Tech Company Financing Transactions
Longpoint Funding Round
Longpoint, based in Boston, secured $225 million from private investors.
Transaction Overview
Company Name
Announced On
3/13/2023
Transaction Type
Venture Equity
Amount
$225,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The fund is expected to consist of 17 to 20 shopping centers nationwide. To date, the fund has acquired eight properties representing an aggregate cost of $166 million in Dallas, Miami, Orlando and Los Angeles.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
116 Huntington Ave #601
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
Longpoint is an owner and operator of real estate focused on serving the evolving needs of consumers. Longpoint's Founding Partners' bring 90 years of complementary experience investing in retail and industrial assets in our high-growth, education driven markets. We seek to acquire underperforming properties at attractive prices and create value at the asset level through a proven investment approach. Our talented team of investment and operations professionals is driven by a clear mission and purpose
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dwight Angelini
Chief Financial Officer
Nilesh Bubna
Browse more venture capital transactions:
Prev: 3/13/2023: Saasguru venture capital transaction
Next: 3/13/2023: Vivasure Medical venture capital transaction
Share this article
About Database of VC Transactions
We do our best to record every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs