DELIVERING VALUE
THROUGH INNOVATIVE THINKING
About White Point
WE ARE A REAL ESTATE INVESTMENT FIRM
that specializes in the acquisition and development of mixed-use, office, retail, and multifamily properties across the Southeastern U.S. We apply a diligent and deliberate approach to pinpoint unique investment opportunities and utilize in-house expertise to execute across multiple asset classes. Through a rigorous process, our team shepherds each investment from early stage analysis and diligence, through day-to-day construction, to completion and asset management, and ultimately disposition. White Point’s singular focus on delivering exceptional returns through a narrow risk-adjusted lens, while creating notable and highly sought-after placemaking developments sets the firm apart from the competition. Since inception in 2014, White Point has invested in over $1.1 billion of real estate assets, receiving numerous design and historic preservation awards.
White Point focuses almost exclusively on three markets in which it has extensive history and deep knowledge – the Charlotte, Charleston and Raleigh/Durham MSAs. The macroeconomic trends in these markets are among the strongest in the nation, and post-COVID, the demand in these markets has only accelerated with each posting trends significantly better than much of the country. Our reputation in these markets, coupled with existing relationships, provide a competitive advantage, and we continue to cultivate further ties in each market. Additionally, White Point has entered into multiple Public-Private Partnerships with municipalities, affording not only great working relationships, but also compelling development opportunities.
THOUGHTFUL URBAN PLACEMAKING
OUR TEAM
ERIK JOHNSON
ERIK JOHNSON
Co-Founder & Partner
Erik is a founding partner and is responsible for the firm’s capital market strategies, risk and asset management and day-to-day firm operations. He is a member of the Investment Committee, and along with Jay leads the strategic direction of the firm.
Erik previously served as SVP of Finance for a publicly traded student housing REIT. Prior to the REIT, he worked in J.P. Morgan’s Real Estate & Lodging Investment Banking Group where he advised clients on M&A transactions and raised nearly $7 billion of debt and equity capital. Erik began his career at Wells Fargo as a commercial real estate lender.
Erik received a Master of Business Administration from The University of Texas at Austin and Bachelor of Science in Business Administration from The University of North Carolina at Chapel Hill. He is a member of ULI and serves on the Kenan-Flagler Business School Board, the Advisory Board of the McCombs School of Business Real Estate Investment Fund and the Executive Council of the Texas Real Estate Center.
JAY
LEVELL
JAY LEVELL
Co-Founder & Partner
Jay is a founding partner and is responsible for the sourcing and execution of investment opportunities, project conceptualization and development strategy. He is a member of the Investment Committee, and along with Erik leads the strategic direction of the firm.
Prior to founding White Point, Jay was a partner at a boutique retail investment brokerage firm, where he successfully structured over 350 transactions with an aggregate value of over $800 million, and previously operated his own private real estate company focused on the acquisition of infill properties in high barrier-to-entry submarkets. Through his career, Jay has been responsible for over $2.5 billion of development and commercial real estate transactions across multifamily, office and retail sectors.
Jay received a Bachelor of Arts in Economics from The University of North Carolina at Chapel Hill. He is an active member of ULI and serves on the ULI Small Scale Development Product Council.
JEAN RANSHAW
JEAN RANSHAW
Vice President
Jean is the firm’s Comptroller, and she also provides considerable support to the property management and investor relations functions. She has over 20 years of experience working as a staff accountant for commercial and residential real estate developers and property managers. Prior to joining White Point, she was employed by Culp, Elliott and Carpenter, PLLC for seven years as a trust administrator for high-net-worth clients.
Jean received a Master of Business Administration from Kelly School of Business, Indiana University and Bachelor of Business Administration from Iowa State University.
JUSTIN TROWBRIDGE
JUSTIN TROWBRIDGE
Principal
Justin is a Principal and focuses on all aspects of underwriting and executing investment opportunities and asset management. He is also a member of the Investment Committee. Justin previously worked in J.P. Morgan’s Real Estate & Lodging Investment Banking Group where he closed on over $30 billion of M&A transactions and raised over $7 billion of debt and equity capital. Justin began his career at Clark Realty Capital, a real estate developer in Washington, D.C., where he focused on multifamily and mixed-use development, as well as military housing privatization.
Justin received a Master of Business Administration from The University of North Carolina at Chapel Hill and Bachelor of Arts in History from Duke University, where he played on the soccer team. He is a contributing author and member of the Urban Land Institute.
KEITH AMMONS
KEITH AMMONS
Vice President of Construction
Keith is Vice President of Construction where he oversees all aspects of construction, including, pre-construction, budgeting, operations, quality control and delivery. He was previously at Crescent Communities, where he oversaw the construction of a 750,000 square foot office tower in Uptown Charlotte. Prior to Crescent, Keith worked at large real estate service providers and a Fortune 100 company in similar construction roles. Over his 18-year career, he has led large operations teams and has personally overseen more than $1 billion in project execution.
Keith received a Bachelor of Science in Civil Engineering from The University of North Carolina at Charlotte.
MATT MCLANAHAN
MATT MCLANAHAN
Principal – Management
Matt is a Principal and is responsible for managing brokerage activities as well as sourcing and executing new investment opportunities. Prior to White Point, Matt was on the brokerage and development team at MPV Properties, a full-service real estate firm based in Charlotte. Previously, Matt was an associate at a Charlotte-based private equity firm, Return Holdings, specializing in value-add retail and self-storage investments.
Matt received his Master of Science from the Medical College of Virginia and Bachelor of Science in Biology from Duke University. He serves on the NextGen Board for Charlotte ICSC and the Levine Children’s Hospital’s Board of Ambassadors.
ERIK JOHNSON
Co-Founder & Partner
Erik is a founding partner and is responsible for the firm’s capital market strategies, risk and asset management and day-to-day firm operations. He is a member of the Investment Committee, and along with Jay leads the strategic direction of the firm.
Erik previously served as SVP of Finance for a publicly traded student housing REIT. Prior to the REIT, he worked in J.P. Morgan’s Real Estate & Lodging Investment Banking Group where he advised clients on M&A transactions and raised nearly $7 billion of debt and equity capital. Erik began his career at Wells Fargo as a commercial real estate lender.
Erik received a Master of Business Administration from The University of Texas at Austin and Bachelor of Science in Business Administration from The University of North Carolina at Chapel Hill. He is a member of ULI and serves on the Kenan-Flagler Business School Board, the Advisory Board of the McCombs School of Business Real Estate Investment Fund and the Executive Council of the Texas Real Estate Center.
JAY LEVELL
Co-Founder & Partner
Jay is a founding partner and is responsible for the sourcing and execution of investment opportunities, project conceptualization and development strategy. He is a member of the Investment Committee, and along with Erik leads the strategic direction of the firm.
Prior to founding White Point, Jay was a partner at a boutique retail investment brokerage firm, where he successfully structured over 350 transactions with an aggregate value of over $800 million, and previously operated his own private real estate company focused on the acquisition of infill properties in high barrier-to-entry submarkets. Through his career, Jay has been responsible for over $2.5 billion of development and commercial real estate transactions across multifamily, office and retail sectors.
Jay received a Bachelor of Arts in Economics from The University of North Carolina at Chapel Hill. He is an active member of ULI and serves on the ULI Small Scale Development Product Council.
JEAN RANSHAW
Vice President
Jean is the firm’s Comptroller, and she also provides considerable support to the property management and investor relations functions. She has over 20 years of experience working as a staff accountant for commercial and residential real estate developers and property managers. Prior to joining White Point, she was employed by Culp, Elliott and Carpenter, PLLC for seven years as a trust administrator for high-net-worth clients.
Jean received a Master of Business Administration from Kelly School of Business, Indiana University and Bachelor of Business Administration from Iowa State University.
JUSTIN TROWBRIDGE
Principal
Justin is a Principal and focuses on all aspects of underwriting and executing investment opportunities and asset management. He is also a member of the Investment Committee. Justin previously worked in J.P. Morgan’s Real Estate & Lodging Investment Banking Group where he closed on over $30 billion of M&A transactions and raised over $7 billion of debt and equity capital. Justin began his career at Clark Realty Capital, a real estate developer in Washington, D.C., where he focused on multifamily and mixed-use development, as well as military housing privatization.
Justin received a Master of Business Administration from The University of North Carolina at Chapel Hill and Bachelor of Arts in History from Duke University, where he played on the soccer team. He is a contributing author and member of the Urban Land Institute.
