Rockpoint Group

What Rockpoint Group does

Rockpoint Group L.L.C. is a Boston-headquartered, US-domiciled real estate private equity firm founded in 2003 (with investment heritage tracing to predecessor Westbrook Real Estate Partners, founded 1994). It sponsors 19 investment vehicles across two distinct platforms: an Opportunistic Investment Program targeting inefficiently priced or misunderstood assets where proactive asset management can drive value, and a Growth and Income Platform focused on lower-risk assets where minor operational or physical improvements foster incremental yield. The firm invests in high-quality, well-located multifamily, industrial, office and hospitality properties across select US markets, executing through direct origination and joint ventures with operating partners and developers.

As of December 31, 2025, Rockpoint reported $13 billion in Net Assets Under Management (defined as total assets plus unfunded capital commitments), $29 billion in cumulative capital commitments, and $83 billion in total peak capitalization across 517 transactions since inception. Property and relationship management is delivered through wholly-owned affiliate Rockhill Management, which employs a tailored, technology-enabled approach and has earned 5-star GRESB, 98% LEED-certified office portfolio, and 100%/80% WELL Health and Safety ratings on its office and multifamily portfolios respectively.

The firm generates revenue through management fees on funds and co-investment vehicles, performance-based carried interest across opportunistic and growth-and-income strategies, and transaction/deal fees from acquisitions, developments, joint ventures and dispositions. Capital is raised through direct institutional relationships with pension funds, endowments, sovereign wealth funds and family offices across six global offices (Boston, San Francisco, Dallas, London, Dubai, Seoul). Following a January 2026 leadership transition, Keith Gelb serves as Executive Chairman while Tom Gilbane and Aric Shalev serve as Co-CEOs, overseeing East Coast and West Coast investment teams respectively.

Name

Rockpoint Group

Legal name

Rockpoint Group L.L.C.

Website

https://rockpoint.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

51–100 employees

Short description

Rockpoint Group is a Boston-based real estate private equity firm managing $13 billion in Net AUM across two investment platforms, investing in US multifamily, industrial, office and hospitality properties on behalf of institutional investors globally.

Ownership category

akta.pro rank

Product category

Real Estate Private Equity

NAICS

Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (52592)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC)

akta.pro secondary industry

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

Keywords

• Real estate private equity
• Commercial real estate investment
• Institutional asset management
• Property investment funds
• Real estate investment management

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees: Rockpoint generates management fees from its funds and co-investment vehicles. Net AUM for funds or co-investment vehicles is calculated as total assets plus unfunded capital commitments. The firm had $13 billion in Net Assets Under Management as of December 31, 2025.
2. Carried Interest / Incentive Fees: Performance-based carried interest from fund investments with distinct return profiles including opportunistic and growth and income strategies. Returns are generated through impactful asset management on inefficiently priced or misunderstood investments.
3. Transaction/Deal Fees: Fees generated from acquisition, development, and disposition of real estate assets across the portfolio including joint venture arrangements.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Rockpoint Group is a real estate private equity firm that manages investment funds targeting US commercial real estate across multifamily, industrial, office, and hospitality property types. It operates two distinct investment platforms: an Opportunistic Investment Program that targets inefficiently priced or misunderstood investments where proactive asset management can enhance value, and a Growth and Income Platform focused on lower-risk assets where operational improvements generate incremental yield. Property management services are delivered through its wholly owned affiliate Rockhill Management.

Product overview

Rockpoint Group is a real estate private equity firm that operates two distinct investment platforms: an Opportunistic Investment Program targeting investments with potential for enhanced value through inefficient pricing or proactive asset management, and a Growth and Income Platform focused on lower-risk assets where operational improvements generate incremental yield. The firm provides property management services through its affiliate Rockhill Management, which delivers technology-enabled property and relationship management across the firm's portfolio of multifamily, industrial, office, and hospitality properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Opportunistic Investment Program

