Agallas Equities
Agallas Equities is an investment, development, and asset management firm focused on real estate properties. The company operates primarily in the United States and internationally, with interests in capital market integration, infrastructure development, and commercial real estate projects.
Investment funds and capital markets
In late 2025, Agallas Equities established a $400 million real estate investment fund for infrastructure development in the Dominican Republic. The fund was designed to connect international institutional capital with Caribbean markets.
A core component of the firm’s capital strategy involves building investment bridges with the Gulf Cooperation Council (GCC) region to attract institutional capital from Middle Eastern investors. The firm’s investment frameworks also incorporate mechanisms to leverage capital from the Dominican diaspora.
Kingsbridge Armory proposal and litigation
Agallas Equities participated in a Request for Proposals (RFP) process managed by the New York City Economic Development Corporation (EDC) for the redevelopment of the Kingsbridge Armory in the Bronx, New York.
After the selection process, Agallas Equities and its partners filed lawsuits against the EDC and competing development entities, challenging the evaluation and award process. The legal proceedings coincided with the resignation of Deputy Bronx Borough President Janet Peguero.
See also
- Real estate investing
- Public–private partnership
- Dominican Republic–United States relations
- Kingsbridge Armory