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Jonathan Litt

Founder & CIO at Land & Buildings Investment Management

Jonathan Litt is the Founder and Chief Investment Officer (CIO) of Land & Buildings Investment Management, a Connecticut-based hedge fund specializing in real estate investments.14 Here are key details about his background and career:

Professional Experience

Land & Buildings Investment Management:

  • Founded the company in July 20084
  • Focuses on long/short equity strategies in REITs and global real estate companies4
  • Manages discretionary assets totaling $650,763,002 as of March 20241

Previous Roles:

  • Managing Director/Senior Global Real Estate Analyst at Citigroup (2000-2008)4
  • Managing Director/Senior Property Analyst at Paine Webber (1996-2000)4
  • Senior REIT Analyst at Salomon Brothers (1994-1995)4
  • REIT Analyst at European Investors Inc. (1992-1994)4

Academic Involvement

  • Adjunct Professor at NYU Stern School of Business since September 20224
  • Teaches an Activist Investing class at his alma mater4

Investment Approach

  • Known for activist investing in the real estate sector2
  • Advocates for unlocking value in publicly traded real estate firms3
  • Recently called for Equity Commonwealth to liquidate its remaining assets and return capital to shareholders2

Education

  • Alumnus of NYU Stern School of Business1

Jonathan Litt has established himself as a prominent figure in real estate investment, combining his extensive experience in the industry with an activist approach to drive value for shareholders.

Highlights

Apr 10 · linkedin

Blackstone’s purchase of AIR Communities (NYSE: AIRC) for $10 billion, 25% above last trading price following our L&B’s engagement with the company, including a board refresh, highlights the benefits of enhanced corporate governance and shareholder engagement. This deal – and Blackstone’s activity on the M&A front – underscores the discount between the value of real estate assets in the public and private markets. We except more action to come.   https://lnkd.in/eTjMqj7x

May 18 · linkedin

A moment of silence for a guru, mentor, and friend Sam Zell. Zell's legacy will last for generations. Sam was more than a famed investor, he enjoyed educating the industry and newcomers alike on how to succeed. We are all at a loss as we mourn Sam's passing, his sharp tongue, keen insights, and most importantly his friendship and humanity. Thank you, Sam!

https://samzelllegacy.com/

Related Questions

What are Jonathan Litt's key achievements at Land & Buildings Investment Management?
How did Jonathan Litt transition from Wall Street to founding his own hedge fund?
What strategies does Land & Buildings Investment Management use in their long/short equity approach?
How has Jonathan Litt's experience at NYU Stern School of Business influenced his investment strategies?
What are the main holdings of Land & Buildings Investment Management?
Jonathan Litt
Jonathan Litt, photo 1
Jonathan Litt, photo 2
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Location

Greenwich, Connecticut