Alta Bay (UT)

About Alta Bay (UT)

Alta Bay (UT) is a real estate operator headquartered in Salt Lake City, UT. Alta Bay (UT) operates in Greensboro-High Point, North Carolina, Provo-Orem, Utah and Richmond, Virginia. Its investment focus is on Affordable Housing, Historic Tax Credits and Industrial.

Alta Bay Capital LLC is a privately held real estate investment and development firm founded in 2016. Operating for 10 years, the company maintains its corporate headquarters in Salt Lake City, Utah. The business coordinates its regional property portfolio utilizing an active team of 10 to 50 employees. The enterprise focuses its investment strategies on affordable housing, multifamily residential properties, workforce housing, mixed-use developments, and historic preservation. Its platform manages various stages of the asset lifecycle, spanning from ground-up new construction to deep value-add redevelopments. The firm's regional portfolio includes the 218-unit Alta Vue Apartments capitalized at $54 million, which provides affordable housing rented at 60% of the area median income. Additional active pipelines include the Brickyard Flats conversion project, the 124-unit Alta Central Station mixed-use property, and the restored 1906 historic 2nd and K Lofts. The company has generated less than $1 million in annual revenue from operations.

Principals at Alta Bay (UT)