Overview

Alturas Capital Partners is a real estate firm that owns and manages over 1 million square feet of commercial investment real estate. We focus on the growth markets of the Intermountain West and Inland Northwest (Idaho, Utah, Washington, Colorado and Arizona). We provide uncommon value for our brokers, tenants, and investors through long-term partnerships, transparency, and alignment.

investor capital managed

$49,748,225

Principal Experience

11 Years

Real Estate Experience

17 Years

Investment Programs Offered

Open-Ended Fund

Property Types

Retail, Multifamily, Industrial, Single Family, Diversified, Office, Medical Office

Regions

West

Strategies Employed

CRE Acquisition, Private Lending, Ground-up Development

Risk Profile

Core Plus, Value Add

Primary Markets

Boise City, ID, Salt Lake City, UT, Phoenix-Mesa-Chandler, AZ, Colorado Springs, CO, Spokane-Spokane Valley, WA

Track record

29 investments · 29 assets

Active investment summary

Amount of Active Investments

$221,916,578

Co-invested Capital

$0

Realized investments summary

Amount of Realized Investments

$5,650,705

Investments by property type

OfficeIndustrialRetailMedical Office0123

Office

64.66%

Industrial

11.36%

Retail

22%

Medical Office

1.99%

Total

100%

Team

Blake Hansen

Managing Partner

 · 2009 - Present

Blake Hansen formed Alturas Capital in 2009. He has been investing in real estate since 2003, and has more than 20 years of investment experience. He has a passion for business and investing, especial...read more
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Travis Barney

Partner and Chief Credit Officer

 · 2013 - Present

Travis Barney is a senior real estate investment professional with 10 years of experience in asset management, acquisition, disposition, underwriting and valuation, leasing, and due diligence. As Pres...read more
Show Principal details

Opportunities

Open

Monitored

Diversified

Alturas Real Estate Fund

The Alturas Real Estate Fund was created in May 2015 and owns a diversified portfolio of cash gener...

Inception: 05/01/2015

Funded

Monitored

Office

110 Main

This marquee Boise historic mansion, built at the turn of the 20th century, has been converted to o...

Inception: No date provided

Funded

Monitored

Office

1444 Entertainment

This is an 83,000 SF, Class A office building located at 1444 Entertainment near the intersection o...

Inception: No date provided

Funded

Monitored

Industrial

1550 Tech Lane

105,000 SF multi-use industrial building located at 1550 Tech Lane. 

Inception: No date provided

Funded

Monitored

Office

2206 Whitley

The Alturas Real Estate Fund purchased 2206 N. Whitley Dr. in Fruitland, Idaho (a town on the weste...

Inception: No date provided

Funded

Monitored

Office

4200 Hawthorne

The LEED Certified Silver building, constructed in 2011, is well located just off I-86 at 4200 Hawt...

Inception: No date provided

Funded

Monitored

Retail

5804 Fairview

This 22,500 SF retail space is located at the busy intersection of Fairview Ave. and Curtis Rd.

Inception: No date provided

Funded

Monitored

Medical Office

7733 Emerald

The property, built in 1988 and renovated in 2006, is fully occupied by a single tenant - Dermatolo...

Inception: No date provided

Funded

Monitored

Retail

Adelmann Building

This multi-tenant 17,000+ SF building is an iconic downtown Boise structure and is located at 204 N...

Inception: No date provided

Funded

Monitored

Office

Airport Center

Alturas Capital Partners has added Airport Center, two flex-office buildings, to the Alturas Real E...

Inception: 12/20/2020

Funded

Monitored

Single Family

Alturas Homes

Alturas Capital Partners made a significant investment in new home building through its subsidiary ...

Inception: No date provided

Funded

Monitored

Office

Centennial Tech

Alturas Capital Partners, in our largest acquisition to date, added the Centennial Technology Cente...

Inception: No date provided

Funded

Monitored

Retail

Chinden & Linder

Acquired this pad at Eagle Island Marketplace with plans to develop it into a 10,257 square foot st...

