Calleta Capital (“Calleta") is a privately held national real estate investment firm that specializes in the acquisition, development, management, ownership, and investment of multifamily, mixed-use, and luxury single-family real estate throughout the United States.

Calleta seeks to create long-term value through disciplined acquisitions, deal optionality, tax credit utilization, financial structuring, and intensive management oversight. The company also employs strategic partnerships in construction, legal, zoning, brokerage, and property management. With a deep understanding of local markets, a propriety sourcing and financial model, extensive due diligence & transaction experience, and intimate broker/owner relationships, Calleta is able to selectively structure and execute bespoke real estate transactions. The firm employs a disciplined bottom-up investment strategy that involves comprehensive upfront due diligence and downside stressing, all with the goal of generating the strongest risk-adjusted return. 

Calleta operates across multiple vertical organizations, including BGS Development and Clovis Investment Partners.

Investment Criteria

Asset Class:

Market-rate and Affordable Multifamily, Mixed-Use, Residential, and Luxury Single-Family Development

Strategy:

Value-add and Opportunistic (capital distress, pricing dislocations, mismanagement/underperforming)

Deal Size:

$10mm - $50mm Total Capitalizations

Structures:

Direct Equity, Joint Ventures, or Recapitalizations (Co-GP or preferred equity)