MSquared is a women-owned real estate impact platform specializing in mixed-income, mixed-use projects that promote affordability, sustainability, and diversity​.

​We manage discretionary funds that invest in mixed-income housing in cities across the country.

We leverage our expertise in urban development and mixed-income financing to build innovative projects.

We provide creative solutions to address the challenges and complexities of urban development.

$525M+
Assets Under Management
7,100+ units
in development, acquired, or completed
60% Affordable Housing
Rent-restricted, income-tested units
~$2B
in development and investment
Featured News
Commerical Observer
October 1, 2025
MSquared Completes First Close for National Housing Fund
The Latest
City of Eugene, Oregon City Hall
September 30, 2026
Strong Partnerships Bringing More Housing to Downtown at 1059 Willamette
Crain's New York
September 23, 2026
Lin-Manuel Miranda-backed People’s Theater finalizes purchase of new Inwood home
PERE
June 22, 2026
Affordable housing or returns: The development equation

Our People

Led by former NYC Deputy Mayor for Housing & Economic Development, Alicia Glen, MSquared’s team brings extensive expertise and a deep commitment to social impact.
Alicia Glen
Founder & Managing Principal
Carolee Fink
Principal & Chief Operating Officer
Meet Our People