Blake Hansen Founder & CEO, Alturas  ·  Boise, Idaho

Operator  ·  Boise, Idaho  ·  building since 2007

Since 2007, my partners and I have built and bought 13 companies from Boise, Idaho.

I'm an operator, not an allocator. We buy the unglamorous businesses and the buildings nobody writes about, we improve them, and we don't sell them.

The Alturas Journal

One letter a month, from inside the platform.

What I'm building, what I'm learning, what's coming, and one question I'm still chewing on. No pitch.

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13Operating companies
4.56MSquare feet owned
550+Employees

As of Q3 2026  ·  Eagle, Idaho  ·  building since 2007

The companies

Two open-ended, evergreen funds sit alongside our real estate and business acquisition engines. The real estate fund is eleven years old, at $285.6 million raised from individuals and families rather than institutions. The business fund is four years old, at $17.2 million raised from the same investors.

Writing

  1. EssayThe sequence is the strategy
  2. EssayA job with a staff
  3. EssayControl on paper, consensus in practice
  4. EssayAsk if the mapmaker walked the terrain
Downtown Boise at sunset under a wide cirrus sky, the sun dropping behind the Idaho State Capitol dome.
Boise, Idaho.

I bought my first stock at eleven and my first rental property at twenty-two. I also lost every dollar I had in the market that same year, which taught me more than the buying did.

I've been wrong plenty since. We didn't see the 2022 rate spike coming. We were built for it, which is a different thing from predicting it.

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