Klaff Realty

Klaff Realty is a privately-held investment firm based in Chicago, Illinois, specializing in real estate and private equity transactions across the United States and Latin America. The firm targets value-add opportunities, particularly in distressed retail properties and undercapitalized retail companies, through acquisition, development, and management of retail, mixed-use, and office properties. It has raised over $800 million in equity capital and acquired properties or invested in entities controlling over 200 million square feet, valued at over $17 billion. Klaff Realty often partners with groups like the Pritzker family, Cerberus Capital Management, and Blackstone, and is involved in transactions such as Kmart, Hechingers, and Albertson’s. The firm was founded in 1988 by Hersch Klaff. Its business model centers on raises equity capital from limited partners including high net worth individuals, private funds, family offices, trusts, sovereign wealth funds, endowments, and foundations to invest in real estate and private equity opportunities.