[Private Equity Series] Unlocking Real Estate's Best-Kept Secret With Alice Chen

Alice Chen is the Partner & U.S. Leader at Pender Hastings Capital, a private equity firm specializing in niche, high‑return land development and real estate strategies. A former corporate and M&A lawyer, she pivoted into private equity and has built, operated, and exited multiple businesses across international trade, financial services, CPG, and technology. Named a “Top 40 Under 40” and featured in publications such as The Wall Street Journal, Forbes, and Success Magazine, Alice regularly shares her expertise through thought leadership and podcasts. She is deeply engaged in scaling U.S. land developers with strategic capital and advancing the firm’s mission to partner with founders driving long‑term value.

In this episode…

Many investors struggle to find real estate opportunities that balance risk, scalability, and meaningful returns — especially in a volatile interest rate environment. Traditional multifamily strategies have become saturated or unstable, and it’s hard to identify truly differentiated theses. How can investors uncover high-return niches that are both under-the-radar and backed by strong fundamentals?

Alice Chen, an investor and private equity expert, shares how her firm navigated away from unstable multifamily deals and toward land development — an overlooked segment with a high barrier to entry. Alice explains how land development offers a built-in moat due to long-standing relationships and operational expertise that are hard to replicate. She advises investors to pursue strategies aligned with macroeconomic tailwinds, like the U.S. housing shortage, and stresses the importance of timing, mentorship, and relationship-building in achieving sustained success.

In this episode of the Inspired Insider Podcast, Dr. Jeremy Weisz interviews Alice Chen, Partner at Pender Hastings Capital, about seizing overlooked investment opportunities. Alice discusses how to evaluate land development as a private equity strategy, the importance of choosing the right co-founders, and the role personal routines play in professional success. She also shares insights on portfolio diversification, healthy habits, and early career lessons from M&A law.