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Excelsa

Excelsa is an investor and property developer. We invest in the US, Europe, Middle East and Africa.

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    • Multifamily Investment Overview
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      • Fund II – EXCELSA US REAL ESTATE II, LP
      • Fund I – Excelsa US Real Estate I, LP
      • Aquila Portfolio
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Investment Vehicles
Excelsa's US operations are structured through three investment vehicles with multifamily as their core focus.

Investment Vehicles

Fund II - EXCELSA US REAL ESTATE II, LP

Fund II – EXCELSA US REAL ESTATE II, LP

Fund II – Excelsa US Real Estate Partners II, LP is Excelsa's second multifamily-focused fund. The fund closed with $153 MM in commitments allowing us to acquire $400 MM – $600 MM worth of assets.

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Fund I – EXCELSA US REAL ESTATE I, LP

Fund I – Excelsa US Real Estate I, LP

Fund I – Excelsa US Real Estate I, LP is Excelsa’s first multifamily-focused fund. EUSRE I has invested $86 MM of equity, acquiring around $350 MM worth of U.S. multifamily properties.

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Aquila Portfolio

Aquila Portfolio

Launched in 2009, Aquila Invest is Excelsa’s legacy portfolio consisting of a pool of individual LP and co-GP positions with $35 MM in cumulative invested equity.

Excelsa is currently divesting the Aquila portfolio.

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Copyright © 2025 · Excelsa