Alison Dimick Malkhassian is a 30-year veteran of the real estate industry with more than 25 years
exclusively dedicated to all facets of multifamily investments. Her experience runs across a variety of
capital platforms, including investment banking, pension fund advisory, public REIT and private equity.
Over the course of her career as a multifamily specialist, she has overseen or completed the
acquisition of over $1.1 billion in assets, $725 million of dispositions, $300 million in structured finance
transactions, and $2 billion in M&A transactions.
In 2012, Malkhassian formed Alara Ventures to focus on investing exclusively in multifamily
opportunities offering high risk-adjusted returns. Alara achieves this by utilizing moderate levels
of leverage; investing in highly desirable or unique locations; in assets especially well-suited to a
definable demand in the renter market within that specific location; and, offering multiple exit
opportunities. The firm invests with its high net-worth investor partners and to date has acquired
approximately 1,500 units valued at over $165 million.
Prior to forming Alara Ventures, she served as an Officer and Senior Vice President of Camden
Property Trust where she led acquisitions, dispositions, and research for the company between
1997 and 2003. In her capacity as a company Officer, she sat on the Investment Committee and
approved in excess of $1 billion in development activity during her tenure.
Malkhassian has served as the Director of Multifamily Investments for The Lionstone Group
where she was responsible for all aspects of the firm’s multifamily platform including the
development of its multifamily investment strategy, research, acquisitions and dispositions. Prior
to that she served as President of U.S. Residential, a subsidiary of U.S. Advisors, where she
was responsible for the Company’s multifamily investments. Before joining US Advisors,
Malkhassian served as EVP and Chief Investment Officer for WMC/Walden Investment
Partners, a subsidiary of Olympus Real Estate Partners.
She is a long-time member of National Multi-Housing Counsel and has been featured in articles
in London Financial Times, Barron’s and other publications regarding investment strategy and
structured transactions. She graduated from The University of California at Davis and lives in
Houston with her husband and son.