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amilton Lane, a leading global private markets investment management firm, has made a strategic move in the New York City real estate market. The company has partnered with Dalan Real Estate to acquire an 85% interest in a portfolio of four multifamily assets in lower Manhattan's highly sought-after neighborhoods of the West Village and SoHo.

    The portfolio boasts 126 units and 11,050 square feet of prime retail space, offering a unique opportunity for Hamilton Lane to tap into the resilient demand for housing in these desirable areas. As Elizabeth Bell, Co-head of Real Estate at Hamilton Lane, notes, "We have high conviction around this acquisition, driven by the assets' strategic location and resilient tenant demand."

    This investment marks an opportunistic time for Hamilton Lane to enter the market, given the recent decline in U.S. real estate values. The firm's deep understanding of the real estate space and its reputation as a supportive capital partner have generated significant deal flow, allowing it to invest through various channels.

    Dalan Real Estate, a vertically integrated firm specializing in New York City multifamily properties, will retain its 15% interest in the portfolio and continue to operate the buildings. Daniel Wrublin, CEO of Dalan, expressed excitement about the partnership, citing the company's decade-long experience managing these assets and its confidence in the continued demand for housing in these neighborhoods.

    Hamilton Lane's Real Estate platform has been a driving force in the market for over 25 years, providing clients with access to top-quality investment opportunities across global real estate markets. With nearly $109 billion in assets under management and supervision as of December 31, 2024, the firm remains committed to partnering with experts like Dalan to drive success in sectors and locations where it has strong conviction.