Longpoint has closed a $225M fund to invest in real estate properties and shopping centers.
Since its inception, the company has invested $2.1B in over 100 deals.
- The company uses its funds to acquire grocery-anchored neighborhood shopping centers with long-term investment value.
- Longpoint mainly invests in Florida, California, and Texas and focuses on ethnically diverse neighborhoods.
- The fund will be officially named Longpoint Specialty Grocer Fund I.
- In addition to retail, the company also invests in warehouses and other commercial properties around the U.S.
- The
firm is based in Boston, Massachusetts, but also has offices
in Atlanta, Dallas, Los Angeles, Miami, New Jersey, and Washington D.C.
