Longpoint Realty Partners, LP (“Longpoint”) is a real estate private equity firm and Registered Investment Adviser with its headquarters in Boston, MA. The Firm focuses on maximizing risk adjusted returns by employing a fundamental value strategy to real estate investing. Longpoint seeks to take advantage of secular changes in consumer behavior by acquiring “Last Mile” industrial and infill retail properties.
Founding Partners Dwight Angelini, Nilesh Bubna, Reid Parker and Robert Provost have worked together for the better part of ten years and have successfully navigated multiple market cycles.
Mr. Angelini serves as the Managing Partner guiding the firm’s overall strategy and is responsible for acquisitions in New York/New Jersey and Florida. He is a member of the Firm’s Investment Committee.
During his tenure at TA Associates Realty, Mr. Angelini was a key member of the management group. In addition, he was a voting member of the acquisitions committee for over seven years during the construction of four commingled funds totaling over $10 billion. At TA, Mr. Angelini acquired over $1.4 billion of real estate in major Northeast, Midwest and Southeast markets.
Prior to joining TA, Mr. Angelini was a portfolio manager for Banco Santander's Optimal Investment Services, S.A., a multi-strategy hedge fund and a member of the firm's Management and Investment Committees. Prior to Banco Santander, Mr. Angelini played a lead role in the creation of Envestnet Advisory Corporation, a successful start-up, and also assisted in the formation of its Investment Management Division. Mr. Angelini began his career at Goldman Sachs Group as a financial analyst in the Investment Management Division.
Mr. Angelini earned his MBA from Harvard Business School (2004), publishing two real estate business case studies still in use; and his BA in psychology from Yale University (1997), where he captained the soccer team. Mr. Angelini and his wife join other philanthropic professionals as members of the Boston Museum of Science’s Young Innovators.
Mr. Bubna oversees portfolio strategy and operations for the commingled funds and serves as the Chief Financial Officer. He is a member of the Firm’s Investment Committee.
At TA Associates Realty, Mr. Bubna oversaw the value-add portfolio management group for all commingled funds. Mr. Bubna also directly implemented multiple value-add and core strategies across a portfolio of real estate covering various East Coast markets. As a voting member of the finance committee, he negotiated new and renewal debt proceeds and oversaw the deleveraging and debt restructuring of multiple commingled funds. Prior to TA, Mr. Bubna spent 10 years at Arthur Andersen and Ernst & Young in public accounting and management consulting, serving clients in real estate and other industries around the globe.
Mr. Bubna earned his MBA from the Wharton School of the University of Pennsylvania (2008), graduating cum laude; and his bachelor of commerce from Sydenham College, Mumbai, India (1998) where he played snooker at the state level. In addition, he holds a Chartered Accountant designation.
Mr. Bubna has served as a guest lecturer of real estate finance at the Vanderbilt Owen Graduate School of Business in Nashville, TN. He is a member of the United Way Real Estate Breakfast Committee and is on the Board of the Real Estate Finance Association (REFA) in Boston. He is an avid squash player and equestrian.
Mr. Parker oversees asset management and development and is also responsible for acquisitions in Texas. He serves as the Chief Compliance Officer and is a member of the Firm’s Investment Committee.
Reid Parker has more than 25 years of real estate investment management experience. He joined TA Associates Realty in 1998 and served in a dual capacity in Portfolio Management and Asset Management for 17 years. Mr. Parker was the portfolio manager on five TA separate accounts that encompassed portfolios with a mix of core assets with an aggregate market value of more than $1.85 billion. He directed strategic portfolio decisions including acquisitions, dispositions and debt structuring.
During his tenure in asset management, Mr. Parker had direct oversight of assets and operating experience along the East Coast and Texas. Mr. Parker has created and implemented core, value-add and development strategies on over $6.0 billion worth of assets across industrial, office, retail and multi-family properties.
Prior to joining TA, he worked at AEW Capital Management in Boston where he helped identify and underwrite new acquisitions for AEW's opportunity fund. Prior to AEW, he worked at LaSalle Investment Management in New York City and Boston within their acquisitions and asset management groups. He graduated from Dartmouth College (1990) where he majored in economics. He enjoys racquet sports and is an avid recreational skier.
Mr. Provost oversees the acquisitions and dispositions process and is responsible for acquisitions in the Northeast, Mid-Atlantic and Southeast. He is a member of the Firm’s Investment Committee.
Mr. Provost has held senior positions in major real estate private equity firms with a special focus on sourcing, negotiating and executing over $2.7 billion of acquisitions over a 25-year career. He brings an extensive network of relationships, enabling Longpoint to access off-market opportunities on the East Coast.
Robert Provost joined TA Associates Realty in 2004 as a Partner in the Acquisitions Group, with primary responsibility for sourcing, underwriting and negotiating the purchase of industrial, office and retail assets along the East Coast.
Mr. Provost was also a key player in the firm's fund-raising activities. In this role, he was responsible for presentations to consultants, public and corporate pension plan boards, endowments and foundations.
Prior to joining TA, Mr. Provost was senior vice president/director of real estate acquisitions and dispositions for the Eastern United States for KBS Realty Advisors. At KBS, he acquired and oversaw the disposition of commercial real estate assets totaling over $1 billion. Previously, he worked in the Real Estate and Restructured Real Estate Departments at the First National Bank of Boston.
Mr. Provost holds a bachelor of arts in economics from the University of Vermont (1985) and an MBA (cum laude) from Boston University (1990). His interests include ice hockey, guitar and travel.