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Alter Development + Realty

Wilmette, IL 51–200 employees 5 principals

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Last updated 1w ago

About Alter Development + Realty

Alter Development + Realty is a real estate operator headquartered in Wilmette, IL. Alter Development + Realty operates in Louisville, Kentucky. Its investment focus is on Affordable Housing, Hospitality and LIHTC.

Alter Development + Realty is a private real estate development, construction, brokerage, and property management enterprise headquartered at 136 St. Matthews Avenue, Suite 101, in Louisville, Kentucky. Founded and led by Chief Executive Officer Chris Thompson, the firm operates with a combined team background bringing over 50 years of industry experience. The enterprise specializes in site acquisition, architectural planning, custom construction, commercial and residential brokerage, and comprehensive asset management. Operating across both commercial and residential real estate sectors, the firm executes ground-up developments, market-rate and affordable multi-family projects, and property dispositions for diverse clients. Geographically, the organization concentrates its operational footprint and project pipeline across high-demand submarkets in Kentucky and Indiana. Having completed around 300 projects and managed over 3,000 multi-family units, its platform oversees more than $100 million in regional assets and has facilitated over $450 million in total real estate transactions.

Principals at Alter Development + Realty

Principal details are a Pro feature

5 principals on file

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Recent activity at Alter Development + Realty

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Alter Development + Realty's project portfolio

3 projects on file · Residential (general) (2), Commercial (general) (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Alter Development + Realty operates in

  • Louisville, Kentucky

Investment themes at Alter Development + Realty

  • Affordable Housing
  • Hospitality
  • LIHTC
  • Multifamily - Core
  • Multifamily - Ground-up
  • Single-Family Homes

Capabilities

  • Brokerage
  • Construction Management
  • Economic Development
  • High-Rise
  • Private Equity
  • Sustainability
  • Transit-oriented development
  • Urban infill

Operators similar to Alter Development + Realty

  • The NRP Group
    Institutional tierAffordable HousingMultifamily - Core+3 more themes
  • The Community Builders
    Institutional tierAffordable HousingMultifamily - Core+3 more themes
  • Woda Cooper Companies
    Institutional tierAffordable HousingMultifamily - Core+3 more themes
  • Gilbane Development Company
    Institutional tierLIHTCAffordable Housing+3 more themes
  • Wasatch Group
    Institutional tierAffordable HousingHospitality+3 more themes
  • Flaherty & Collins Properties
    Institutional tierLIHTCAffordable Housing+3 more themes
  • McCormack Baron Salazar
    Institutional tierLouisville, KentuckyAffordable HousingHospitality+2 more themes
  • National Community Renaissance (National CORE)
    Institutional tierLIHTCAffordable Housing+3 more themes
  • Domain Companies
    Institutional tierLIHTCAffordable Housing+3 more themes
  • PEG Companies
    Institutional tierAffordable HousingHospitality+3 more themes

Frequently asked questions about Alter Development + Realty

What does Alter Development + Realty do?
Alter Development + Realty is a private real estate development, construction, brokerage, and property management enterprise headquartered at 136 St.
Where is Alter Development + Realty based?
Alter Development + Realty is headquartered in Wilmette, IL.
What markets does Alter Development + Realty operate in?
Alter Development + Realty is active in Louisville, Kentucky.
How many employees does Alter Development + Realty have?
Alter Development + Realty has 51–200 employees.
Alter Development + Realty cover image

Alter Development + Realty at a glance

Tier
Institutional
Operator type
Developer, Owner
Headcount
51–200
Units owned
10,000-25,000
Units managed
1,000-5,000
Property mgmt
Third-Party Managed
Markets
1
Principals
5

Contact Alter Development + Realty

3201 Old Glenview Rd, Suite 300, Wilmette, IL 60091, USA
www.thealterco.com