trd topics

    X


    NAME


    EMAIL


    SUGGESTED
    UPDATE

    [wpgdprc "By using this form you agree with the storage and handling of your data by this website."]

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    advanced search

    Rockpoint Group


    500 Boylston Street, Suite 1880
    Boston, MA 02116
    (617) 437-8400
    Website
    [email protected]

    Rockpoint Group is a Boston-based real estate private equity fund, founded in 2003 by Bill Walton and Keith Gelb, who continue to manage it. Since inception, Rockpoint's funds have raised a total of more than $25 billion in capital commitments to invest in 426 transactions with a total peak capitalization of approximately $64 billion (inclusive of fund equity, co-investor equity and debt).

    Notable deals in New York include the $218 million purchase of The Wimbledon, an Upper East Side luxury residential rental property with 223 units, from J.P. Morgan Investment Management at the end of 2014. Rockpoint teamed up with the Feil Organization to buy 83 percent of RCG Longviews 200 West 57th Street office building for just over $120 million in April 2015. The Boston-based firm paid $303.4 million for the 30-story office tower at 5900 Wilshire along L.A.'s Miracle Mile in 2020.

    In 2020 Rockpoint agreed to pay a $5 million settlement to as many as 4,800 current and former tenants in two buildings in Manhattan's Financial District to settle a lawsuit related to the 421-g tax-break program.

    Also in 2020, Rockpoint announced a $1 billion joint venture with Invitation Homes to focus on buying and renovating rental homes across the U.S.

     

