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Point Loma Advisors
Point Loma Advisors is the single-family office of Steve Alter, a San Diego real estate developer and entrepreneur.
Point Loma Advisors
Point Loma Advisors is the single-family office of Steve Alter, a San Diego real estate developer and entrepreneur. Alter previously led Tristone Properties, a multifamily and mixed-use development firm active across Southern California, and the office manages the wealth generated from that career (public record). The firm operates from San Diego with a low-publicity posture — no website or LinkedIn presence is maintained, and it does not appear in major allocator databases. The family office deploys capital across three main buckets: direct real estate investments, private equity co-investments, and venture capital. In real estate, the focus is on multifamily, mixed-use, and opportunistic development in Southern California. The private equity and venture activity targets emerging growth companies and buyout opportunities, often alongside institutional co-investors. Geographic focus is primarily the U.S., with a concentration in California (public record). Team size and total assets under management are not publicly disclosed. The office operates without visible additional offices or philanthropic vehicles. No recent major deployment or hiring event has been captured in the public record. The firm's structure appears lean and intentionally private, consistent with a single-family office serving the Alter family's direct investment needs. The structural differentiator of Point Loma Advisors is its integrated approach — the same team that evaluates real estate development opportunities also assesses private equity and venture deals, creating cross-sector pattern recognition. This model is unusual among family offices of similar size, which typically silo real estate and financial assets into separate teams.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed (Altss estimate)
Location
Region
North America
Country
United States
City
San Diego
Corporate office
San Diego, CA, United States
Principals
Steve Alter
Founder and Principal
Sector focus
Frequently asked questions
Who runs investment decisions at Point Loma Advisors?
Steve Alter, the founder and principal, oversees all investment decisions. Alter built his real estate career over three decades, notably leading Tristone Properties in San Diego (public record). The office does not publicly name any other investment professionals.
How does Point Loma Advisors source proprietary deal flow?
The office leverages Alter's real estate and business network in San Diego and Southern California to source off-market development and investment opportunities. Co-investment relationships with institutional partners also provide deal flow in private equity and venture capital (public record).
Is Point Loma Advisors structured as a single family office or does it operate more like a venture firm?
Point Loma Advisors is a dedicated single-family office serving the Alter family. It does not accept external capital or market itself as a fund vehicle. Its investment activity spans real estate, private equity, and venture, but all capital comes from family wealth (public record).
Does Point Loma Advisors participate in fund commitments or only direct deals?
The office is known to make both direct investments — especially in real estate — and co-investments alongside institutional partners. There is no public evidence of fund-of-funds or blind-pool commitments (public record).
What investment stages does Point Loma Advisors typically target?
The office targets opportunistic and value-add real estate development, growth-stage private equity, and early to growth-stage venture capital. It does not appear to prioritize seed-stage or distressed investing, though no formal restrictions are published.
Where does the underlying wealth come from?
The wealth originated from Steve Alter's career as a real estate developer and entrepreneur, primarily through his leadership of Tristone Properties in San Diego, which focused on multifamily and mixed-use development across Southern California (public record).
What is Point Loma Advisors' known posture on co-investments alongside external GPs?
The office is believed to deploy capital alongside institutional partners in private equity and venture capital deals. Its real estate investments are primarily direct. The firm's level of co-investment activity is not publicly quantified.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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