CLOUDLAND CAPITAL MANAGEMENT, L.P.
CLOUDLAND CAPITAL MANAGEMENT, L.P. is a Seed, Series C+ and other fund in the US writing $300K–$20M checks into employee-housing, retail, hospitality, industrial and vacation-rentals.
- Stages
- Seed, Series C+, other
- Sectors
- employee-housing, retail, hospitality, industrial, vacation-rentals
- Check size
- $300K–$20M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2022
- Assets under management
- $43M
Thesis
Cloudland Capital Management, L.P. is a U.S.-based real estate investment firm that focuses on building and scaling operationally intensive real estate strategies by partnering with entrepreneurs to invest in niche and smaller-format asset classes. Their strategy prioritizes fundamental analysis, unlevered yield-on-cost, and a margin of safety in valuations, seeking scalable asset classes and operating companies. They aim to create value through acquisition, renovation, and active management, often holding assets for longer durations to maximize upside from aggregation strategies. Cloudland differentiates itself by investing earlier in the lifecycle of emerging real estate operators, providing "PropCo seed" capital, and focusing on real estate fundamentals rather than solely on operating company upside. They build strong operating teams and scale portfolios within these niche sectors, willing to back real estate operators early in their journeys. The firm raised $43 million for its inaugural fund and typically invests $300,000 to $20 million per deal, often overlooked by larger firms. They have indicated a soft circle of $10-15 million in real estate equity capital for each opportunity.
Common questions
Does CLOUDLAND CAPITAL MANAGEMENT, L.P. invest at the Seed stage?
Yes. CLOUDLAND CAPITAL MANAGEMENT, L.P. lists Seed, Series C+ and other among the stages it invests in.
What check size does CLOUDLAND CAPITAL MANAGEMENT, L.P. write?
CLOUDLAND CAPITAL MANAGEMENT, L.P. writes $300K–$20M checks.
Where does CLOUDLAND CAPITAL MANAGEMENT, L.P. invest?
CLOUDLAND CAPITAL MANAGEMENT, L.P. invests in the US.