Inception: No date provided

Funded

Monitored

Office

Cottonwood Plaza

Cottonwood Plaza is a 43,426 SF office building located at 350 Mitchell St. in Boise. 

Inception: No date provided

Funded

Monitored

Retail

Dutch Bros

Acquired a 0.94-acre lot in August 2018 with plans to construct a new 824 SF Dutch Bros franchise d...

Inception: No date provided

Funded

Monitored

Retail

Eagle Marketplace

60,000 SF retail property located at the intersection of two of the busiest highways in the state -...

Inception: No date provided

Funded

Monitored

Retail

Eagle View Plaza

Inception: No date provided

Funded

Monitored

Industrial

Excel Fabrication

Alturas Capital Partners has added an industrial property totaling 23,000 SF on 2.42 acres to the A...

Inception: No date provided

Funded

Monitored

Office

Garden Gateway Plaza

Alturas Capital Partners has acquired Garden Gateway Plaza located at 1355, 1357, and 1365 W Garden...

Inception: 02/19/2021

Funded

Monitored

Industrial

Idaho Natural and Organic Foods (INAOF)

The Alturas Real Estate Fund (AREF) acquired the Idaho Natural & Organic Frozen food (INAOF) proces...

Inception: No date provided

Funded

Monitored

Industrial

International Gateway Center Phase II

Alturas Capital Partners added International Gateway Center Phase II, an Industrial Flex building l...

Inception: 12/21/2020

Funded

Monitored

Retail

Mission Village

Located at 212 W. 5th St., this property consists of 32,116 SF of multi-tenant commercial and retai...

Inception: No date provided

Funded

Monitored

Office

North Creek Office Complex

Alturas Capital Partners has added the North Creek Office Complex to the Alturas Real Estate Fund p...

Inception: 01/29/2021

Funded

Monitored

Retail

Parkway Plaza

This 75,300 SF retail property is a milestone acquisition for Alturas as it increases the geographi...

Inception: No date provided

Funded

Monitored

Retail

Sandcreek Plaza

The 35,903 SF retail center is 100% occupied and is located at 939 S. 25th East, Ammon, Idaho, part...

Inception: No date provided

Funded

Monitored

Retail

Shops at Decker Lake

Salt Lake City, UT - March 1st, 2019 - Alturas Capital Partners is proud to announce the Alturas Re...

Inception: No date provided

Funded

Monitored

Office

Siete Square I

Our first Phoenix acquisition, Siete Square I is 57,933 SF multi-tenant office property located in ...

Inception: No date provided

Funded

Monitored

Office

Siete Square II

The Alturas Real Estate Fund has acquired Siete II, a 54,072 square foot, multi-tenant office build...

Inception: No date provided

Funded

Monitored

Office

The Ashby on Osborn

Formerly the Country Club Manor, this 90,000 SF office property is our second acquisition in Phoeni...

Inception: No date provided

Funded

Monitored

Office

The Presidio

The Presidio, an 81,222 SF Class A office building in Colorado Springs, CO, represents a significan...

Inception: No date provided

Full Cycle

Monitored

Retail

1124 Caldwell

This 2,600 SF retail property sold in June of 2017 for an equity multiple of greater that 3X. Origi...

Inception: No date provided

Full Cycle

Monitored

Retail

12005 Meridian

This was a full-cycle project - Alturas acquired the property at 12005 Meridian E., replaced the ol...

Inception: No date provided

Full Cycle

Monitored

Industrial

595 Washington

June 17, 2019 - The Alturas Real Estate Fund has sold an industrial building located at 595 Washing...

Inception: No date provided

Full Cycle

Monitored

Retail

Dutch Bros Caldwell

This is a full-cycle deal. Alturas purchased the property, built a new Dutch Bros coffee drive thro...

Inception: No date provided

Full Cycle

Monitored

Multifamily

Legend Townhomes

This project consisted of 18 fully-occupied townhomes in Kansas City, MO. It was purchased in Decem...

Inception: No date provided

Full Cycle

Monitored

Retail

Treasure Valley Crossing

The Alturas Real Estate Fund sold a 21,000 SF retail strip center in Nampa, ID. The building, part...

Inception: No date provided

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