KEITH AMMONS
Vice President of Construction
Keith is Vice President of Construction where he oversees all aspects of construction, including, pre-construction, budgeting, operations, quality control and delivery. He was previously at Crescent Communities, where he oversaw the construction of a 750,000 square foot office tower in Uptown Charlotte. Prior to Crescent, Keith worked at large real estate service providers and a Fortune 100 company in similar construction roles. Over his 18-year career, he has led large operations teams and has personally overseen more than $1 billion in project execution.
Keith received a Bachelor of Science in Civil Engineering from The University of North Carolina at Charlotte.
MATT MCLANAHAN
Principal – Management
Matt is a Principal and is responsible for managing brokerage activities as well as sourcing and executing new investment opportunities. Prior to White Point, Matt was on the brokerage and development team at MPV Properties, a full-service real estate firm based in Charlotte. Previously, Matt was an associate at a Charlotte-based private equity firm, Return Holdings, specializing in value-add retail and self-storage investments.
Matt received his Master of Science from the Medical College of Virginia and Bachelor of Science in Biology from Duke University. He serves on the NextGen Board for Charlotte ICSC and the Levine Children’s Hospital’s Board of Ambassadors.
INVESTMENTS
SOUTHEASTERN CONCENTRATION
We target investments in the leading 18-hour cities of this region. Click on a pulsating area to view more projects.
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40+
INVESTMENTS
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$1+ billion
TOTAL CAPITAL INVESTED
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$500+million
TOTAL EQUITY DEPLOYED
40+
INVESTMENTS
$1+ billion
TOTAL CAPITAL INVESTED
$500+million
TOTAL EQUITY DEPLOYED
Highlighted Projects
SERVICES
Leveraging our network, experience and market knowledge, White Point provides a tailored approach to brokerage and other real estate services across the southern U.S. We treat each engagement as a partnership and work to deliver a successful outcome based on each client’s needs.
WE WOULD BE PRIVILEGED TO PARTNER WITH YOU ON YOUR NEXT REAL ESTATE TRANSACTION BY PROVIDING ANY OF THE FOLLOWING SERVICES:
- TENANT REPRESENTATION
- LANDLORD REPRESENTATION
- PROPERTY ACQUISITION AND DISPOSITION
- DEVELOPMENT AND CONSTRUCTION MANAGEMENT
- PROPERTY MANAGEMENT
If you’re interested in learning more about our capabilities in any of these areas, please contact Matt McLanahan: 704.761.6612
NEWS
White Point, Greystar Near Delivery of High-Rise Luxury Apartments in South End
Charlotte Business Journal
READWhite Point Comments on Planned Redevelopment of Charlotte's Transit Hub
Charlotte Business Journal
READWhite Point, Cameron Property Co. Purchase 8 Acres Surrounding OMB
Charlotte Business Journal
READWhite Point, MRP Realty, Barings Partner to Develop South End Office Tower
Axios Charlotte
READWhite Point Founders Named "Power Players"
Charlotte Business Journal
READNew office development to be built next to Optimist Hall
Axios Charlotte
READLocal development firm to build office tower next to Ascent South End, 24-story apartment tower
The Charlotte Observer
READOptimist Hall wins NAIOP NC Project of the Year Award
NAIOP
READA new food-focused development, Salt + Vinegar, is on its way to Charlotte
The Charlotte Observer
READWhat this Charlotte developer envisions for its role in huge RTP project
Triangle Business Journal
READOMB Land Sale to White Point, Cameron Property Company Makes Way for New Development
Charlotte Business Journal
READWhite Point selects new name for office plus concept plans for a 10+ acre development on Charleston's Upper Peninsula
CRBJ BizWire
READWhite Point acquires Charleston's Pepsi Plant to Make Way for New Development
Post & Courier
READOptimist Hall receives UNC Charlotte Urban Institute Historic Preservation Award
UNC Charlotte
READBowers adaptive-reuse sale in Lower South End could set the stage for similar deals in Charlotte
Charlotte Business Journal
READWhite Point Partners, FCP to Redevelop Historic Chadbourn Mill
Charlotte Business Journal
READCATS selects JV for negotiations on redeveloping uptown bus terminal into major mixed-use center
Charlotte Business Journal
READTwo office tenants sign on at FreeMore West development, Salt + Vinegar
Charlotte Business Journal
READFoundry Point voted The Post & Courier Charleston's Choice: Apartment Community
Post & Courier
READSmall Businessperson of the Year
Axios Charlotte
READ