Saluda Grade Expands Real Estate Ventures with Hillcrest Finance Acquisition

June 8, 2025 - 11:17

Saluda Grade, an alternative investment firm specializing in asset-based finance, has announced its acquisition of Hillcrest Finance, a minority- and women-owned investment firm known for its expertise in commercial real estate (CRE). This strategic move marks a significant expansion of Saluda Grade's real estate platform and enhances its capabilities in the residential real estate sector.

The acquisition comes approximately one year after Saluda Grade initially invested in Hillcrest Finance by acquiring a passive minority stake in June 2024. This prior investment laid the groundwork for the current acquisition, showcasing Saluda Grade's commitment to fostering diversity and inclusion within the investment landscape.

With this new addition, Saluda Grade aims to leverage Hillcrest's specialized knowledge and network in commercial real estate, further strengthening its portfolio. The acquisition is expected to create new opportunities for growth and innovation in the real estate market, benefiting both firms and their stakeholders.