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Dune Real Estate Partners and TF Cornerstone Announce Creation of Alta Residential, a $1 Billion Venture

Dec 03, 2024•over 1 year ago

Contract Type

partnership

New YorkReal EstateReal Estate Investment

Description

Dune Real Estate Partners and TF Cornerstone have announced the creation of Alta Residential, a new $1 billion venture focusing on advancing office-to-residential conversions nationwide. The venture aims to address the unmet demand for housing in the U.S. by leveraging office buildings for residential purposes.

Company Information

Company

Dune Real Estate Partners and TF Cornerstone

Location

New York, New York, United States

About

Dune Real Estate Partners is a leading national real estate investment platform, and TF Cornerstone is a New York City based integrated residential and commercial developer.

Predictive Intelligence
Strategic

ML-powered predictions for Dune Real Estate Partners and TF Cornerstone's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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