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LTO Real Estate Funds, a leading real estate investment fund specializing in open-air shopping centers and modern logistics centers across high-growth Sun Belt regions, has appointed Stephen J. Hefner as Senior Vice President, Head of Acquisitions. With over 30 years of experience in global real estate, Hefner will lead ALTO's acquisition strategy to expand the funds' portfolio, strengthen its market position, and accelerate long-term growth.

    Hefner brings extensive expertise in retail acquisitions, asset development, and investment strategies from his senior leadership roles at The Retail Connection, AmREIT, Cencor Realty Services, and Olympus Real Estate. His experience includes spearheading acquisitions exceeding $2 billion.

    "Stephen's strategic vision and industry expertise make him a valuable addition to our team," said Mody Kidon, Co-Founder & Executive Chairman, and Yaniv Melamud, Co-Founder & CEO of ALTO Real Estate Funds. "His leadership will be instrumental in accelerating our acquisition efforts and reinforcing ALTO's position as a leader in the U.S. real estate investment market."

    ALTO Real Estate Funds focuses on investing in logistics centers and open-air shopping centers in high-growth U.S. markets. Over 15 years, the company has raised approximately $540 million across four funds, acquired 78 properties totaling 15 million square feet valued at $1.8 billion, with 45 successful exits.