    Keith Gelb
    Rockpoint Group, Founding Managing Member
    500 Boylston Street, Suite 1880, Boston, MA, (617) 437 8400
    Keith Gelb is a founding managing member of Rockpoint Group, a Boston-based real...
    Tom Gilbane
    Rockpoint Group, Managing Member
    500 Boylston Street, Suite 1880, Boston, MA, (617) 437 8400
    Tom Gilbane is a managing member at Rockpoint Group, a Boston-based real estate...
    For more info, click here
    • Event Retail Leasing
    • Address 412 West 15th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 12,176
    • Publication Date 01/17/2020
    • Event Date 01/16/2020
    • Party 1 Rockpoint Group, Highgate Holdings
    • Party 1 Brokerage Newmark Knight Frank
    • Party 1 Broker Karen Bellantoni, Pierce Thompson, Caleb Petersen
    • Party 2 Nusr-Et
    • Party 2 Brokerage Colliers International
    • Party 2 Broker Thomas Citron
    notes
    The Salt Bae-owned steakhouse inked a lease for the Chelsea building.
    For more info, click here
    • Event Office Leasing
    • Address 412 West 15th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 27,177
    • Publication Date 10/11/2019
    • Event Date 10/10/2019
    • Party 1 Rockpoint Group, Highgate Holdings
    • Party 1 Brokerage CBRE
    • Party 1 Broker Neil King
    • Party 2 Project Worldwide
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Matthew Fisher, Yarden Drimmer
    notes
    The marketing and ad conglomerate signed a lease for the Chelsea building.
    For more info, click here
    • Event Office Leasing
    • Address 412 West 15th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 27,177
    • Publication Date 10/11/2019
    • Event Date 10/10/2019
    • Party 1 Rockpoint Group, Highgate Holdings
    • Party 1 Brokerage CBRE
    • Party 1 Broker Neil King
    • Party 2 Project Worldwide
    • Party 2 Brokerage Cushman & Wakefield
    • Party 2 Broker Matthew Fisher, Yarden Drimmer
    notes
    The marketing and ad conglomerate signed a lease for the Chelsea building.
    For more info, click here
    • Event Sales
    • Address One Dag Hammarskjöld Plaza
    • Neighborhood Midtown East
    • Borough Manhattan
    • Square feet 815,000
    • Price $ 600,000,000
    notes
    The buyer secured the Midtown East property for $600 million.
    For more info, click here
    • Event Financing
    • Address One Dag Hammarskjöld Plaza
    • Neighborhood Midtown East
    • Borough Manhattan
    • Square feet 815,000
    • Price $ 430,000,000
    notes
    The lender issued an acquisition loan of $430 million for the Midtown East property.
    For more info, click here
    • Event Office Leasing
    • Address 413 West 14th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 33,192
    notes
    The flexible workspace provider signed a 15-year lease for the Chelsea building.
    For more info, click here
    • Event Office Leasing
    • Address 412 West 15th Street
    • Neighborhood Meatpacking District
    • Borough Manhattan
    • Square feet 20,756
    notes
    The concert promoter and venue operator inked a lease for the 2nd and 3rd floors of the Meatpacking District building.
    For more info, click here
    • Event Sales
    • Address 1700 Broadway
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 626,000
    • Price $ 465,000,000
    notes
    The buyer acquired the Midtown oficer tower for $465 million.
    For more info, click here
    • Event Financing
    • Address 44 West 44th Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 36,400,000
    notes
    The joint venture obtained a loan.
    For more info, click here
    • Event Financing
    • Address 413 West 14th Street
    • Neighborhood West Chelsea
    • Borough Manhattan
    • Square feet 32,741
    • Price $ 117,000,000
    • Publication Date 08/01/2017
    • Event Date 06/21/2017
    • Party 1 Rockpoint Group
    • Party 2 Bank of the Ozarks
    notes
    The real estate private equity fund received a loan
    For more info, click here
    • Event Office Leasing
    • Address 413 West 14th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 48,000
    • Publication Date 04/01/2017
    • Event Date 02/15/2017
    • Party 1 Rockpoint Group, Highgate, Meilman Family
    • Party 2 Argo Group
    notes
    The Bermuda-based insurer signed a lease, taking the top two floors.
    For more info, click here
    • Event Financing
    • Address 67 Wall Street
    • Neighborhood Wall Street
    • Borough Manhattan
    • Square feet 400,000
    • Price $ 280,000,000
    notes
    The company secured a $280 million loan for the multifamily towers.
    For more info, click here
    • Event Sales
    • Address 71 Wythe Avenue
    • Neighborhood Williamsburg
    • Borough Brooklyn
    • Square feet 33,000
    • Price $ 37,000,000
    notes
    The home of the Brooklyn Bowl and Brooklyn Brewery sold for $37 million.
    For more info, click here
    • Event Sales
    • Address 1 Soho Square
    • Neighborhood SoHo
    • Borough Manhattan
    • Square feet 750,000
    • Price $ 650,000,000
    • Price per foot $ 866.00
    notes
    A 40% interest in the office and retail project sold for $650 million.
    For more info, click here
    • Event Sales
    • Address 442 Lorimer Street
    • Neighborhood Williamsburg
    • Borough Brooklyn
    • Price $ 60,000,000
    notes
    The rental portfolio sold for $60 million and included 164 Havemeyer Street and 181 Havemeyer Street.
    For more info, click here
    • Event Office Leasing
    • Address 161 Sixth Avenue
    • Neighborhood Soho
    • Borough Manhattan
    • Square feet 26,022
    notes
    The office management company singed a 10 year lease.
    For more info, click here
    • Event Sales
    • Address 421 West 14th Street
    • Neighborhood Meatpacking
    • Borough Manhattan
    • Square feet 50,214
    • Price $ 23,000,000
    • Price per foot $ 458.04
    • Publication Date 03/01/2016
    • Event Date 01/01/2016
    • Party 1 Meilman Family Real Estate
    • Party 2 Rockpoint Group
    notes
    A $23 million ground lease was signed including 421 West 14th Street and 436 West 15th Street.
    For more info, click here
    • Event Sales
    • Address 184 Kent Avenue
    • Neighborhood Williamsburg
    • Borough Brooklyn
    • Square feet 338
    • Price $ 275,000,000
    • Price per foot $ 813,609.47
    For more info, click here
    • Event Sales
    • Address 200 East 82nd Street
    • Neighborhood Upper East Side
    • Borough Manhattan
    • Price $ 218,000,000
    For more info, click here
    • Event Financing
    • Address 200 East 82nd Street
    • Neighborhood Yorkville
    • Borough Manhattan
    notes
    A $115 million acquisition loan was provided for the mixed-use building. 28-story
    For more info, click here
    • Event Office Leasing
    • Address 430 West 15th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 77,293
    notes
    The data analytics company signed a 15-year lease to occupy the second through seventh floors, and parts of the ground floor and lower level. The reported asking rent was between $90 and $100 per square foot.
    For more info, click here
    • Event Office Leasing
    • Address 430 West 15th Street
    • Neighborhood Chelsea
    • Borough Manhattan
    • Square feet 77,293
    notes
    The analytics company signed a 15-year lease to occupy the second through seventh floors. The reported asking price was between $90 and $100
    For more info, click here
    • Event Sales
    • Address 205 East 45th Street
    • Neighborhood Grand Central
    • Borough Manhattan
    • Price $ 115,000,000
    notes
    The Alex Hotel sold for $115 million.
    For more info, click here
    • Event Sales
    • Address 790 Seventh Avenue
    • Neighborhood Midtown West
    • Borough Manhattan
    • Price $ 275,000,000
    • Publication Date 11/01/2012
    • Event Date 09/22/2012
    • Party 1 Starwood Hotels & Resorts
    • Party 2 Rockpoint Group, Goldman Sachs Real Estate Principal Investment Area, Highgate Holdings
    notes
    The Manhattan at Times Square Hotel sold for $275 million, the New York Observer reported.
    For more info, click here
    • Event Sales
    • Address 55 East 42nd Street, 49 East 52nd Street
    • Neighborhood Midtown
    • Borough Manhattan
    • Price $ 569,100,000
    • Publication Date 12/01/2011
    • Event Date 10/17/2011
    • Party 1 Rockpoint Group
    • Party 1 Brokerage CBRE
    • Party 2 Soho China
    To see all, go to Advanced Search
    414 West 15th Street
    Manhattan, 10011
    ROCKPOINT GROUP | HIGHGATE HOLDINGS | MEILMAN FAMILY REAL ESTATE, 412W15 LESEE, L.P.
    This property is a new development. The developer(s) filed plans in June of...

