RETAIL

Open-Air Shopping Centers on the Rise

ALTO’s Retail
Investment Approach

High demand locations ensure long term success

High demand locations ensure long term success

- 9 central U.S. metropolitan areas in the Sun Belt states

- Strong population growth and a thriving technology-based workforce

- Access to convenient transportation networks and amenities that appeal to modern consumer

Open-Air Neighborhood Centers with Resilient Tenant Mix

Open-Air Neighborhood Centers with Resilient Tenant Mix

- Conveniently meeting diverse consumer needs: groceries, entertainment, restaurants, fitness centers, and services

- Proximity to densely populated cities ensures easy accessibility

RETAIL
properties

Property Name: SANTAN VILLAGE
Location: Gilbert, Arizona
Total GLA: 285,581 SF
Property Type: Retail
Key Tenants: Bed Bath & Beyond, Marshalls, DSW, Old Navy, ULTA, Big Lots, Jo Ann

SANTAN VILLAGE

Gilbert, Arizona

Property Name: 111 FULTON
Location: New York, NY
Total GLA: 21,120 SF
Property Type: Retail
Key Tenants: Hale & Hearty, Greek Restaurant, Red Mango, Above Net, Crisp

111 FULTON

New York, NY

Property Name: 261 BROADWAY
Location: New York, NY
Total GLA: 14,500 SF
Property Type: Retail
Key Tenants: Bank of America, Wendy's

261 BROADWAY

New York, NY

Property Name: OLMOS CREEK
Location: San Antonio, TX
Total GLA: 102,000 SF
Property Type: Retail
Key Tenants: McDonald's, Compass Bank, Planet Fitness, The UPS Store, Subway, Dollar Tree

OLMOS CREEK

San Antonio, TX

Property Name: AMERICAN FORK SHOPPING CENTER
Location: American Fork, UT
Total GLA: 148,180 SF
Property Type: Retail
Key Tenants: VASA Fitness, Big Lots, Jo-Ann

AMERICAN FORK SHOPPING CENTER

American Fork, UT

Property Name: 5000 SOUTH HULEN
Location: Fort Worth, TX
Total GLA: 86,943 SF
Property Type: Retail
Key Tenants: Barnes & Noble, Old Navy, Sprint

5000 SOUTH HULEN

Fort Worth, TX

Property Name: 20 PINE STREET
Location: New York, NY
Total GLA: 33,000 SF
Property Type: Retail
Key Tenants: FedEx, Bright Horizons Child Care, Cafe Arte, 18/8 Fine Men's Salon

20 PINE STREET

New York, NY

Property Name: NORTHPOINT SHOPPING CENTER
Location: Cape Coral, FL
Total GLA: 115,906 SF
Property Type: Retail
Key Tenants:Aldi, PetSmart, Five Below, Michael's, Keke's Café

NORTHPOINT SHOPPING CENTER

Cape Coral, FL

Property Name: QUEBEC SQUARE
Location: Denver, CO
Total GLA: 207,611 SF
Property Type: Retail
Key Tenants: Ross, Office Depot, Big5, PetSmart, Fresenius, Mattress Firm, Visionworks, Buffalo Wild Wings, Panera

QUEBEC SQUARE

Denver, CO

Property Name: PRINCE WILLIAM SQUARE
Location: Woodbridge, VA
Total GLA: 232,957 SF
Property Type: Retail
Key Tenants: Ross, Jo-Ann, Ashley Furniture, DD's discount, MOM's Organic Market

PRINCE WILLIAM SQUARE

Woodbridge, VA

Property Name: 900 LINCOLN ROAD
Location: Miami Beach, Florida
Total GLA: 285,581 SF
Property Type: Retail
Key Tenants: Aerie, Express

900 LINCOLN ROAD

Miami Beach, Florida

Iman Haddad

Director & Head of Development

Iman is a results-driven real estate professional with over 15 years of experience in civil engineering, development, and construction. Throughout his career, he has managed projects totaling nearly $500 million across the United States, covering a wide range of property uses including Retail, Multifamily, Office, Industrial, and Hospitality. With a comprehensive understanding of the real estate lifecycle, Iman brings valuable expertise from deal inception, through design and construction, to project completion and turnover. Prior to ALTO, Iman held a position of Senior Development Manager for multiple private equity family offices and was responsible for managing over 1.5 million square feet of developments. Prior to that, Iman was a Civil Engineer in the Dallas-Fort Worth region and was responsible for design, pre-construction, and planning of world-class projects. Iman holds a Bachelor of Science in Civil Engineering from the University of Texas at Arlington and an Executive MBA from Southern Methodist University Cox School of Business in Dallas, TX. Iman is a licensed member of the Texas Real Estate Commission, and The North Texas Commercial Association of Realtors.

