Argosy-lionbridge Management, LLC
Argosy-Lionbridge Management, LLC is an asset management firm headquartered in New York, NY, USA, specializing in fundamental and special situation investments in publicly traded real estate securities. The firm extends the private real estate investment strategy of Argosy Real Estate Partners into the public markets. Founded through a partnership between Argosy Real Estate Partners and Lionbridge Asset Management, it is led by co-founders Greg Morillo and Adam Feldman, both with extensive backgrounds in real estate investment analysis and capital markets. The firm primarily serves institutional clients, private funds, and separately managed accounts. As of 2025, Argosy-Lionbridge employs 5 professionals.
Investment Strategy
Argosy-Lionbridge Management focuses on fundamental and opportunistic investments in public real estate securities. The strategy leverages intrinsic value assessment, recurring market inefficiencies, and selective corporate activism to identify mispriced securities across asset classes and capital structures. Their approach combines the deep private market expertise of Argosy Real Estate Partners with public market insights to capitalize on inefficiencies, supported by access to industry contacts, operating partners, and proprietary research. The firm seeks differentiated opportunities created by market cycles and lack of opportunistic capital in public real estate equities, enabling flexible investment across the real estate spectrum.
Top Holdings
Equity Positions (12)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
E ELME | ELME COMMUNITIES | 21.68% | $31.4M | 1,972,850 | $15.86 | $15.90 | -$8.6M |
A AIV | APARTMENT INVT & MGMT CO | 16.10% | $23.3M | 2,692,653 | $9.05 | $8.65 | +$608.1K |
R REXR | REXFORD INDL RLTY INC | 14.87% | $21.5M | 604,839 | $38.16 | $35.57 | +$2.1M |
F FR | FIRST INDL RLTY TR INC | 13.61% | $19.7M | 409,061 | $50.13 | $48.13 | -$6.0M |
L LEN | LENNAR CORP | 9.76% | $14.1M | 127,670 | $111.40 | $110.61 | +$11.4M |