Real Estate Fund Intelligence
The manager graph behind U.S. private real estate capital. Which vehicles a manager swears to, what each reports year by year, what the manager says it does, and, where the evidence holds, which owner entities, properties, loans, lenders and pensions stand behind it. GAV is gross asset value on a filing date, never fund size, and every manager-to-property link carries its evidence class.
Explore the managers
One row per adviser CRD that swears to at least one Real Estate Fund on Schedule D 7.B.(1). Current means the latest filing is 2024-dated and still carries a real estate vehicle; a manager that stopped filing or re-typed its vehicles is on the list with “all managers” ticked. Strategy is from the manager’s own site where read, from vehicle names otherwise, and the chip says which.
| Manager | HQ | Real estate GAV | Band | Vehicles | Strategy | Bound holdings | LPs |
|---|---|---|---|---|---|---|---|
| Blackstone Real Estate Advisors L.P. CRD 142979 | New York, NY | $130B GAV 2024 | over $25B | 52 of 62 6 deploying, 37 harvesting | Multi-strategy stated by the manager | 4 (6 properties) | 19 |
| Brookfield Asset Management Pic US, LLC CRD 151599 | New York, NY | $58B GAV 2024 | over $25B | 155 of 255 17 deploying, 44 harvesting | Multi-strategy stated by the manager | 2 (4 properties) | 2 |
| Bridge Investment Group CRD 159127 | Sandy, UT | $33B GAV 2024 | over $25B | 68 of 94 11 deploying, 34 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| Starwood Capital Group Management, L.L.C. CRD 110148 | Miami Beach, FL | $30B GAV 2024 | over $25B | 94 of 108 3 deploying, 76 harvesting | Opportunistic stated by the manager | none trusted | 8 |
| Invesco Advisers, Inc. CRD 105360 | Atlanta, GA | $26B GAV 2024 | over $25B | 3 of 16 5 harvesting | Multi-strategy from vehicle names | none trusted | 0 |
| Blackstone Property Advisors L.P. CRD 226598 | New York, NY | $21B GAV 2024 | $5B to $25B | 39 of 48 1 deploying, 16 harvesting | Opportunistic stated by the manager | none trusted | 2 |
| Clarion Partners CRD 108803 | New York, NY | $20B GAV 2024 | $5B to $25B | 14 of 21 2 deploying, 10 harvesting | Multi-strategy stated by the manager | 2 (14 properties) | 4 |
| The Carlyle Group CRD 111128 | Washington, DC | $19B GAV 2024 | $5B to $25B | 34 of 171 2 deploying, 20 harvesting | Debt from vehicle names | 5 (9 properties) | 2 |
| Exeter Property Group, LLC CRD 161935 | Radnor, PA | $17B GAV 2024 | $5B to $25B | 13 of 26 3 deploying, 7 harvesting | Multi-strategy stated by the manager | 29 (30 properties) | 1 |
| Harrison Street Advisors, LLC CRD 157983 | Chicago, IL | $17B GAV 2024 | $5B to $25B | 2 of 3 1 deploying | Multi-strategy stated by the manager | none trusted | 7 |
| Blackstone Real Estate Special Situations Advisors L.L.C. CRD 146043 | New York, NY | $17B GAV 2024 | $5B to $25B | 23 of 46 5 deploying, 9 harvesting | Multi-strategy stated by the manager | 3 (4 properties) | 1 |
| Greystar Investment Group, LLC CRD 160665 | Charleston, SC | $16B GAV 2024 | $5B to $25B | 32 of 33 4 deploying, 5 harvesting | Debt from vehicle names | 17 (19 properties) | 2 |
| TPG Real Estate Advisors, LLC CRD 170731 | Fort Worth, TX | $16B GAV 2024 | $5B to $25B | 30 of 30 5 deploying, 15 harvesting | Multi-strategy stated by the manager | none trusted | 1 |
| Divco West Real Estate Services, LLC CRD 156762 | San Francisco, CA | $15B GAV 2024 | $5B to $25B | 25 of 35 1 deploying, 8 harvesting | Unclassified from vehicle names | none trusted | 0 |
| Affinius Capital CRD 316030 | San Antonio, TX | $14B GAV 2024 | $5B to $25B | 23 of 23 2 deploying, 6 harvesting | Multi-strategy stated by the manager | 1 (1 properties) | 0 |
| APG Asset Management US, Inc CRD 160795 | New York, NY | $14B GAV 2024 | $5B to $25B | 6 of 8 6 harvesting | Unclassified from vehicle names | none trusted | 0 |
| Stepstone Group Real Estate LP CRD 281698 | La Jolla, CA | $14B GAV 2024 | $5B to $25B | 53 of 76 3 deploying, 16 harvesting | Opportunistic from vehicle names | none trusted | 1 |
| Rockpoint CRD 156630 | Dallas, TX | $14B GAV 2024 | $5B to $25B | 39 of 52 1 deploying, 26 harvesting | Opportunistic stated by the manager | 2 (2 properties) | 2 |
| Kayne Anderson Capital Advisors LP CRD 104536 | Houston, TX | $13B GAV 2024 | $5B to $25B | 29 of 49 7 deploying, 13 harvesting | Multi-strategy from vehicle names | none trusted | 11 |
| Aermont Capital Management S.A R.L. CRD 299262, exempt reporting | Luxembourg | $13B GAV 2024 | $5B to $25B | 3 of 3 | Unclassified from vehicle names | none trusted | 0 |
