MSRED Lecture: Daniel Carr, Alpaca Real Estate

Daniel Carr ‘11 MSRED | Co-Founder and Managing Partner, Alpaca Real Estate

Daniel Carr '11 MSRED is a Co-Founder and Managing Partner of Alpaca Real Estate. In this capacity, he is responsible for the Firm’s investment strategy, capital markets, asset management, portfolio management and is a member of the Investment Committee and the Board of Directors of ARE. Mr. Carr has over a dozen years of institutional real estate experience investing in traditional and adjacent property sectors, throughout major markets in the U.S. and across the risk spectrum.

Prior to forming Alpaca Real Estate, Mr. Carr was a Principal with global alternative investment manager Ares Management (NYSE: ARES). During his ten-year tenure, he was responsible for acquisitions, asset management, and portfolio management for the firm’s core, value add, and opportunistic vehicles including commingled funds, co-investments, separately managed accounts, and an evergreen private REIT. Mr. Carr actively participated in the fundraising, deployment, and realization of over $7 billion of transactions through direct acquisitions, syndications, and joint venture partnerships. He also managed and mentored a team of investment professionals from Analyst to Vice President levels. Prior to joining Ares, Mr. Carr was a member of J.P. Morgan’s Real Estate and Lodging Investment Banking group responsible for various mergers & acquisitions and capital markets transactions with clients including Archstone, Retail Properties of America, and Lennar.

Mr. Carr holds a Bachelor of Science degree in Business Administration and Finance from Fordham University and a Master of Science in Real Estate Development from Columbia University. In 2014 and together with Mr. Weiss, they co-founded and actively lead the Real Estate Private Equity Network (REPEN), a forum for industry professionals to exchange market intelligence, investment insights, and promote mentorship. Additionally, he is Co-Chair of ULI New York’s Urban Development and Mixed-Use Council (UDMUC), previously served on the ULI New York Advisory Board, and supports his local community through the Cobble Hill Association.