Opterra Capital

Overview

Opterra Capital is a real estate investment sponsor and operating partner, capital markets advisor, and asset manager with significant experience in all sectors of commercial real estate. Founded by Glenn Alba, a former Managing Director at Blackstone with over 25 years of experience in real estate, Opterra Capital seeks to leverage this expertise towards value-add acquisition and proactive investment management to deliver attractive, risk-adjusted returns. Today, their professionals combined have more than 80 years of experience, including more than $10 billion worth of hotel transactions; the asset management of over 280 hotels totaling more than 46,000 rooms; and the oversight of 20 hotel development and renovation projects worth over $3 billion. As a steward of clients’ funds, Opterra Capital endeavors to deliver attractive, risk-adjusted returns. They seek to capitalize on value-driven mid-market opportunities in the $25 -150 million range in the United States, Canada, and the Caribbean by tapping into their extensive industry network. Their investment strategy is strongly influenced by their deep asset management experience to identify the proper capital repositioning, cost reduction, and operating leverage opportunities inherent in each asset to maximize returns to investors. Opterra Capital's portfolio includes notable projects such as the acquisition of the 180-room Holiday Inn Boca Raton North in Florida, the purchase of a 3-hotel portfolio totaling 345 rooms in Sarasota, Florida, and the development of a Moxy by Marriott hotel in Charleston, South Carolina. These investments reflect Opterra Capital's commitment to enhancing the value of hospitality assets in high-growth markets through strategic acquisitions and developments.

Investment Focus

• Mid-market opportunities in the $25 -150 million range
• Properties in the United States, Canada, and the Caribbean
• Assets with potential for value-add acquisition and proactive investment management

Portfolio Companies