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Alternative Assets  + Real Estate  |  March 17, 2025
CalTier Launches $500M REIT Targeting Class A and B Multifamily Assets
Joe Palmisano
By: Joe Palmisano

CalTier Launches $500M REIT Targeting Class A and B Multifamily Assets

CalTier has introduced a REIT targeting multifamily real estate, with a goal of raising $500 million in capital.

CalTier REIT I will target Class A and B multifamily properties across the U.S., spanning California, Texas, Florida, Virginia, Arizona, and Utah. The REIT will focus on recently constructed, well-maintained core assets chosen for their condition, tenant stability, and strong market demand.

San Diego-based CalTier co-founder and CEO Matt Belcher sees the REIT sector as appealing to individual investors looking for cash flow and long-term capital growth. The minimum investment for the REIT is $5,000.

Founded five years ago as an online real estate investment platform, CalTier now serves 32,000 investors, up from 20,000 in 2023. Operating as a registered RIA, the firm continues to manage its CalTier Inc Reg A Fund and the CalTier Portfolio Fund, which focuses on existing Class B and C multifamily properties in the U.S. West and Southwest, alongside the new CalTier REIT I.

“The introduction of CalTier REIT I marks a pivotal evolution of the CalTier platform,” said Parker Smith, co-founder and COO of CalTier. “We are committed to opening the door to additional real estate and alternative assets for our investors, providing them with opportunities to diversify their portfolios and achieve their financial goals.”

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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