Formed in 2014, Alchemy Ventures is an independent affiliate of Alchemy Properties with more than 25 professionals supporting our growth. Initially focused on Brownstone Brooklyn we have recently expanded both our investment approach and our geographic focus to vertically-integrated development in established neighborhoods which contribute to the rich fabric of New York City and the urban core of Kansas City, MO.
We have established a reputation for integrity, reliability and continuity while amassing a portfolio valued at $400 million encompassing over 60 (and counting) individual assets. Our properties are located on Manhattan’s Upper West Side and West Village, in Park Slope, Carroll Gardens, Cobble Hill and Prospect Heights, Brooklyn and in the Rivermarket and Downtown neighborhoods of Kansas City, MO.
Our investment approach seeks to capitalize on countercyclical development powered by an unwavering faith in quality housing with high end design at fair prices. We concentrate on strategically-located multifamily rental and mixed-use properties in neighborhoods exhibiting a sense of community, particularly those where supply constraints challenge success. Our reputation, ability to execute and credibility often allow us to be presented with off market properties.
We are cognizant of the inherent risk in all real estate. Hence, our focus is on risk management at each stage of the cycle, from acquisition to repositioning and potential disposition. Preservation of capital is always emphasized throughout the investment cycle. Toward that end, our 25-person integrated in-house team has significant expertise in property management, asset management, acquisitions and accounting allowing us to provide detailed monthly reporting. In addition, we have assembled a trusted team of brokers, attorneys, on-site supervisors and craftsmen to mitigate renovation, reposition pitfalls and properly position each asset for its niche market.
Vertically integrated and technically adept, we have cultivated a notable network of investors including private equity funds, family offices, high net worth individuals and “friends and family.”