Linkedin-in Facebook-f Instagram Youtube
Log in
Contact Us

Our Story

Over 75 years of investing experience

A Family Story

Immigrating to the US in 1906, Benjamin Lipsitz set up his peddler business in Pittsburgh PA with the purchase of a horse named Charlie. That business eventually became B Lipsitz Company, a wholesale distribution enterprise. Benjamin’s son, Herman Lipsitz was born in 1909 in Pittsburgh PA. 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 building up a successful private law practice of his own.

Our Roots

Benjamin Lipsitz

1874-1935

Herman Lipsitz

1909-2005

Robert Lipsitz

1949-1996

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, and 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.

Timeline

1909
1940’s
1942
1950’s
1960-1980’s
1978
1996
1996
2005
2011
2013-2014
2015
2015
2016
2018
2018
2020
2020-2021
B Lipsitz Company Incorporated
Herman and Helen Lipsitz begin purchasing duplex’s around the Pittsburgh area
B Lipsitz Company office and warehouse at 1100 5th Ave, Pittsburgh PA purchased
Herman began purchasing acres of land in and around Phoenix Arizona as the city became a more desirable city to live in
Utilizing proceeds from Arizona land transactions, Herman began focusing on income producing assets, primarily smaller strip malls, multifamily projects, and office buildings
Notable Transaction: Purchased A&P super market in Bronxville NY
After the unfortunate passing of Herman’s son Robert Lipsitz, Herman sells the B Lipsitz Company distribution business to focus solely on real estate investment
Notable Transactions: A series of single tenant transactions take place including the purchase of a Sam’s Club and Walmart in Anderson SC.
Herman Lipsitz passes away
Notable Transaction: Purchase of Forestville Shopping Center outside of Washington DC
After successfully weathering the Great Financial Crisis with several key acquisitions, the company makes the strategic transition to focus more on multifamily investments, starting in Brooklyn NY.
The company is rebranded to HLC Equity, with the strategic intention of launching the companies investment sponsorship platform to the HLC management platform and balance sheet to open up investment opportunities to private individuals and institutional investors.
HLC Equity expands its presence in the DFW market with the purchase of Windscape, a 154 unit multifamily community.
Notable Transaction: HLC Equity acquires Sage Brook, a 216 unit multifamily in Denver Colorado for $26M. This transaction represents HLC Equity’s first sponsored investment to serve private investors and partners under its enhanced platform.
HLC Equity becomes a Lead Sponsor of PropTech360, a global real estate and technology summit.
HLC Equity launches Layers, it’s innovative property management and operating model which utilizes technology, operational excellence, and serviced apartments to improve property operations, provide a better experience for residents, and deliver higher risk adjusted returns
HLC Direct was launched, to leverage leading technologies in order to allow sophisticated investors to seamlessly join the HLC Equity investment platform.
HLC Equity completes $100M worth of new multifamily acquisitions in the greater DFW market which were all financed with fixed rate debt or longer term interest rate caps and loan extensions.

What’s Next?

Investment Strategy

Ready to Invest

HLC Direct offers investors the opportunity to invest alongside HLC Equity in institutional quality real estate transactions
Start Investing
1900 Murray Avenue Suite 203 Pittsburgh, PA 15217
Legacy of the past, vision for the future
Privacy Policy and Terms of Use
About Us
Investors
Resources
Linkedin-in Facebook-f Instagram Youtube

Important Disclosures: www.hlcequity.com is a Website owned and operated by HLC Opco LLC (“HLC Equity”, or “HLC”, or “we”) By accessing the Website and any pages thereof, and any general HLC Marketing Material, you agree to be bound by the Terms of Use and Privacy Policy, as each may be amended from time to time. Furthermore, HLC is not a registered broker, dealer, investment advisor, investment manager or registered funding portal. Nothing contained in this Website or Marketing Material constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Any such offer or solicitation will be made only by means of an offering memorandum and organizational documents (collectively, the “Offering Documents”). This Website and Marketing Material excludes material information detailed in the Offering Documents, including, but not limited to, risk factors. Investors may not rely upon the information set forth herein and should only make a decision to invest based solely on the information provided in the Offering Documents. Furthermore, information regarding HLC’s investment opportunities are intended and available for US Accredited Investors only (criteria HERE). HLC urges potential investors to consult with licensed legal professionals and investment advisors for any legal, tax, insurance, or investment advice.

The information on this Website and Marketing Material may include historic results of certain investments made by HLC; however, past performance is no guarantee of future results. Historic returns may not reflect actual future performance, may not reflect potential deductions for fees which may reduce actual realized returns. Investors are advised that any investment with HLC may experience different results from those shown. All investments offered by HLC involve risk and may result in loss.
Some of the statements contained on the HLC Website and Marketing Material may include forward looking statements that involve risk and uncertainty. Sentences or phrases that use words such as “expects”, “believes”, “anticipates”, “hopes”, “plans”, “may”, “can”, “will”, “projects”, and others, are often used to indicate forward-looking statements, but their absence does not mean a statement is not forward-looking. Such statements reflect HLC’s current opinion and are designed to help readers understand HLC’s thinking. By their very nature, however, such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Moreover, past performance is no guarantee of future results, therefore no guarantee is presented or implied as to the accuracy of specific forecasts, projections, or predictive statements contained herein.

Although HLC believes that the expectations reflected in the forward-looking statements are reasonable, guarantees of future results, levels of activity, performance or achievements cannot be made. Moreover, neither HLC nor any other person or entity assumes responsibility for the accuracy and completeness of forward-looking statements. Neither HLC nor any other person or entity is under any duty to update any of the forward-looking statements to conform them to actual results.
The information on this Website and Marketing Material contains a preliminary summary of the purpose and principal business terms of the investments offered by HLC. This summary does not purport to be complete and is qualified in its entirety by reference to the more detailed discussion contained in Offering Documents. Further, the overviews presented on the HLC Website and Marketing Material do not constitute an offer to sell or a solicitation of an offer to make an investment herein. No such offer or solicitation will be made prior to the delivery of Offering Documents relating to such investment. The information on this Website and Marketing Material does not constitute an offer of, or the solicitation of an offer to buy or subscribe for, any securities to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful.

Linkedin-in Facebook-f Instagram
Log in
Contact Us

Get Started

For US resident accredited investor requirements view HERE. If you are not a US resident, please verify the accredited investor requirements in the country of your residence.

Have you invested in real estate? (Check all that apply)*

Thank you, our specialists will contact you soon

Back to Home page