Quantifiable outcome

• 517 investments completed since inception
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• LCORcoreStrategic or Co-development Partner · 16 June 2026Rockpoint formed a joint venture with LCOR (a fully integrated multifamily development, investment, and operating company) and Potomac Investment Properties to acquire an office property in Georgetown, Washington D.C. and transform it into a 299-unit multifamily community. The project represents the first conversion to deliver multifamily rental units in Georgetown in decades.
• Potomac Investment Properties (PIP)coreStrategic or Co-development Partner · 16 June 2026PIP (investment arm of the Gewirz family office, a 100-year-old third-generation real estate company) partnered with Rockpoint and LCOR for the Georgetown office-to-residential redevelopment. PIP entitled the redevelopment and secured approvals from Old Georgetown Board and U.S. Commission of Fine Arts.
• HighgatecoreStrategic or Co-development Partner · 1 April 2026Rockpoint and Highgate formed a joint venture in 2021 specifically to develop select-service and extended-state hotels. The JV has completed its second property exit with the sale of Home2 Suites by Hilton Lake Mary in Orlando, Florida.
• The Morgan GroupcoreStrategic or Co-development Partner · 4 February 2026Rockpoint and The Morgan Group announced a joint venture to acquire and develop Caroline at Sunrise, a garden-style apartment community in Sunrise, Florida with 452 total units (412 apartments and 40 townhomes) on a 21-acre property.
• Humbold Real Estate VenturescoreStrategic or Co-development Partner · 4 February 2026Humbold Real Estate Ventures, the current land owner, is participating in the joint venture with Rockpoint and The Morgan Group for Caroline at Sunrise development in Sunrise, Florida.
• 13th Floor InvestmentscoreStrategic or Co-development Partner · 2 February 2026Rockpoint and 13th Floor Investments formed a joint venture to develop Link at Boca, an eight-story, 340-unit transit-oriented mixed-use project adjacent to Boca Raton Tri-Rail Station in Florida. The project represents a public-private partnership with the South Florida Regional Transportation Authority.
• Khanna EnterprisesminorOthers · 1 February 2026Khanna Enterprises (Orange County-based family-owned company) acquired the Westin-branded hotel at 333 East Ocean Boulevard in Long Beach, California from Rockpoint and Highgate for approximately $42 million.
• SL GreencoreStrategic or Co-development Partner · 6 January 2026SL Green and Rockpoint announced a joint venture for ownership of 100 Park Avenue, a 904,779 square foot, 36-story Class A office building on Park Avenue in New York City's Grand Central submarket. Rockpoint acquired the property in December 2025.
• First Point PartnersminorOthers · 1 January 2026First Point Partners acquired One Dag Hammarskjold Plaza from Rockpoint for $265.3 million in January 2026, significantly below the $565.8 million Rockpoint paid in 2019.
• JLL Capital MarketsminorImplementation/ SI/ Consulting Partner · 15 October 2025JLL Capital Markets represented the seller and led the sales effort for The Morgan at Provost Square in Jersey City, a 417-unit luxury apartment tower. JLL also advised on the acquisition financing for Rockpoint's purchase.
• Rockhill ManagementcoreOthers · 1 January 2025Rockhill Management is Rockpoint's dedicated property services affiliate that employs a responsive and tailored approach to property and relationship management, delivering customized service, premium amenities, and intentional communities across Rockpoint's portfolio. Rockhill achieved 5-star GRESB rating in 2025 and manages Rockpoint's sustainability initiatives.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Starwood Capital Group: Starwood Capital is a leading private real estate investment firm managing $115B+ AUM across opportunistic, value-add, and core strategies. It is directly comparable to Rockpoint in deploying opportunistic capital across US commercial real estate with an integrated operating platform.
• Rockwood Capital: Rockwood Capital is a real estate private equity firm focused on opportunistic and value-add investments in US commercial real estate, with a similar AUM scale and asset class mix to Rockpoint, making it one of the closest direct comparables.
• Lone Star Funds: Lone Star Funds is a global private equity firm specializing in opportunistic real estate investments. It is directly comparable to Rockpoint's opportunistic investment program targeting inefficiently priced real estate assets.
• Westbrook Partners: Westbrook Partners is Rockpoint's predecessor firm, co-founded by Bill Walton and Keith Gelb. It remains a closely related opportunistic real estate investor with a comparable investment approach and asset class mix.
• Crow Holdings Capital: Crow Holdings Capital is a Dallas-based real estate investment manager with a multi-strategy approach spanning opportunistic, value-add, and core strategies — closely aligned with Rockpoint's two-platform model.
• Heitman: Heitman is a global real estate investment management firm serving institutional investors with strategies across the risk-return spectrum, comparable to Rockpoint's institutional LP focus and US commercial real estate emphasis.
• Harrison Street: Harrison Street is an alternative real estate investment manager specializing in thematic sectors (student housing, data centers, life sciences, senior housing). It is comparable in size and institutional LP orientation to Rockpoint.

Broad incumbents

• Brookfield Asset Management: Brookfield is a global alternative asset manager with a substantial real estate business (BREIT, BSREP) investing across opportunistic, value-add, and core strategies. It is a much larger incumbent competing for the same institutional capital that Rockpoint targets.
• Blackstone (Real Estate): Blackstone is the world's largest real estate PE platform with $315B+ in real estate AUM. It competes broadly with Rockpoint across opportunistic, core+, and debt strategies, though at vastly greater scale.
• KKR Real Estate: KKR's Real Estate platform invests across US and European commercial real estate with both equity and credit strategies. It is a broad incumbent competing for the same institutional mandates as Rockpoint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/rockpoint-group

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rockpoint Group