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RIA / WealthRegistered adviserasset managerSEC registeredRAUM under $100M

L & B REALTY ADVISORS, LLP

CRD 136654

DALLAS, TX

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Search this name across graphsid dfx:ria:81ffa157-9d91-514f-c8bc-4b44cfcbb958

Data as of Mar 20, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:49 PM UTC and rebuilt at most every 15 minutes.

Relationships: 12
Dated events: 4
On other graphs: 1
Observed: Mar 30, 2012 to Mar 20, 2026
17 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Real Estate Fundsidentity

L & B Realty Advisors, LLP

Real estate fund manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $218,557Item 5.F on the latest filing (2026-03-20); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $218,557
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 6
RAUM per advisor: $36,426derivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 70
Advisory employees: 55
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1
High net worth clients: 1
Custody, client assets: $36.0M
SEC number: 801-64726
CRD: 136654
Filings on the tape: 17
First filed: Mar 30, 2012
Latest filed: Mar 20, 2026
Organised: Limited Liability Partnership, DE
Website: lbrealty.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
GEORGE ANDREWS SMITH	n/a	DALLAS, TX	13	45	n/a	no
DANIEL LIVINGSTON PLUMLEE	n/a	DALLAS, TX	13	42	n/a	no
STACIE SANDER CROWN	n/a	DALLAS, TX	13	31	n/a	no
MARK PAUL FARALDO	n/a	DALLAS, TX	13	38	n/a	no
CHRISTINE MARIE MULLIS	n/a	DALLAS, TX	13	31	n/a	no
ERIC ROBERT SMITH	n/a	DALLAS, TX	13	25	n/a	no

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
L&B CORE INCOME PARTNERS, L.P.	Real Estate Fund	$256M	Mar 30, 2012	7	Mar 30, 2012	dropped	021-158933
L&B DIVERSIFIED STRATEGY PARTNERS, LP	Real Estate Fund	$176M	Mar 30, 2012	3	Mar 30, 2012	dropped	021-110751
L&B MEDICAL PROPERTIES PARTNERS, L.P.	Real Estate Fund	$20.0M	Mar 30, 2012	17	Mar 30, 2012	dropped	021-96671

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
Hanson, Jennifer, Ann	CHIEF COMPLIANCE OFFICER	Na	yes	02/2021	Mar 31, 2021	Mar 27, 2024
PLUMLEE, DANIEL, LIVINGSTON	PARTNER & CHIEF INVESTMENT OFFICER	D	yes	07/2005	Mar 30, 2012	Mar 27, 2024
SMITH, GEORGE, ANDREWS	MANAGING PARTNER	D	yes	07/2005	Mar 30, 2012	Mar 27, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
L&B CORE INCOME PARTNERS GP, L.P.	n/a	n/a	n/a	Y	no	n/a

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 20, 2026	$218,557	$218,557	70	55	0	n/a	n/a
2024	Mar 27, 2025	$265,111	$265,111	85	56	0	n/a	n/a
2023	Mar 27, 2024	$177,379	$177,379	82	53	0	n/a	n/a
2022	Mar 29, 2023	$3.1M	$3.1M	71	53	0	n/a	n/a
2021	Mar 31, 2022	$146M	$146M	67	53	0	n/a	n/a
2020	Mar 31, 2021	$271M	$271M	86	50	0	n/a	n/a
2019	Mar 26, 2020	$283M	$283M	85	53	0	n/a	n/a
2018	Mar 29, 2019	$753M	$753M	89	53	0	n/a	n/a
2017	Mar 29, 2018	$765M	$765M	85	54	0	n/a	n/a
2016	Mar 30, 2017	$711M	$711M	87	55	n/a	n/a	n/a
2015	Mar 30, 2016	$749M	$749M	106	54	n/a	n/a	n/a
2014	Mar 24, 2015	$659M	$659M	108	54	n/a	n/a	n/a
2013	Mar 28, 2014	$654M	$654M	105	53	n/a	n/a	n/a
2012	Mar 28, 2013	$640M	$640M	101	50	n/a	n/a	n/a
2011	Mar 30, 2012	$452M	$452M	n/a	n/a	n/a	3	$452M

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$218,557	$265,111	-17.6%	$3.1M	-58.8%	70	85	0	0

Relationships

Registered with (6)

← GEORGE ANDREWS SMITHAdvisorregistration: current employment
Sep 24, 2012 to presentfactForm ADV
← DANIEL LIVINGSTON PLUMLEEAdvisorregistration: current employment
Sep 24, 2012 to presentfactForm ADV
← STACIE SANDER CROWNAdvisorregistration: current employment
Sep 24, 2012 to presentfactForm ADV
← MARK PAUL FARALDOAdvisorregistration: current employment
Sep 24, 2012 to presentfactForm ADV
← CHRISTINE MARIE MULLISAdvisorregistration: current employment
Sep 24, 2012 to presentfactForm ADV
← ERIC ROBERT SMITHAdvisorregistration: current employment
Sep 24, 2012 to presentfactForm ADV

