Build Passive Income. Preserve Capital. Create Lasting Wealth.
ALVEX Capital Group partners with accredited investors to acquire and operate cash-flowing multifamily properties in Puerto Rico and select U.S. markets. We combine disciplined underwriting with active management—focused on delivering strong returns while protecting your capital.
Building Wealth Through Carefully Selected Multifamily Investments
Our mission is to help investors build lasting wealth through carefully selected multifamily real estate.
We are committed to disciplined underwriting, active management, and honest communication, protecting investor capital while pursuing strong and durable returns.
We aim to build long-term partnerships and strengthen the communities where we invest.
Preserve Capital
Evaluate risks carefully and prioritize responsible investment decisions.
Create Lasting Value
Improve operations, resident experience, and property performance.
Communicate Clearly
Maintain transparent communication throughout the investment lifecycle.
The Principles Behind Every Decision
These values guide how ALVEX Capital Group works with investors, partners, residents, and the communities surrounding each property.
Integrity
Honest analysis, transparent communication, and accountability to every investor and partner
Discipline
Conservative underwriting, rigorous risk management, and adherence to proven investment principles
Excellence
Active management, continuous operational improvement, and a commitment to strong investor returns
Community
Responsible ownership and investment in the neighborhoods where we operate
Long-Term Thinking
Building sustainable wealth for our investors and their families, not chasing short-term gains
Meet the Founders
Leadership grounded in operational experience, real estate investing, disciplined decision-making, long-term relationships, and a commitment to creating lasting value for investors.
Lilian Valentim & Tony Muñoz
Co-Founders & Managing Partners
Lilian Valentim and Tony Muñoz co-founded ALVEX Capital Group on a simple principle: disciplined acquisition + hands-on management + transparent communication = investor returns.
Lilian drives the investment strategy. With 20+ years in procurement, supply chain, and cost control, she brings operational rigor to every deal evaluation. At ALVEX, she oversees acquisitions, underwriting, and value-add strategy. She also founded ALV Prime Capital – Consulting & AI Solutions , deploying AI agents that accelerate deal screening and market analysis while preserving human judgment on every investment decision.
Tony drives execution and investor alignment. An experienced operator with deep multifamily expertise, he oversees day-to-day asset management, investor relations, and capital raising. Tony's hands-on approach ensures every property performs and every investor stays informed.
Together: They have acquired 972 units across nine properties representing $110M+ in combined real estate assets, and both have personal capital invested alongside their partners.
Together, Lilian and Tony combine investment analysis, operational execution, asset management, investor relations, technology, and strategic decision-making to guide ALVEX Capital Group's multifamily investment platform.
Ready to Learn More?Experience Built Through Real Multifamily Investments
ALVEX Capital Group was built on real experience acquiring, operating, and optimizing multifamily assets.
Real operating experience.
Multifamily ownership experience across Puerto Rico and the United States.
Multifamily Investment Experience
A disciplined approach to ownership, operations, and investor returns.
- Our multifamily investment experience includes 972 units across nine properties in Puerto Rico and the United States, representing more than $110 million in combined real estate assets through LP, GP, and direct ownership positions.
- Delivered consistent cash returns to passive investors with annual distributions.
- Successfully repositioned underperforming assets through operational improvements, targeted renovations, and disciplined management, increasing NOI and investor equity.
Real Assets. Real Experience.
ALVEX Capital Group has successfully deployed over $110 million in multifamily real estate assets, managing 972 units across nine carefully selected properties in Puerto Rico and the United States. Our portfolio reflects a disciplined approach to value-add investing: acquiring underperforming assets, implementing operational improvements and targeted renovations, and delivering consistent returns to our investor base. Each property is selected for strong cash flow potential and a clear path to value creation.
Our Investment Approach
Every deal is evaluated using the same rigorous criteria.
Strong Cash Flow First
We acquire stabilized or value-add properties with proven income, not speculative plays on appreciation alone.
Institutional-Grade Underwriting
Conservative assumptions, stress testing, and honest risk analysis with no optimistic projections.
Active Management
We operate properties actively, not passively, optimizing rents, reducing expenses, and improving resident experience.
Transparent Communication
Quarterly investor reports, regular updates, and honest conversations about wins and challenges.
Capital Preservation
Risk management and downside protection take priority over chasing aggressive returns.
Markets & Strategy
We identify and acquire multifamily opportunities in markets with strong fundamentals, favorable demographics, and clear paths to value creation. Our current and past investments span Puerto Rico, the Southwest, Southeast, and Midwest, wherever we find disciplined underwriting opportunities and the operational capacity to execute.
Puerto Rico
Multifamily opportunities with strong cash flow and tax-efficient investor returns.
Select U.S. Markets
Value-add multifamily with solid fundamentals and clear operational upside.
Deal Size
$2M–$15M acquisitions, primarily 20–200 unit properties where active management creates measurable value.
Typical Strategy
Acquire underperforming or mismanaged assets, improve operations and resident experience, increase rents where supported by market, and deliver strong returns within 5–7 years.
Ready to Learn More?
If you're an accredited investor seeking passive income, tax efficiency, or capital allocation to real estate, we'd like to have a conversation. Subscribe to Deal Updates or contact us directly.