New year, New office celebration (Cupertino office grand opening)
2025
february
Silicon Valley, CA – 2025 — AlphaX RE Capital has announced a strategic partnership with a leading U.S.-based real estate investment firm, culminating in a $30 million equity investment to establish a new housing brand, Kellog & Kay. This collaboration builds upon four years of mutual trust and performance between the two entities.
The initial capital injection of $30 million in common stock is set to be followed by an additional $20 million in a second phase later this year. Furthermore, both parties have agreed to an annual renewal of a $50 million capital commitment, underscoring a long-term vision for sustained growth and innovation in the housing sector.
Kellog & Kay aims to address California's housing challenges by focusing on "Missing Middle" infill housing—developments that bridge the gap between single-family homes and high-density apartments. The brand plans to deliver townhouses and small multi-family residences in central urban areas, contributing to more affordable and sustainable living options.
Preliminary estimates suggest that Kellog & Kay's projects in 2025 could reach a combined value of $250 million upon completion. With this initiative, AlphaX RE Capital continues its commitment to creating long-term value for clients and partners while addressing critical housing needs.