About Alpine Advisors
Firm Overview
Alpine Advisors is an independent real estate advisory firm focused on transaction due diligence, budgeting, and portfolio-level operational performance. We partner with acquisition teams, investors, owners, and operators to provide objective analysis that supports informed decision-making across the investment lifecycle.
The firm operates as a principal-led advisory practice, designed to deliver experienced, execution-minded insight at critical decision points — without conflicts or permanent overhead.
Our Origin and Purpose
Alpine Advisors was formed to address a recurring gap observed across institutional real estate investing: the disconnect between underwriting assumptions, compliance-level reporting, and real-world operating execution.
Across transactions and portfolio oversight, acquisition and asset management teams often rely on detailed analyst-driven models and third-party reports designed to meet diligence and compliance requirements. While these inputs are essential, they do not always reflect how assets operate day-to-day or how capital plans translate into execution over time.
Through extensive experience supporting transaction diligence, underwriting, and portfolio operations, Alpine Advisors identified consistent opportunities where operating realities differed meaningfully from diligence conclusions. In many cases, this gap led to capital plans that were misphased, misprioritized, or misallocated relative to actual operating needs — particularly across facilities, deferred maintenance, and long-term CapEx planning.
Alpine Advisors was created to help bridge this gap by providing independent, execution-minded advisory support that complements analytical diligence with real operating perspective. By integrating transaction analysis, budget review, and portfolio-level operational insight, the firm helps acquisition teams, investors, owners, and operators make more informed capital decisions grounded in how assets are actually executed and managed over time.
The Alpine Perspective
Alpine Advisors brings together deep real estate underwriting and operating expertise with executive-level financial discipline and decision frameworks. The firm was intentionally structured to support acquisition teams, investors, owners, and operators with independent advisory insight during moments that matter most — from transaction diligence through ongoing ownership and portfolio management.
Our work is grounded in:
Real-world operating and transaction experience
An independent, objective perspective supporting informed decision-making
A focus on execution risk, capital discipline, and decision-ready analysis
Leadership
John Cresto
Principal & Head of Real Estate Advisory
John Cresto leads Alpine Advisors’ real estate advisory practice, bringing more than 15 years of experience across capital planning, operations, and underwriting within institutional real estate environments.
Throughout his career, John has worked closely with investment, asset management, and operating teams to support capital and operating strategy across a $3B+ portfolio comprising more than 120 assets. His experience spans transaction diligence, capital execution, and portfolio operations, with a consistent focus on aligning underwriting assumptions with execution realities.
John was a key member of the team supporting a platform’s transition from public REIT ownership to a private structure, contributing to transaction due diligence, operating analysis, and post-transaction planning. Over the past six years, he also led CapEx and OpEx underwriting on more than $1B in acquisitions, partnering with cross-functional teams to assess execution risk, validate assumptions, and support disciplined investment decision-making.
His advisory experience includes acquisition and disposition due diligence, capital and operating budget review, and portfolio-level operational performance, grounded in firsthand operating experience and a practical understanding of how decisions translate into outcomes at scale.
Jamie Cresto
Founder & Managing Partner
Jamie Cresto is the Founder and Managing Partner of Alpine Advisors and is responsible for the firm’s strategic direction, operating model, and analytical rigor.
She brings experience working within private-equity-backed environments and alongside executive leadership teams, with a focus on institutional-grade financial modeling, forecasting, and executive decision frameworks. Her background includes advising and supporting leadership teams on complex planning, performance assessment, and capital allocation decisions.
At Alpine Advisors, Jamie provides strategic insight, financial analysis, and governance support that complements the firm’s real estate advisory work and ensures alignment with institutional standards and client objectives.
The Alpine Philosophy
The name Alpine Advisors reflects the firm’s emphasis on perspective and disciplined decision-making. Inspired by the vantage gained at elevation, the Alpine identity represents the ability to step back, assess risk and opportunity objectively, and navigate complex terrain with confidence.
Alpine Advisors applies that same perspective to real estate decision-making, helping clients evaluate the full landscape before committing capital or executing strategy.