    The investment sales shakeout
    02/01/2018
    Those include Rockpoint Group and Brooksville Company’s $905 million purchase of Starrett City; WeWork and Rhone Group’s $850 million purchase of the Lord & Taylor flagship; and Oxford Properties Group’s $700 million purchase of the St...

    The 10 most valuable Brooklyn condo filings accepted in 2016
    12/28/2016
    Clockwise from left: Vue Condominium at 1821 Emmons Avenue, Austin Nichols House at 184 Kent Avenue, Hendrik Condominium 509 Pacific Street, The Baltic at Clockwise from left: Vue Condominium at 1821 Emmons Avenue, Austin Nichols House at 184 Kent Avenue, Hendrik Condominium 509 Pacific Street, The Baltic at...

    Brooklyn’s (next) boom
    09/01/2015
    From left: Greenland Forest City Ratner Partners' 550 Vanderbilt in Pacific Park and Hudson Companies' Gowanus Green Take a good look at the Brooklyn skyline, From left: Greenland Forest City Ratner Partners' 550 Vanderbilt in Pacific Park and Hudson Companies' Gowanus Green Take a good look at the Brooklyn skyline,...

    Private equity’s new game plan
    05/01/2015
    In the years following the financial crisis, private funds such as Blackstone, Rockpoint Group and Savanna were among the few players with money to spend...

    Real Estate’s Rising Stars
    04/01/2015
    The project earned a Building Brooklyn Award in 2011 from the Brooklyn Chamber of Commerce for adaptive reuse. Jared Kushner, with partners LIVWRK and the Rockpoint Group, recently bought the building for $275 million...

    Commercial side's 'flight to quality'
    12/10/2010
    Indeed, 11 deals above $100 million have closed or are under contract so far this year, compared with just three such deals last year, said Helen Hwang, an executive vice president in the New York Capital Markets Group at Cushman. Thor Equities' July deal for the Takashimaya Building at 693 Fifth Avenue for $142 million, and Rockpoint Group's purchase of a nearly 50 percent stake in Park Avenue Plaza on East 52nd Street for $335 million, are two major examples...
    414 West 15th Street
    Manhattan, 10011
    ROCKPOINT GROUP | HIGHGATE HOLDINGS | MEILMAN FAMILY REAL ESTATE, 412W15 LESEE, L.P.
    This property is a new development. The developer(s) filed plans in June of...