Real Estate
Inside S2 Capital's $211 Million Continuation Vehicle: What the Mezzanine Exchange Really Means for LPs
TL;DR: S2 Capital wants to raise $115 million (up to $130 million) from investors to recapitalize 26 Sun Belt apartment properties, 9,700 units, originally purchased for $1.26 billion. Combined with a debt-to-equity...
Jeff Barnes, MBA··11 min read
Real Estate
Alpaca Real Estate Closes $223M Debut Fund: What the AI Pitch Actually Means for Accredited Investors
TL;DR: Alpaca Real Estate (ARE) closed its debut Fund I at approximately $223 million in total capital commitments , roughly $202 million in limited partner equity plus $21 million in co-investments,
Jeff Barnes, MBA··10 min read
Real Estate
S2 Capital Faces $140 Million in Foreclosures. Here Is What Went Wrong and What Multifamily LPs Should Learn.
TL;DR: S2 Capital, a Dallas-based multifamily syndicator led by Scott Everett, is facing foreclosure auctions on at least three DFW properties totaling $140 million in July 2026. Total distress across
Jeff Barnes, MBA··11 min read