Alpert Investments

Investment direction flows through Lee Alpert as founder and Greg Alpert as a partner. Real estate execution is heavily influenced by Matt Joblon, Lee Alpert's son-in-law and founder of BMC Investments, who collaborates on property projects. Venture exposure involves Katelyn Donnelly's Avalanche VC as a network partner, though Alpert Investments does not appear to have dedicated internal investment staff beyond the family principals.

Deal flow is primarily relationship-driven, rooted in the family's multi-decade presence in Denver real estate. The Alpert Corporation's land-development history provides direct access to entitlement and development opportunities. Connections through YPO Rocky Mountain, ULI, and the American Hotel & Lodging Association board seat held by Greg Alpert extend the network into hospitality and broader real estate circles.

It is a single-family office that behaves as a hybrid. For real estate, it functions through a network of operating partners like BMC Investments and Westfield Company rather than as a centralized asset manager. For venture, it acts as an LP and network partner to Avalanche VC, a separate early-stage firm focused on the future of learning and earning, rather than running its own direct venture program.

The office engages in both. The portfolio consists primarily of direct real estate development and ownership in Colorado. However, the network partnership with Avalanche VC implies the family also allocates capital to external venture funds, though specific commitment sizes have not been disclosed.

In real estate, the firm targets ground-up development and long-term hold strategies across residential, mixed-use, and hospitality stages. In venture, through Avalanche VC, exposure is likely at the pre-seed and seed stages, consistent with Avalanche's stated investment thesis. There is no public evidence of growth-stage or buyout activity.

Matt Joblon, the son-in-law of founder Lee Alpert, founded BMC Investments and collaborates directly on Alpert family real estate projects. Jonathan Alpert, another family member, is a partner at Westfield Company and developed the Stanley Marketplace. These firms function as aligned operating partners rather than internal divisions of Alpert Investments.

The wealth originates from Lee Alpert's land development activities through Alpert Corporation, which developed over 44,000 acres in metro Denver. The specific exit or monetization path from land to liquid capital has not been publicly documented.