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New York Investor Starts $300 Million Rental Venture in Dallas Area

Alpaca Real Estate Gets Ready to Start 150-Unit Rental Project in Texas, Seeks Land Sites Across US
Alpaca Real Estate plans to assemble a build-to-rent portfolio with more than 1,000 newly constructed homes beginning with a project in the Dallas-Fort Worth area. (Getty Images)
Alpaca Real Estate plans to assemble a build-to-rent portfolio with more than 1,000 newly constructed homes beginning with a project in the Dallas-Fort Worth area. (Getty Images)

The real estate arm of a New York-based alternative investment management firm has formed a $300 million venture to assemble a portfolio of more than 1,000 homes in growing U.S. markets, beginning in the Dallas-Fort Worth region.

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