Altera Fund Advisors is a diversified commercial real estate firm focused primarily on investing in medical and healthcare-related real estate assets as an advisor, sponsor, and general partner.

Altera Fund Advisors and its affiliates have acquired approximately $450 million of real estate assets across predecessor partnerships and vehicles.

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Houston, Texas

Pin Oak Park

Total Square Footage: 505,106 SF

Acquisition Date: XXXX 2024

Unrealized

XXXX

Houston, Texas

T-Mobile Tower

Total Square Footage: 140,012 SF

Acquisition Date: April 2024

Unrealized

This offering represents a unique opportunity to invest in a well-located, urban medical outpatient building which has been historically mismanaged, resulting in a currently under valued piece of real estate. The building is currently 68% leased with rents 30% below market. The property is being purchased for $99/SF and the partnership plans to invest $51/SF in capital improvements in order to reposition the property to a Class B+ asset, which is roughly 45% of the replacement cost of the building.