Acquiring exceptional assets at exceptional bases.

Blackacre is a private real estate investment firm specializing in the acquisition of distressed and special-situation properties substantially below replacement cost, and their conversion to highest and best use.

The Thesis

Distressed & opportunistic.

We acquire distressed and special-situation real estate substantially below replacement cost, where basis, not projection, creates the margin of safety.

Irreplaceable locations.

Central locations where replacement cost is prohibitive and demand is durable, converted to their highest and best use.

A proprietary model.

How we source, underwrite, and structure is deliberately undisclosed. We publish outcomes, not methods.

1.2M
Square feet under ownership
900+
Residential units
6
Markets
Every asset
Acquired below replacement cost
Selected WorkView spaces →
Residential tower at dusk, Blackacre property
Office building, aerial view, Blackacre property
Residential building exterior, Blackacre property
For Investors

Blackacre partners with a limited number of families and institutions. Introductions are reviewed by the Investment Committee.

For Asset Owners & Brokers

We review distressed and special-situation opportunities in confidence and respond as principals, quickly and directly.