Jay Landen | Principal
As a Principal and founding partner, Jay directs all aspects of LP Equity’s real estate investment fund including identifying new projects, financial analysis, due diligence, contract negotiation, acquisition, portfolio management, recapitalization, and dispositions. Jay has over 15 years of experience in the limited partner investment industry and prides himself in being able to structure mutually beneficial transactions and partnerships.
Since co-founding LP Equity, Jay has spearheaded the fund’s investment in over 300 multifamily housing communities totaling 35,000 apartment units and 1,400,000 square feet of commercial real estate. In his career he has overseen capital investments in 43 different states with a combined asset value in excess of $2 billion. He has also directed LP Equity’s expanded commercial real estate portfolio that includes investment positions in office, retail, industrial, and health care assets.
Before co-founding LP Equity Jay was, for seven years, acting VP at First Atlantic Capital, a large private equity investment fund focused on limited partner and general partner acquisitions.
Jay has a Masters degree in Business Administration and a Bachelor’s degree in Finance from East Carolina University. He resides in Wilmington, NC.
Adam McNutt | Principal
Another founding partner and Principal, Adam works closely with the LPE team directing day to day operations, identifying and analyzing new investment opportunities, coordinating limited partner transactions and overseeing IT management and inter office communication. Adam also works closely with his fellow partners with portfolio management, recapitalization strategies as well as with dispositions. With over 17 years of experience in the real estate and minority ownership investment marketplace Adam enjoys applying his wide range of expertise to each transaction creating a mutually beneficial outcome for all involved.
Another First Atlantic Capital alumnus, Adam has, through the course of his career, worked closely with managing partners and other industry pioneers, gaining valuable insight into the multi-family and affordable housing industry. He has a Bachelor of Science in Finance from the University of North Carolina at Wilmington and currently lives in Wilmington, NC with his 3 children, Finance’ and 4 bonus children.
Ashley LeBlanc | Partner
Ashley brings over 17 years of industry experience and has been an integral part of the LP Equity team since the company’s inception. Her specialized skill set and vast experience in the limited partner industry has helped facilitate the growth of LP Equity from a small startup company into the industry leader that it is today. Named a Partner in 2022, Ashley directs new business origination, corporate accounting, and human resources for the company.
Over the course of her career, Ashley has been a vital part of several successful business ventures involving real estate partnerships. Her knowledge of the syndicated partnership industry and attention to detail has created remarkable growth opportunities for LP Equity. Ashley’s new business origination efforts have resulted in the success of multiple private equity investment funds with holdings in 43 different states.
Prior to LP Equity, Ashley lead the research efforts for First Atlantic Capital, a large investment fund focused on limited partner and general partner acquisitions. Ashley lives in Wilmington with her husband and their two young daughters.
Roger Gendron | Principal
Presently, Roger is Managing Director of The Silver Street Group (TSSG) where he provides guidance on all aspects of the stabilized portfolio. Roger Gendron is also a co-founder of First Atlantic Capital, LLC (“FAC”). FAC was formed in 2005 as an affordable housing direct investment company out of Boston, MA and Wilmington, NC. Roger’s experience, connections, and expertise within the limited partner industry makes him a valuable asset to the LP Equity team.