Ali Houshmand

Ali Houshmand leads our non-traded REIT initiative as the Global Head of Non-Traded REITs for EQT Real Estate. In this capacity, he also serves as the President of EQRT since December 21, 2022, and has served as our Portfolio Manager and a director since June 2023. Furthering his responsibilities with us, he has been the Chairman of the Board of Directors of our Dealer Manager since February 2023. As part of his role at EQT Real Estate, Mr. Houshmand manages the formation, strategy, and portfolio management of EQT Real Estate’s non-traded REIT initiatives.

Before joining EQT Real Estate, Mr. Houshmand held the position of a Senior Portfolio Manager with the Texas Permanent School Fund (“TPSF”), a $50 billion endowment serving the public school system of Texas, from December 2014 to June 2022. As the Senior Portfolio Manager, he played a pivotal role in developing and executing the investment strategy of the real estate allocation of the TPSF. His leadership led to investments of more than $2 billion in commitments to real estate funds, co-investments, and separate accounts. He also served on multiple investment advisory boards on behalf of TPSF.

From February 2008 to March 2014, Mr. Houshmand served as a Principal with Arcapita, a global private equity firm. Here, he concentrated on structuring real estate joint venture investments and the asset management of existing investments. Before his tenure at Arcapita, Mr. Houshmand was a Development Manager with Sama Dubai, a sovereign wealth fund-backed developer in Dubai, from April 2007 to February 2008. He was also an Acquisitions Associate with Gladstone Commercial, a triple net leased focused U.S. REIT, from June 2006 to March 2007.

Mr. Houshmand started his career as an analyst in the diversified industrials corporate banking group of JPMorgan from June 2001 to June 2004. His academic achievements include an MBA from Darden at the University of Virginia and a BA in Economics and International Studies from Texas A&M University.