Alisa Baker Capital LLC
Alisa Baker Capital LLC
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Alisa Baker Capital LLC

Alisa Baker Capital LLCAlisa Baker Capital LLCAlisa Baker Capital LLC

Alisa Baker Capital LLC

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About Us

Our Vision

We invest nationwide in value-add multifamily, and in the development of  land for retail and data centers. We also help others build and scale real estate portfolios through education, strategy, and execution support. 

Projects and Partnerships

 We focus on real estate investing, development, and syndication—partnering with aligned operators to create assets positioned for long-term performance. We hold real estate licenses in multiple states, supporting efficient deal sourcing and execution. 

Alisa Baker

Alisa Baker

Alisa Baker Capital LLC

We invest in commercial real estate, with a concentration in value-add multifamily syndication, and land development of retail, multi-family, and data centers.  We focus on identifying opportunities, structuring partnerships, and executing business plans designed to drive long-term performance.

Find out more

Our Team

Alisa Baker

Paul Montelongo

Founder


I invest in residential and commercial real estate, with a concentration in value-add multifamily syndication and development. As a General Partner, I focus on identifying opportunities, structuring partnerships, and executing business plans designed to drive long-term performance and durable value creation.

I am actively involved in two land development projects, including a planned multifamily development and a multi-pad retail project. I also hold multi-state real estate licenses, enabling streamlined execution and market-level agility.

Before entering real estate, I worked as an ICU Registered Nurse, where I built strong foundations in analytical decision-making, composure under pressure, and high-trust professional collaboration. A cancer diagnosis and recovery during the 2020 pandemic became a defining catalyst in my transition—reinforcing my commitment to building long-term value through real assets and strategic partnerships. 

Paul Montelongo

Paul Montelongo

Strategic Advisor


Paul Montelongo is a life-long investor, entrepreneur, and business owner. Paul has built, owned, and operated eight   multi-million-dollar businesses in his 40-year career. These companies have generated over $140million in revenue and have employed hundreds of people.

He invests in underperforming specialty properties in emerging markets, i.e., marinas, resort properties, apartment units, events facilities, and self-storage, as well as residential properties.

Currently, Paul has investments and dispositions in more than 1392 units in eight different markets in the country. These units are comprised of multi-family apartments, marina, events, and resort assets.

In addition to his personal investments, Paul works with Real Estate Investors and Real Estate professionals as a mentor to help them balance their life, extract more profit from their deals and create connections with other entrepreneurs.

Paul’s businesses have included high-end construction and remodeling, casualty management, flipping residential properties, sales, and mentoring operations.

Paul has made hundreds of professional speaking appearances at Real Estate and Construction Industry conferences around the country and world, including Canada, New Zealand, and Romania. He has authored three books, hundreds of training videos, and audio programs, more than two hundred trade journal articles for the construction and real estate industry on sales, marketing and project management.

David Douglas

David Douglas



Partner

 

 David is an Army veteran and commercial real estate investor who brings a disciplined, relationship-driven approach to long-term value creation. His path from military service to technology and ultimately to real estate has shaped a belief that strong outcomes are built through preparation, transparency, and alignment.

During his service in the U.S. Army, David developed a deep respect for accountability, teamwork, and decision-making under pressure. Those principles carried into his career as a technology professional, where he worked within complex systems that required clear communication, thoughtful risk management, and follow-through. Over time, he became drawn to commercial real estate as a way to pair analytical rigor with tangible assets that serve real communities.

Today, David focuses on commercial real estate opportunities grounded in strong fundamentals and trusted partnerships. He gravitates toward necessity-based assets and experienced operators who value transparency, clear communication, and long-term thinking. David is intentionally selective in the opportunities he pursues, believing that the right partnerships matter just as much as the right deals.

Relationships are central to how David operates. He prioritizes openness, alignment of incentives, and trust, and he views real estate as a long-term business built on reputation rather than transactions



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Highlighted Current Project

Fayetteville, Arkansas

$41,900, 000  total under contract currently

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Buy Boxes

Existing Multi-family

Land Development for Multi-family or Retail

Land Development for Multi-family or Retail

Population of 75k and above (preferably 100k & above)

 

Major Airport within 45 mins of the property, with at least one major carrier (Preferably 30 mins)


80 unit building and up (Preferably 120+) 


1980 and newer


8% or above average Cash on Cash return over the life of the deal (This is the average)


AAR of 20% over the life of the deal (Cash on cash & increased equity at sale combined)

 

  • Returns: 18%-22% ARR, 5-7 years hold, 7% PR for Investors. 
  • Strong Value Add 
  • Rent growth: More than 5% YOY

Land Development for Multi-family or Retail

Land Development for Multi-family or Retail

Land Development for Multi-family or Retail

 Purchase price: $1M – $50M
 

  • Total project cost: $10M – $100M+
     
  • Target: 5–30+ acres depending on density


  • garden-style (2–3 stories)
     
  • mid-rise (4–6 stories)
     
  • build-to-rent communities (optional)

 

  • Target project IRR: 18% – 30%+
     
  • Timeline: 18–48 months
     
  • Exit options:
     
  • entitled land sale
     
  • joint venture with vertical developer
     
  • build + stabilize (longer timeline)

 

  • Proximity to:
     
  • employment hubs
     
  • highways and major arterials
     
  • schools and lifestyle amenities
     
  • Strong rent comps and absorption
     
  • Low supply pipeline preferred

Land Development for Data Centers

Land Development for Multi-family or Retail

Land Development for Data Centers

 Primary & emerging data center markets
 

  • Pro-business jurisdictions with streamlined permitting
    Target market types:
  • Tier 1 hubs (high demand / higher pricing)
     
  • Tier 2 growth markets (strong upside / lower basis)
    Key selection drivers:
  • utility cooperation
     
  • power availability timeline
     
  • fiber infrastructure
     
  • low natural disaster risk
     
  • Typical target:


  • 50-500 acres
     
  • Smaller sites possible for edge facilities: 5–20 acres
     
  • Campus-scale sites preferred for scalability and phased builds
    Minimum requirements:
  • 50 MW+ total expandable capacity preferred
     
  • Minimum viable: 10–20 MW (edge or smaller colo)
     
  • Hyperscale target: 100–300+ MW expandable over time
    Must have:
  • proximity to transmission/substation
     



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FAQ

Our mission at Alisa Baker Capital LLC is to develop partnerships and invest in commercial real estate, with the utmost integrity. We concentration in value-add multifamily syndication, and land development of retail, multi-family, and data centers.  We focus on identifying opportunities, structuring partnerships, and executing business plans designed to drive long-term performance.


 The sponsor (also called operator) finds the deal, arranges financing, manages renovations, oversees property management, and executes the business plan. 


 Yes, depending on the structure (for example 506(b) offerings), but it depends on the specific deal and regulations. 


 

  • High upside potential
     
  • Strong demand in growing areas
     
  • Value creation through entitlements and improvements


 Raising capital allows us to acquire larger, higher-quality properties and scale more efficiently while giving investors access to opportunities they may not be able to purchase on their own. 


 

Returns typically come from:

  • Cash flow distributions (when applicable)
     
  • Profit from refinance or sale
     
  • Appreciation and value creation through the business plan


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