Who We Are

WE’RE PRIVATE EQUITY INVESTORS AND REAL ESTATE ENTREPRENEURS.

Calvera Partners is a real estate investment firm focused on apartments in supply-constrained, high barrier-to-entry urban markets.  We identify, acquire and reposition underperforming properties that show excellent potential for increased income and value through improvements, creativity and sound management, generating returns for our investors.

We were founded in 2010 by three former employees of a large real estate-focused private equity firm where we participated in well over $1 billion in transactions. Our years as institutional investors afford us a level of analysis and perspective uncommon in real estate middle markets. We recognize value that others may overlook and we seek to exploit market inefficiencies that go unnoticed. It’s our belief that certain properties simply attract less investor attention, creating the possibility of stronger returns over time. Our portfolio is well-positioned to succeed within this approach.