walker & Dunlop: Commercial real estate finance company providing debt and equity capital across multifamily and other CRE assets. Comparable to Highline's capital solutions (mezzanine, preferred equity, rescue capital) and CRE investment focus.
• Rialto Capital Management: Miami-based real estate investment manager affiliated with Lennar that invests across equity and debt strategies, including distressed and value-add opportunities. Directly comparable given Principal Matt Papunen's prior executive role and overlapping Southeast US / opportunistic investment focus.
• Sterling Organization: Boutique retail-focused real estate investment manager. Highly comparable to Highline's retail investment platform led by Partner David Milgram, who was previously VP of Investments at Sterling covering the Southern US.
• Bridge Investment Group: Vertically integrated real estate investment manager operating multiple sector-specialized funds (multifamily, office, senior housing). Comparable to Highline's multi-strategy, multi-sector capital deployment and institutional LP base.

Regional players

• Eastdil Secured: Premier commercial real estate investment banking firm specializing in large-cap property sales, financings, and recapitalizations. Comparable to Highline's capital markets advisory and JV/recapitalization work, though typically serving much larger transactions.

Broad incumbents

• CBRE Group: World's largest commercial real estate services and investment firm. Overlaps with Highline's investment sales, capital markets advisory, and asset management activities, but at vastly greater scale and global geographic breadth.
• JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm. Comparable to Highline's advisory and capital markets offerings, though far larger and broader in scope, spanning brokerage, property management, valuation, and capital markets advisory.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/highline-real-estate-capital.

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Highline Real Estate Capital