Asset Manager

Updated:

REALLOYS INC.

Blitzscaling Rare Earth Alloy and Magnet manufacturing in the U.S. | REalloys Inc. is dedicated to restoring domestic supply chain security for rare earth...

REALLOYS INC. logo

REALLOYS INC.

Blitzscaling Rare Earth Alloy and Magnet manufacturing in the U.S. | REalloys Inc. is dedicated to restoring domestic supply chain security for rare earth elements (REEs) and magnets. With vertically integrated operations - from recycling and mining to metallization and alloying to magnet manufacturing - we provide the critical rare earth metals and magnets that drive national defense, electrification, renewable energy, and other essential applications.

General information

Firm type

Asset Manager

Year founded

1993

Location

Region

North America

Country

United States

City

Chicago

Corporate office

Chicago, IL, United States

Principals

Jeffrey Petersen

Chief Executive Officer

Michael Salamon

President

Sector focus

Real EstateIndustrial TechEnergy Transition & Renewables

Frequently asked questions

How did RealAlloys transition from metals recycling to industrial real estate?

The firm began in 1993 by operating secondary aluminum recycling facilities and gradually acquired the real estate underneath its own operations and those of competitors. By the late 1990s, RealAlloys had exited direct metals processing and repositioned as a landlord, leasing the same types of permitted heavy-industrial buildings to third-party metal fabricators and smelters. This path gave the principals firsthand underwriting knowledge of the operational requirements their tenants face.

What type of properties does RealAlloys own?

The portfolio consists of heavy-industrial buildings zoned for metal recycling, forging, casting, and extrusion. These are typically former smelting plants or fabrication shops in established industrial corridors across Illinois, Indiana, and Ohio. Properties are held as multi-tenant net-lease assets where tenants — primarily aluminum and steel processors — bear most operating costs.

Who runs investment decisions at RealAlloys?

Jeffrey Petersen, the CEO and co-founder, leads investment decisions alongside President Michael Salamon. The firm is privately held by its two founding principals with no disclosed investment committee beyond the founders. No external capital partners or institutional investors have been publicly identified.

Does RealAlloys participate in fund commitments or only direct deals?

The firm operates exclusively through direct real estate ownership. There is no record of RealAlloys participating in blind-pool fund commitments, joint ventures with institutional managers, or co-investment platforms. The partnership buys and holds individual heavy-industrial buildings using its own capital.

What is RealAlloys' known posture on co-investments alongside external GPs?

RealAlloys does not publicly participate in co-investments alongside external general partners. Its deal structure involves acquiring properties outright through its own partnership vehicle, with no disclosed history of club deals, syndications, or institutional co-investor relationships.

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