Rockpoint Group

500 Boylston Street, 21st Floor, Boston, MA 02116, United States

Ask a question

Listings (0)
Projects (0)
Reviews (0)

No listing found.

0 Review

Sort by:

Leave a Review

About Rockpoint Group

Summary

Rockpoint Group is an American private equity real estate firm based in Boston, founded in 2003 by Bill Walton, Greg Hartman, Jonathan Paul, Keith Gelb, and Pat Fox. The firm was established after its founders left Westbrook Real Estate Partners, which was co-founded by Walton in 1994. Rockpoint specialises in investing in high-quality, well-located real estate assets across various property types and markets in the United States. The firm focuses on identifying opportunities to enhance value through a disciplined investment approach.

In 2022, Rockpoint was ranked as the twelfth largest private equity real estate firm globally by Private Equity International (PERE), based on total fundraising over the previous five years. In March 2018, Blackstone acquired a 20% stake in Rockpoint, further solidifying the firm’s position in the market. Rockpoint has formed several joint ventures, including a $1 billion partnership with Invitation Homes in 2020 to acquire, renovate, and rent out single-family homes across the U.S. The firm also established a $2 billion industrial real estate platform with the Abu Dhabi Investment Authority in May 2022.

The firm has made numerous investments in key properties, including 75 State Street, 100 Pine Center, and Boston Park Plaza, among others. Rockpoint operates offices in Dallas, London, and San Francisco, in addition to its headquarters in Boston. Its affiliate, Rockhill Management, provides dedicated property services.

With more than 30 years of investment experience, Rockpoint has committed over $30 billion in capital and manages $13 billion in net assets.

History

Rockpoint Group was founded in 2003 by Bill Walton, Keith Gelb, Jonathan Paul, Greg Hartman, and Pat Fox. The five founders were previously managing members of Westbrook Real Estate Partners, a firm co-founded by Walton in 1994. Westbrook continued its operations until 2014, when it closed. Following the closure of Westbrook, Walton and Gelb remained with Rockpoint, while Paul, Hartman, and Fox pursued other ventures. Paul went on to co-found Wheelock Street Capital in 2007, Hartman co-founded Prospect Hill in 2013, and Fox retired.

In 2018, Rockpoint entered into a significant partnership when Blackstone Inc. acquired a 20% stake in the firm. This partnership helped solidify Rockpoint’s position in the market and enhance its capital base. Over the next few years, Rockpoint formed notable joint ventures. In 2020, it entered into a $1 billion joint venture with Invitation Homes to acquire, renovate, and rent single-family homes across the United States. In 2022, Rockpoint expanded its residential portfolio by forming a $300 million venture to acquire higher-end single-family homes. Additionally, the firm partnered with the Abu Dhabi Investment Authority in 2022 to create a $2 billion industrial real estate platform, further diversifying its investment focus.

By 2023, Rockpoint had achieved significant growth, managing $15 billion in assets under management and sponsoring 19 investment vehicles, collectively valued at approximately $80 billion. The firm also expanded its presence globally, establishing offices in London, Dubai, and Seoul. This expansion was a reflection of Rockpoint’s ongoing strategy to increase its international footprint and strengthen its position in key global markets.

In 2025, Rockpoint continued its strategic acquisitions, including the purchase of Altitude Apartments, a 919-unit residential community in Malden, Massachusetts, in partnership with Metropolitan Properties. Later that year, Rockpoint, in collaboration with Lincoln Property Company and Land Labor Capital, acquired 56 North 9th Street, a premier residential property in Brooklyn, New York. These acquisitions highlight Rockpoint’s continued focus on high-quality, well-located real estate assets across both residential and industrial sectors.

Portfolio

Rockpoint Group has developed a diverse real estate portfolio across various asset classes and regions, reflecting its strategic approach to investing in high-quality, well-located properties. As of 2025, the firm has completed over 500 transactions, with a total peak capitalisation of approximately $82 billion.

In the residential sector, Rockpoint has invested in both multifamily and single-family rental properties. Notable acquisitions include Altitude Apartments in Malden, Massachusetts, a 41-acre, 919-unit community offering modern residences and resort-style amenities. This property was acquired in March 2025 in partnership with Metropolitan Properties. Another key acquisition was 56 North 9th Street in Brooklyn, New York, a luxury multifamily property comprising 45 apartments and 30,000 square feet of retail space, acquired in July 2025 in collaboration with Lincoln Property Company and Land Labor Capital. Additionally, Rockpoint has expanded its build-to-rent portfolio in the Phoenix metro area, including four sites for 716 homes, acquired in May 2021, and six sites for 2,042 residential units, acquired in December 2020.

In the industrial sector, Rockpoint has made several significant investments, totalling over 12 million square feet across 13 properties since 2020. Among these is Uxbridge Distribution Center in the Worcester Submarket of Massachusetts, a 607,000-square-foot cross-dock industrial facility acquired in February 2025. Other notable industrial properties include Gateway Logistics Phase II and Race Track Logistics, both acquired in 2024 in Tampa and Pompano Beach, Florida, respectively.

In hospitality, Rockpoint has expanded its portfolio through key acquisitions, such as the Westin Tampa Waterside, a 309-room hotel located on Harbour Island, acquired in September 2025 in partnership with Newbond Holdings.

Rockpoint’s representative properties, which span various regions and asset types, further illustrate its strategic investment approach. These properties include Spring Creek Towers in the New York Metro Area, a residential property; Invitation Homes, a portfolio of single-family rental homes located across various U.S. regions; and Pompano Industrial in South Florida, an industrial property. The firm continues to expand its portfolio with a focus on creating enduring value across all sectors.

Leadership Team

Bill Walton | Co-Founder
Keith Gelb | Co-Founder
Bobby Marz | Managing Director & Chief Accounting Officer
Darrell Greer | Managing Director & CTO

References

Rockpoint: Home | Rockpoint Group
Rockpoint Group | Wikipedia
Rockpoint Group LLC – Company Profile and News | Bloomberg
Rockpoint – Overview, News & Similar companies | ZoomInfo
Rockpoint Group – Crunchbase Company Profile & Funding | Crunchbase
Rockpoint Group – 2025 Company Profile & Team | Tracxn
Rockpoint Group Company Profile: Financings & Team | PitchBook
Rockpoint Group: Revenue, Competitors, Alternatives | Growjo
Rockpoint Group – Products, Competitors, Financials | CB Insights
Rockpoint Group | The Real Deal

500 Boylston Street, 21st Floor, Boston, MA 02116, United States

Website https://rockpoint.com/

Find Rockpoint Group on:

Rockpoint Group

0 Review

Leave a Review

Contact us