 

Ariel Even

Member of the Investment Committee

A highly experienced real estate investment leader, with a deep understanding of market dynamics, risk management, and portfolio optimization. Ariel drove Ravad’s success as CEO, managing a NIS 2.5 billion portfolio of income-generating properties. Prior to that, he co-founded and led REIT 1 which is Israel’s first REIT, overseeing a NIS 1 billion portfolio. He also served as Deputy CEO at Gazit Globe for 5 years.

David B. Henry

Chairman of the Investment Committee

A real estate investments expert with a rich proven track record, David spearheaded Kimco Realty Corporation’s growth as its Vice Chairman and CEO from 2001 to 2016. Before that, he held the prestigious position of Senior Vice President and Chief Investment Officer at GE Capital Real Estate, steering the company’s investment strategies and pension advisory activities across the US and international markets for 23 years. David‘s extensive experience has granted him a profound understanding of real estate market dynamics and the ability to identify and capitalize on lucrative investment opportunities.

Ran Preis

CPA – VP of Acquisitions

Ran brings a diverse and well-rounded skillset, spanning accounting, financing, debt and equity research, acquisition, and disposition. Since joining ALTO Real Estate Investment Funds in 2016 he has a demonstrated track record of success in closing acquisitions and securing financing for over $350 million of investments in shopping centers.

Before that, he gained valuable experience in the real estate finance industry at Edmond de Rothschild Investment Services and at Deloitte, where he audited leading public and private real estate companies.

He holds a CPA designation, a BA in Economics & Accounting, and an MSc in Management from Tel Aviv University.

Dor Dezalovsky

VP of Asset Management

Dor is a versatile real estate expert with a comprehensive skillset that spans accounting, tax law, financing, asset management, and disposition. He actively contributes to the management of our portfolio, which encompasses 50 properties valued at over $1 billion and comprising 10 million square feet. His expertise has also been instrumental in the successful disposition of 30 properties, valued at more than $250 million, and the refinance of over $200 million in debt.

Before joining ALTO Real Estate Investment Funds in 2017, Dor gained valuable experience in business development for a private real estate company in Israel, international tax consulting with PwC Israel, and corporate law with Shibolet & Co. His academic background includes a B.A. in Accounting and an LL.B. in Law from Tel Aviv University.

Pnina Krasutsky-Amiran

CFO

An experienced financial expert with over 17 years in the real estate sector, Pnina has served as the CFO of Ravad LTD, a publicly traded real estate investment company listed on the Tel Aviv Stock Exchange (RAVD) before she joined ALTO Real Estate Investment Funds. In this capacity, she oversaw the financial management of the company’s operations across the UK, Canada, Germany, Switzerland, and Israel. Pnina’s extensive background also includes positions as Senior Controller at the Jerusalem Economy Company Ltd (JEC), Senior Controller at the Nanette Real Estate Group NV, and Senior Manager in the Ernst & Young Real Estate Division.

Her academic credentials include a CPA designation, and a BA in Accounting and Business from The College of Management Academic Studies.

Yaniv Melamud

Co Founder & CEO

With over 15 years of experience in the real estate sector, Yaniv founded ALTO alongside Mody Kidon and has since served as the  Fund’s CEO and an Investment Committee Member.

Before launching ALTO Real Estate Investment Funds, he was Head of the Private Equity Division at Harel Insurance Investments & Financial Services, Ltd, one of Israel’s leading insurance groups. In this role, he oversaw the management of a multi-billion ILS portfolio encompassing nearly 100 private local and global funds and companies with a focus on real estate and infrastructure investments. Earlier in his career, Yaniv served as Senior Economist at the Fast Lane national transportation project in collaboration with the Cross Israel Highway Company Ltd.

He holds an MBA in Finance and Accounting from Tel Aviv University.

Mody Kidon

Co-Founder & Executive Chairman

A seasoned real estate veteran with over 30 years of experience, Mody brings a wealth of expertise and leadership to his role in ALTO Real Estate Investment Funds, also serving as an Investment Committee Member. He is also the CEO of the Gitam Group with interests in real estate, advertising, financials, technology, and private equity. His accomplishments include co-founding and co-owning Vitania, a public real estate company established in 1995, and serving as a pilot in the Israeli Air Force, where he attained the rank of Major. His academic credentials include a BA in Economics from Tel Aviv University and an AMP from the Harvard Business School.