Real Estate

Real Estate

Uncovering Value in Traditional and Niche Asset Classes

Sculptor Real Estate invests in both opportunistic real estate private equity and real estate credit in the U.S. and Europe. Founded in 2003, Sculptor Real Estate has raised approximately $7.1 billion of dedicated real estate capital and has completed more than 156 transactions across 24 diverse real estate asset classes.

The integration with Sculptor Capital’s broader platform is a competitive advantage that enhances our ability to generate unique investment opportunities and improves access to proprietary transaction networks that are less trafficked by traditional real estate investors.

Established Platform

Opportunistic Real Estate

$5.3 billion

Total commitments across the opportunistic real estate platform

Real Estate Credit

$886 million

Total commitments in real estate credit

This information is presented as of September 30, 2020.

Differentiated Approach

Our approach is rooted in flexibility, creativity and a healthy dose of skepticism. Many real estate private equity investors are often highly concentrated in a limited number of cities and product types. Such concentration often limits diversification and overlooks compelling alternative opportunities.

In contrast, we seek to build portfolios that are balanced between traditional and niche asset classes, employing moderate leverage, using creative structures and targeting high cash-on-cash returns. As active investors supported by dedicated, internal asset management professionals, we maintain a strong focus on monetization once we have achieved our business plans.

Real Estate Leadership

Steve Orbuch

Founder and President, Sculptor Real Estate

Nicholas Hecker

Chief Investment Officer, Sculptor Real Estate

Joshua Kirkham

Co-Head of North American Real Estate

Cory Perlstein

Co-Head of North American Real Estate

Nicole Sermier

Head of Residential Investments

Mark Schwartz

Head of Gaming Investments and Head of North American Real Estate Credit

David Law

Head of European Real Estate

Historical Allocations

We pursue opportunities across a wide range of geographies and asset classes. Today, Sculptor Real Estate has completed more than 156 transactions across 24 diverse real estate asset classes, including lodging, multifamily, gaming, distressed residential, cell towers, senior housing, parking and golf courses, among others. Through this broad mandate, approximately 66% of Sculptor Real Estate's invested capital has been deployed in non-traditional asset classes.

Affordable Housing 2%
Cell Towers 2%
Condominium 6%
Convenience Stores & Gas Stations 4%
Debt 2%
Residential 6%
Gaming 15%
Golf 3%
Healthcare 1%
Hotel 17%
Industrial 4%
Land Entitlement 1%
Manufactured Housing 0%
Marina 1%
Multifamily 6%
Office 5%
Parking 5%
Resort 2%
Retail 3%
Senior Housing 8%
Ski Resort 4%
Specialty Residential 2%
Stadium / Exhibition 1%
Cold Storage 0%
  • 2%
    Affordable Housing
  • 2%
    Cell Towers
  • 6%
    Condominium
  • 4%
    Convenience Stores & Gas Stations
  • 2%
    Debt
  • 6%
    Residential
  • 15%
    Gaming
  • 3%
    Golf
  • 1%
    Healthcare
  • 17%
    Hotel
  • 4%
    Industrial
  • 1%
    Land Entitlement
  • 0%
    Manufactured Housing
  • 1%
    Marina
  • 6%
    Multifamily
  • 5%
    Office
  • 5%
    Parking
  • 2%
    Resort
  • 3%
    Retail
  • 8%
    Senior Housing
  • 4%
    Ski Resort
  • 2%
    Specialty Residential
  • 1%
    Stadium / Exhibition
  • 0%
    Cold Storage

This information is presented as of September 30, 2020 and is being provided for illustrative purposes only. There can be no assurance that Sculptor Real Estate will be able to identify or acquire investments in any particular asset classes or in any particular concentration or ratio. Actual allocation of assets may vary significantly from the Sculptor Real Estate historical allocations presented, and will depend on Sculptor Real Estate's evaluation of available investment opportunities.

Sample Investments

Maile Sky Court

Maile Sky Court

Cresswind at Lake Lanier

Cresswind at Lake Lanier

Industrial Development Venture

Industrial Development Venture

Edgehill Retirement Community

Edgehill Retirement Community

Stevens Pass Mountain Resort

Stevens Pass Mountain Resort

Real Estate Credit

The intersection of our real estate and credit expertise led to the launch of our real estate credit platform. Real estate credit invests in a range of products including first lien loans, mezzanine loans, b-notes, ground leases and other credit investments. The Firm has extensive experience in real estate credit, investing in private North American real estate credit investments since 2007.