Sculptor Real Estate

Sculptor Real Estate is a prominent global alternative asset manager specializing in opportunistic real estate investments across North America and Europe. Founded in 2003, the firm has invested over $27 billion in real estate assets, encompassing 30 different asset classes, including direct equity investments, preferred equity structures, ground leases, senior loans, and mezzanine loans. Sculptor Real Estate is a division of Sculptor Capital Management, a leading global alternative asset management firm with approximately $37 billion in assets under management.

The firm's investment strategy focuses on value-based, situationally opportunistic investments, aiming to deliver attractive risk-adjusted returns by leveraging its extensive experience across various real estate sectors. Sculptor Real Estate emphasizes broad sector diversification, targeting investments in less correlated sectors with stabilized income and durable fundamentals. The team is agnostic across the capital structure, seeking higher risk-adjusted returns across the capital stack, and places a strong emphasis on current income and minimal use of leverage to enhance the quality of investment returns while reducing risk.

Sculptor Real Estate's experienced, long-tenured team has worked together for an average of 18 years, building an investment platform that continually innovates to develop differentiated investment themes across real estate sectors. The firm's growth through diversification is evident in its methodical expansion into new non-traditional asset classes throughout the growth of its business. As of June 30, 2025, Sculptor Real Estate has completed over 220 investments across 30 different real estate asset classes, representing over $27 billion of total enterprise value.

In December 2025, Sculptor Real Estate closed its fifth opportunistic equity real estate fund, Sculptor Real Estate Fund V, with $4.6 billion in commitments, exceeding the fund's $3 billion target and reaching its hard cap. The fund received significant support from both new and existing institutional investors globally. The firm also closed an additional $825 million of co-investment capital, allowing investors to participate alongside the flagship vehicle. This success underscores Sculptor Real Estate's ability to source, structure, and execute differentiated opportunities in the real estate sector.