III
Sopris Real Estate
Practice

Where inefficiency runs deepest,
we write the smaller check.

A team of experienced, opportunistic real-estate investors. Co-GP investments and LP secondaries at the $1M–$15M sub-institutional check size, where pricing dislocations are most pronounced. Asset-class-agnostic. Geography-flexible.

Elev. / 12,966 FT · MOUNT SOPRISCoord. / 39.3925° N · 107.0828° WPractice / Real Estate
The Real Estate approach
01 of 03
Co-GP.

Operating partners get a co-GP with conviction, alignment, and a balance sheet that closes.

02 of 03
Secondaries.

Sub-$15M LP positions in dislocated real-estate partnerships — where liquidity is scarce and pricing reflects it.

03 of 03
Underwrite.

The dislocation, not the asset class — multifamily, industrial, hotel, conversion, credit.

Co-GP & LP Secondaries · $1M – $15M

These opportunities exist because both markets remain underserved by the standard real-estate capital stack.

<$500K
$500K – $1M
$1M – $15M
$15M – $50M
$50M+
Retail / Individual
Family-office Niche
Sopris Real Estate
Mid-market Funds
Institutional
Sub-$15M positions, where illiquidity and inefficiency are most pronounced · Asset-class agnostic · Geography flexible
01 /
Co-GP

We back operating partners who need a co-GP — bringing speed, alignment, and a balance-sheet partner.

02 /
LP Secondaries

We take sub-$15M positions in real-estate partnerships where holders need liquidity and pricing is dislocated.

03 /
Asset Class

Multifamily, industrial, office-to-residential, hotel, credit — we follow the dislocation, not the asset class.

04 /
Geography

From the Roaring Fork Valley to the Atlantic seaboard — wherever the inefficiency runs deepest.

Real Estate Deal Archetypes
North Berwick Golf Club Hotel Redevelopment
hospitality · North Berwick, Scotland

Hotel redevelopment on North Berwick Golf Club.

Royal County Down Hotel Redevelopment
hospitality · Newcastle, Northern Ireland

Hotel redevelopment bordering Royal County Down Golf Club.

St. Andrews Golf Club Hotel
hospitality · St. Andrews, Scotland

Hotel redevelopment on the 17th hole of the St. Andrews Golf Club.

Royal Troon Old Course Hotel Redevelopment
hospitality · Troon, Scotland

Hotel redevelopment with unobstructed views of the 1st and 18th fairways of Royal Troon's Old Course.

Drive-to-Leisure Hospitality Platform
hospitality · Various, USA

Affordable drive-to-leisure hospitality platform located near national parks catering to outdoor enthusiasts.

Nashville Opportunity Zone Mixed-Use
mixed-use · Nashville, TN

Opportunity-zone adaptive-reuse and mixed-use ground-up development project.

Opportunity Zone Multifamily Development
multifamily · Various, USA

High-quality multifamily development and redevelopment projects in Opportunity Zones.

Southeast Value-Add Multifamily
multifamily · Various, USA

Value-add multifamily properties within U.S. Southeast markets.

The Sopris Real Estate Team