Howard Aminoff Richard Costanzo

RP Realty Partners is a Los Angeles real estate investment and operating firm that has invested in, owned, and operated retail shopping centers across the United States for more than 20 years. Its stated value-add comes from an in-house team spanning redevelopment, asset and property management, finance, accounting, and law. Beyond direct equity investment, the firm also provides debt and equity capital — including repositioning loans with construction holdbacks and high-leverage senior-secured financing on existing properties.

Howard Aminoff has served as Executive Vice President and Director of Acquisitions at RP Realty Partners, where he sourced and led middle-market retail acquisitions. Public records also associate him with HMA Property Advisors, Inc., a Los Angeles real estate advisory entity he owns, and with philanthropic activity (the Aminoff Philanthropic Trust appears in nonprofit filings). His profile is listed in Bloomberg's executive database tied to RP Realty Partners.

Richard L. Costanzo, CCIM, is a Partner and Executive Vice President at RP Realty Partners, where he leads Commercial Strategic Initiatives. He specializes in the strategic redevelopment and repositioning of commercial assets and has overseen several million square feet of redevelopment — including "demalling" enclosed malls, adding pads, and renegotiating anchor leases to lift net operating income and valuation. Earlier in his career he worked in property development at Ross Stores, Inc. He holds the CCIM (Certified Commercial Investment Member) designation and has relocated from California to North Palm Beach, Florida.

• Middle-market retail, value-add: Retail and mixed-use assets of ~100,000–600,000 sq ft, with total transaction cost of ~$10M–$100M.
• Reposition tired retail: Costanzo's stated preference is to "convert tired retail into mixed use with a residential component" and to "reposition undersized malls into power-plus centers in great locations with barriers to entry."
• Distressed / redevelopment capital: He has described a need to deploy ~$100M in tranches of $10M–$30M for distressed or redevelopment opportunities.
• Operational value creation: Levers include demalling malls, adding pads, negotiating with anchors, and integrated site planning/project closeout to drive true NOI and higher valuation.
• Flexible capital: The firm invests equity and also lends — repositioning loans with construction holdbacks and high-leverage senior-secured financing on existing properties.