NEW YORK – November 8, 2023 – Clarion Partners, LLC, a leading real estate investment manager, announced today that Philippe Lapointe has joined the Firm as a Managing Director and Assistant Portfolio Manager for Clarion's open-end multifamily fund, sharing in management responsibilities for the fund and contributing to the Firm's overarching residential housing strategy.
Prior to joining Clarion, Lapointe served as President of publicly traded Canada-based H&R REIT where he founded and built its U.S. subsidiary (Lantower Residential) into a well-respected multifamily platform. During his tenure, Lantower Residential acquired over 6,500 Class A apartments across the U.S. Southeast, created an in-house property management company, and built a vertically integrated development team responsible for a ground-up development pipeline of over 2,500 additional Class A apartments.
“Philippe brings to Clarion a wealth of real estate investment and investor engagement experience, especially in the multifamily sector," says Clarion Partners Portfolio Manager Sue Ansel. “His work to conceptualize and build a significant multifamily platform from scratch deepens his insight into all facets of residential strategy and investing. We are all excited to have him join our team."
Lapointe obtained his MBA from INSEAD and his Bachelor of Law from Université Laval. He will be based in Clarion's Dallas, TX office.