The first half of 2023 saw the rapid expansion of LP Equity’s portfolio in several different areas. Since January LP Equity II (LPE II), which was formed in May 2022, has acquired investment positions in 32 new partnerships with a combined asset value exceeding $285 Million dollars. Our Wilmington, NC based team facilitated 130 all cash transactions in the first half of 2023 that allowed the selling limited partners the opportunity to realize the value of their long-term investments immediately.
LP Equity II’s new acquisitions occurred across 18 different states. Investments were diversified across multiple sectors of real estate including affordable housing communities, market rate housing communities, industrial distribution centers, and retail shopping centers. Some notable investments include the acquisition of limited partner positions in several apartment assets in Florida, New Orleans, Maine, New York and Connecticut. LP Equity continued its rapid expansion into new asset classes including a significant investment in a 300,000 square foot distribution facility outside of Baltimore, Maryland.
In the past 15 months LP Equity II has acquired investment positions in 82 different partnerships with a combined asset value of more than $600,000,000.
LP Equity is excited about the opportunities that lie ahead in the second half of 2023. The company plans to continue its expansion into new asset classes and geographies. With over 18 years of experience in the syndicated partnership industry and a growing portfolio of investments, LP Equity’s platform continues to be a resource for limited partners who are interested in selling their interest in these non-traditional investment vehicles. To explore options for an accelerated capital event of your individual limited partnership interest, reach out to one of our team members to discuss how LP Equity could be a resource to help you or your clients.