AREA Property Partners
AREA Property Partners is a New York City headquartered international real estate fund manager, that has been investing in the United States since 1993, and globally since 1995. Headquartered in New York City, with offices in Atlanta, Purchase, London, San Francisco, Luxembourg, Amsterdam, Madrid, Paris, and Mumbai.
AREA Property Partners was founded in 1993, by William Mack and the private equity firm Apollo Global Management, LLC as Apollo Real Estate Advisors. Today, AREA has invested over $13 billion in more than 570 transactions, with an aggregate value in excess of $65 billion.
William Mack recognized opportunities in the distressed property markets in the United States in the early 1990s. In 2004, the firm acquired the Value Enhancement Funds, which focus on the U.S. value-added segment of the real estate investment spectrum.