About Us

Our Roots

Benjamin Lipsitz


Herman Lipsitz


Robert Lipsitz


HLC Equity and its affiliated group of companies have been creating, building, and operating, thriving US enterprises for over a century. Impeccable work ethic, integrity, innovative entrepreneurialism, and dedication to the community have been the cornerstone components of HLC Equity’s culture from its humble beginnings, and they remain core principles of the group’s culture today.  

Herman Lipsitz was born in the year 1909 in Pittsburgh Pennsylvania to European-born parents. Living in the depression of the 1930's gave Herman an extraordinary work ethic which stuck with him until he passed away in 2005. At an early age, Herman and his siblings worked with their father, Benjamin Lipsitz, in founding B. Lipsitz Company, which eventually became one of Pennsylvania's largest wholesale distribution businesses. Herman started his Bachelors in Accounting at the age of 16, and subsequently attained his law degree from the University of Pittsburgh. Upon graduation from law school, Herman stayed involved with the family distribution business, while at the same time building up a successful private law practice of his own. 

After establishing his law practice and expanding the family distribution business, Herman began buying and developing properties throughout the USA. Herman's real estate investment interests ranged from raw land investment to neighborhood strip centers to multi-family properties, as well as single tenant commercial properties.

In 1941 Herman married Dr. Helen Nobel, a family physician. In Herman's free time, he was a community leader under which capacity he involved himself in everything from serving as a key philanthropist in Pittsburgh’s greater metro area, petitioning Congress on matters of importance for the overall population and serving Thanksgiving meals at a local soup kitchen.

Herman never had an idle moment. At the age of 95, Herman went to the office every day; balancing his time between his business and philanthropic interests and spending time with his wife, children, grandchildren and great grandchildren.

In every way, Herman had the support and encouragement of his devoted wife, Helen, for 63 years.

HLC Equity is a 65+-year-old company, with an expansive real estate investment portfolio, the entrepreneurial spirit of a startup, and institutional level execution.


What does that mean to us?

65-Year-Old Company: Harnessing a deep history of disciplined, community-minded real estate management and investment, HLC Equity is a forward thinking, family owned and operated group with over 65 years of experience in the industry.

An Expansive Portfolio: HLC Equity has owned and managed 7,000,000 gross square feet of real estate across 25 states.

Entrepreneurial Spirit of a Startup: HLC Equity is dedicated to maintaining an innovative growth mindset to channel the humble and hungry startup outlook that has served as a cornerstone to our company from inception.

Institutional Level Execution: HLC Equity is focused on providing institutional level execution for our community residents, commercial tenants, vendors, lenders, and partners.

Mission Statement

Build thriving community experiences for our community members and the public at large

At HLC Equity we believe in giving forward, not just giving back. HLC Equity believes that corporate entities in today’s economy cannot – and should not – thrive without operating with purpose and commitment to the communities in which they operate. Whether it is community-wide engagement through our philanthropic activities, reduction of energy and costs savings analysis in our real estate portfolio, or a dedication to promoting healthy spaces and building thriving neighborhoods, HLC Equity strives to be an industry leader in driving the greater social good.

Herman’s Ideal Creed

Your first waking moment of thought:

What can I do to aid humanity this day?

Your last waking moment of thought:

What did I do to aid humanity this day?

The HLC Equity team is comprised of a dedicated group of professionals and advisors
who bring a wealth of experience, with backgrounds from well-known international companies.

Barbara (Lipsitz) Katch

Managing Director

Michael Katch

General Counsel and Director

Daniel N. Farber

Executive Vice President

Allison Hanson

Executive Administration

David Molitor

Head of Operations

Jamie (Farber) Rosenthal

Human Resources and Philanthropy

Joseph Elbogen

Financial Planning and Analysis Manager

Mari Zarnich

Accounting Manager

Micah Gimpel

Senior Finance Adviser

Patricia Turban

Compliance and Finance

Rivka Saks

Property and Transaction Coordinator

Steve Garda

Asset Manager