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Langdon Park Capital Announces Strategic Investment From Eldridge

Langdon Park Capital Announces Strategic Investment From Eldridge

12/02/21, 2:14 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglos angeles
Langdon Park Capital, a Black-owned real estate investment company, and Eldridge, a holding company with a diversified network of businesses across finance, real estate, entertainment and technology, have today announced the formation of a new partnership in which Eldridge will acquire a minority interest in Langdon Park Capital. Eldridge will join global real estate investment company Kennedy Wilson (NYSE: KW), a founding investor in Langdon Park Capital, in supporting Langdon Park Capital’s mission to help address the unmet demand for high-quality housing and well-operated business facilities in historically underserved Black and Latino communities across the United States.

Company Info

Company
Langdon Park Capital
Location
los angeles, california, united states
Additional Info
Langdon Park Capital is a market-maker for profitable, sustainable and scalable real estate investments. Our competitive advantage is driven by a diverse management team focused on unique opportunities provided by Black and Latino communities, vendors and mission-aligned tenants. We responsibly source, develop and lease commercial buildings for large corporate tenants, and we acquire, renovate and operate affordable, workforce and value-oriented residential communities. Additionally, Langdon Park Capital opportunistically develops mixed-use projects where population density and underdevelopment create compelling opportunities. To learn more about Langdon Park Capital, please visit www.langdonparkcapital.com. About Eldridge Eldridge invests in businesses across the Insurance, Asset Management, Technology, Mobility, Sports & Gaming, Media & Music, Real Estate and Consumer landscapes. The firm seeks to build and grow businesses led by proven management teams that have demonstrated leadership and experience to scale an enterprise. Eldridge is headquartered in Greenwich, Connecticut, with additional offices in Beverly Hills, New York and London. To learn more about Eldridge, please visit www.eldridge.com. About Kennedy Wilson Kennedy Wilson (NYSE:KW) is a leading global real estate investment company. KW owns, operates and invests in real estate through the company’s balance sheet and through its investment management platform. KW focuses on multifamily and office properties located in the Western U.S., U.K. and Ireland. To learn more about Kennedy Wilson, please visit www.kennedywilson.com.