An attorney-founded real estate investment firm.
Blackacre was built by principals who underwrite, structure, and design in the same room. That vertical fluency — legal, financial, and architectural — is how the firm converts complexity into basis.
The firm acquires assets others find difficult to own — properties encumbered by receivership, distress, vacancy, or obsolescence — and returns them to productive use. Where most buyers see risk in complexity, Blackacre sees the source of basis.
Every acquisition is underwritten to a single standard: a purchase price below the cost to build the asset again. From that footing, an in-house conversion methodology repositions the property to its highest and best use, most often stabilized multifamily and mixed-use.
Blackacre partners with a limited number of families and institutions who share a long time horizon and a preference for ownership over speculation.
Underwriting first.
We buy on basis, not narrative. The margin of safety is proven at purchase.
Design as capability.
Conversion is a craft, kept in house — underwriting and architecture developed together.
Ownership, not exits.
We are principals who hold what we build for durable, long-duration income.
Founder & Principal
Attorney-founded and principal-led. Full biography to follow.