H
amilton Lane, a leading global private markets investment management firm, has made a strategic move in the New York City real estate market by acquiring an 85% stake in a $74 million multifamily portfolio. The portfolio comprises four properties in the highly sought-after neighborhoods of West Village and SoHo, boasting 126 residential units and 11,050 square feet of prime ground-floor retail space.

    This investment marks a counter-cyclical approach by Hamilton Lane, capitalizing on the 20% decline in U.S. real estate values over the past two years. By partnering with Dalan Real Estate, a vertically integrated firm specializing in New York City multifamily properties, Hamilton Lane has secured a minority owner and operator who possesses deep knowledge of the assets.

    "We are excited to partner with Dalan, who has an intimate understanding of these strategically located multifamily assets," said Elizabeth Bell, Co-head of Real Estate at Hamilton Lane. "Following a decline in U.S. real estate values, we believe this is an opportunistic time to invest in high-quality assets in prime locations at attractive entry values."

    The partnership with Dalan allows Hamilton Lane to leverage the firm's expertise and familiarity with the assets, ensuring operational continuity while deploying capital efficiently. This transaction represents a strategic move by Hamilton Lane to capitalize on the current market conditions, positioning itself for potentially stronger returns as the market recovers.

    Hamilton Lane has been an active investor in real estate for over 25 years, providing clients with access to top-quality investment opportunities across global real estate markets. The firm's Real Estate platform manages nearly $109 billion in assets under management and supervision as of December 31, 2024.

    The acquisition is a testament to Hamilton Lane's ability to leverage its scale and flexibility to access off-market opportunities, positioning itself advantageously in the current capital-constrained environment. With this investment, Hamilton Lane continues to demonstrate its commitment to providing clients with innovative solutions to private markets investing.