Alterra Mountain Company

About Alterra Mountain Company

Alterra Mountain Company is a real estate operator headquartered in Denver, CO. Alterra Mountain Company operates in Albany-Schenectady-Troy, New York, Denver, Colorado and Los Angeles, California (LA). Its investment focus is on Hospitality and Resorts.

Alterra Mountain Company was founded in January 2018, stemming from acquisitions in 2017, and is headquartered in Denver, Colorado. It controls a network of year‑round mountain resorts, currently numbering around 17 destinations across North America. These include ski and snowboard resorts, all‑season recreation, hospitality, and real estate operations. Since formation, the company has deployed over $1 billion in capital improvements across its destinations, including $344 million allocated in winter 2022–23, and nearly $500 million announced for the 2023–24 season. Alterra is actively involved in large-scale real estate development in its destination areas. At Deer Valley in Utah, in partnership with Extell Development Company, it is contributing to one of the largest U.S. ski-area expansions: approximately 3,700 acres of new terrain, 16 new chairlifts, a village with 800 hotel rooms, 1,700 residential units, 250,000 sq ft of commercial space, and a 68,000 sq ft recreation center—part of a $3.2 billion project slated for completion by winter 2025.

Principals at Alterra Mountain Company