Controls (3)

← SMITH, GEORGE, ANDREWSOwnerMANAGING PARTNER, ownership code D, individual
Mar 30, 2012 to Mar 27, 2024factForm ADV
← PLUMLEE, DANIEL, LIVINGSTONOwnerPARTNER & CHIEF INVESTMENT OFFICER, ownership code D, individual
Mar 30, 2012 to Mar 27, 2024factForm ADV
← Hanson, Jennifer, AnnOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 31, 2021 to Mar 27, 2024factForm ADV

Advises (3)

→ L&B MEDICAL PROPERTIES PARTNERS, L.P.Private fundReal Estate Fund, IA, no longer reported
Mar 30, 2012 to Mar 30, 2012factForm ADV
→ L&B DIVERSIFIED STRATEGY PARTNERS, LPPrivate fundReal Estate Fund, IA, no longer reported
Mar 30, 2012 to Mar 30, 2012factForm ADV
→ L&B CORE INCOME PARTNERS, L.P.Private fundReal Estate Fund, IA, no longer reported
Mar 30, 2012 to Mar 30, 2012factForm ADV

Dated events

Occurred
Mar 29, 2023
Regulatory AUM changed
L & B Realty Advisors, Llp reported RAUM $3.1M, down 98% from $146.3M (2022-03-31 to 2023-03-29)
Form ADVobserved 4 days ago
$-143M
Occurred
Mar 31, 2022
Regulatory AUM changed
L & B Realty Advisors, Llp reported RAUM $146.3M, down 46% from $271.0M (2021-03-31 to 2022-03-31)
Form ADVobserved 4 days ago
$-125M
Occurred
Mar 31, 2021
Control person joined
Ann Jennifer Hanson (Chief Compliance Officer) appeared on Schedule A of L & B Realty Advisors, Llp
Form ADVobserved 4 days ago
Occurred
Mar 26, 2020
Regulatory AUM changed
L & B Realty Advisors, Llp reported RAUM $283.3M, down 62% from $752.7M (2019-03-29 to 2020-03-26)
Form ADVobserved 4 days ago
$-469M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:81ffa157-9d91-514f-c8bc-4b44cfcbb958
First observed: Mar 30, 2012
Last observed: Mar 20, 2026 6 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

L & B REALTY ADVISORS, LLP

CRD 136654

DALLAS, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:81ffa157-9d91-514f-c8bc-4b44cfcbb958

Data as of Mar 20, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:49 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

GEORGE ANDREWS SMITH

n/a

DALLAS, TX

n/a

DANIEL LIVINGSTON PLUMLEE

n/a

DALLAS, TX

n/a

STACIE SANDER CROWN

n/a

DALLAS, TX

n/a

MARK PAUL FARALDO

n/a

DALLAS, TX

n/a

CHRISTINE MARIE MULLIS

n/a

DALLAS, TX

n/a

ERIC ROBERT SMITH

n/a

DALLAS, TX

n/a

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

L&B CORE INCOME PARTNERS, L.P.

Real Estate Fund

$256M

Mar 30, 2012

dropped

021-158933

L&B DIVERSIFIED STRATEGY PARTNERS, LP

Real Estate Fund

$176M

Mar 30, 2012

dropped

021-110751

L&B MEDICAL PROPERTIES PARTNERS, L.P.

Real Estate Fund

$20.0M

Mar 30, 2012

dropped

021-96671

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Hanson, Jennifer, Ann

CHIEF COMPLIANCE OFFICER

yes

02/2021

Mar 31, 2021

Mar 27, 2024

PLUMLEE, DANIEL, LIVINGSTON

PARTNER & CHIEF INVESTMENT OFFICER

yes

07/2005

Mar 30, 2012

Mar 27, 2024

SMITH, GEORGE, ANDREWS

MANAGING PARTNER

yes

07/2005

Mar 30, 2012

Mar 27, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

L&B CORE INCOME PARTNERS GP, L.P.

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 20, 2026

$218,557

n/a

2024

Mar 27, 2025

$265,111

n/a

2023

Mar 27, 2024

$177,379

n/a

2022

Mar 29, 2023

$3.1M

n/a

2021

Mar 31, 2022

$146M

n/a

2020

Mar 31, 2021

$271M

n/a

2019

Mar 26, 2020

$283M

n/a

2018

Mar 29, 2019

$753M

n/a

2017

Mar 29, 2018

$765M

n/a

2016

Mar 30, 2017

$711M

n/a

2015

Mar 30, 2016

$749M

106

n/a

2014

Mar 24, 2015

$659M

108

n/a

2013

Mar 28, 2014

$654M

105

n/a

2012

Mar 28, 2013

$640M

101

n/a

2011

Mar 30, 2012

$452M

n/a

$452M

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$218,557

$265,111

-17.6%

$3.1M

-58.8%