Castle Peak Holdings

Profile

Castle Peak Holdings is a real estate investment firm based in the United States, co-founded by Ben Weinberg and Mike Weiss. The firm specializes in creating and scaling niche real estate platforms with a significant structural supply-demand imbalance and secular tailwinds. Castle Peak's unique approach is to build platforms that enable the firm to better price risk and solve complex problems in their chosen sectors. Their key differentiator lies in their ability to focus on asset classes that are often overlooked by traditional investors, enabling them to identify and capitalize on lucrative opportunities in underutilized markets.

The firm targets opportunistic investments predominantly in real estate sectors, focusing on unique asset classes such as hotels and resorts in outdoor and destination locales like national park gateway towns and ski resorts. With a typical investment horizon of 7-10 years, Castle Peak aims to create value and generate substantial returns for its investors. Currently, the firm has $315 million under management in its second opportunistic vehicle. Strategic partners such as Stone Point Capital, KOCH, and Marriott International support Castle Peak's ventures.

Notable investments include Trailborn, their hospitality brand, which operates hotels and resorts in outdoor settings. This platform exemplifies their strategy of investing in category-defining real estate ventures. The firm's investments reflect its focus on leveraging the potential of untapped real estate markets through carefully curated partnerships and strategic capital allocations.