Fund Overview:
ALTO Real Estate Investments is an Evergreen fund established in July 2022 by the ALTO group. The fund allows non-American investors to invest through a financial structure based on an American REIT. ALTO was founded in 2009 by Modi Kidon and Yaniv Malamud. The group manages the fund, and the management team are also partners in the fund, with extensive experience in the field and collaborative work. Since its inception, the ALTO group has launched 3 previous investment funds in commercial real estate at prime locations in the United States. To date, ALTO has acquired a total of 77 properties valued at over $1.5 billion. The fund has 3 active offices in the United States (Dallas, Orlando, and Columbus) and one office in Israel (Tel Aviv). The general partner intends to conduct an IPO in the Israeli capital market, which would allow, among other things, the conversion of existing investor rights into tradable rights. If the offering does not take place, the fund is committed to redeeming investors who wish to sell, starting from the fifth year within a three-year period.

Strategy:
The fund specializes in commercial real estate properties and focuses on major metropolitan areas in the US – Texas and Florida. It targets two key segments: acquiring existing neighborhood shopping centers, where the fund will implement property enhancement plans,  and developing modern logistics centers by purchasing designated land and initiating construction (with a construction period of approximately 7-9 months). As an Evergreen fund, Alto Real Estate Investments aims for long-term asset holdings, generating ongoing returns that will be distributed to investors along with value appreciation resulting from the fund’s investment strategies.