| Related Fund Management, LLC CRD 156543 | New York, NY | $12B GAV 2024 | $5B to $25B | 34 of 47 3 deploying, 7 harvesting | Development stated by the manager | 9 (11 properties) | 2 |
| Walton Street Capital, L.L.C. CRD 147210 | Chicago, IL | $12B GAV 2024 | $5B to $25B | 60 of 80 8 deploying, 47 harvesting | Multi-strategy stated by the manager | 7 (8 properties) | 1 |
| Apollo Capital Management, L.P. CRD 143161 | New York, NY | $12B GAV 2024 | $5B to $25B | 18 of 25 5 deploying, 2 harvesting | Not a real estate manager stated by the manager | none trusted | 0 |
| Msref Real Estate Advisor, Inc. CRD 142047 | New York, NY | $11B GAV 2024 | $5B to $25B | 17 of 27 12 harvesting | Unclassified from vehicle names | none trusted | 0 |
| Bentallgreenoak (U.S.) Limited Partnership CRD 111470 | Seattle, WA | $11B GAV 2024 | $5B to $25B | 15 of 16 9 deploying, 2 harvesting | Multi-strategy confirmed | none trusted | 0 |
| Rockwood Capital, LLC CRD 156663 | New York, NY | $11B GAV 2024 | $5B to $25B | 26 of 38 2 deploying, 14 harvesting | Value add stated by the manager | none trusted | 1 |
| Affinius Capital CRD 158190 | New York, NY | $11B GAV 2024 | $5B to $25B | 60 of 70 15 deploying, 13 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| Kohlberg Kravis Roberts & Co. L.P. CRD 144533 | New York, NY | $10B GAV 2024 | $5B to $25B | 29 of 32 4 deploying, 18 harvesting | Distressed from vehicle names | 1 (1 properties) | 3 |
| Nrep Ab CRD 282262, exempt reporting | 111 53 Stockholm | $9.7B GAV 2024 | $5B to $25B | 1 of 6 1 harvesting | Unclassified from vehicle names | none trusted | 0 |
| IPI Partners, LLC CRD 284694 | Chicago, IL | $9.6B GAV 2024 | $5B to $25B | 17 of 18 5 deploying, 6 harvesting | Unclassified from vehicle names | none trusted | 0 |
| Bain Capital Real Estate, LP CRD 291809 | Boston, MA | $9.4B GAV 2024 | $5B to $25B | 19 of 19 3 deploying, 4 harvesting | Unclassified from vehicle names | none trusted | 4 |
| Realterm CRD 322689 | Annapolis, MD | $9.2B GAV 2024 | $5B to $25B | 10 of 12 1 harvesting | Multi-strategy stated by the manager | 7 (11 properties) | 0 |
| Tishman Speyer Properties, L.P. CRD 160079 | New York, NY | $9.1B GAV 2024 | $5B to $25B | 78 of 148 1 deploying, 53 harvesting | Core from vehicle names | 9 (12 properties) | 0 |
| Pccp, LLC CRD 157505 | Los Angeles, CA | $8.9B GAV 2024 | $5B to $25B | 21 of 28 1 deploying, 6 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| Northwood Investors LLC CRD 161406 | Denver, CO | $8.8B GAV 2024 | $5B to $25B | 36 of 41 1 deploying, 19 harvesting | Opportunistic stated by the manager | 1 (1 properties) | 2 |
| Hines Luxembourg Investment Management S.A.R.L. CRD 331251, exempt reporting | Luxembourg | $8.8B GAV 2024 | $5B to $25B | 17 of 17 | Multi-strategy stated by the manager | none trusted | 0 |
| GLP Capital Partners, Inc. CRD 304917 | Santa Monica, CA | $8.7B GAV 2024 | $5B to $25B | 11 of 11 3 deploying, 1 harvesting | Development confirmed | 2 (3 properties) | 0 |
| Nuveen Alternatives Advisors LLC CRD 160255 | New York, NY | $8.7B GAV 2024 | $5B to $25B | 5 of 6 | Debt from vehicle names | 9 (13 properties) | 0 |
| Goldman Sachs Asset Management, L.P. CRD 107738 | New York, NY | $8.7B GAV 2024 | $5B to $25B | 26 of 30 5 deploying, 9 harvesting | Opportunistic from vehicle names | none trusted | 0 |
| AXA Reim Sgp CRD 282641, exempt reporting | Paris La Defense | $8.4B GAV 2024 | $5B to $25B | 4 of 5 1 deploying, 1 harvesting | Core from vehicle names | none trusted | 0 |
| Artemis Real Estate Partners CRD 160668 | Chevy Chase, MD | $8.3B GAV 2024 | $5B to $25B | 25 of 26 2 deploying, 12 harvesting | Multi-strategy stated by the manager | 1 (1 properties) | 9 |
| J.P. Morgan Investment Management Inc. CRD 107038 | New York, NY | $8.0B GAV 2024 | $5B to $25B | 41 of 107 6 deploying, 21 harvesting | Debt from vehicle names | none trusted | 3 |
| BGO US Real Estate LP CRD 157034 | New York, NY | $7.8B GAV 2024 | $5B to $25B | 39 of 47 6 deploying, 22 harvesting | Multi-strategy stated by the manager | 4 (5 properties) | 1 |
| Rialto Capital Management, LLC CRD 159998 | Miami, FL | $7.7B GAV 2024 | $5B to $25B | 23 of 37 2 deploying, 10 harvesting | Multi-strategy stated by the manager | 2 (4 properties) | 2 |
| MSD Partners, L.P. CRD 161664 | New York, NY | $7.6B GAV 2024 | $5B to $25B | 13 of 13 2 deploying, 1 harvesting | Debt from vehicle names | none trusted | 0 |
| Asana Partners, LP CRD 284477 | Charlotte, NC | $7.1B GAV 2024 | $5B to $25B | 6 of 7 1 harvesting | Unclassified from vehicle names | 9 (24 properties) | 1 |
| Strategic Partners Fund Solutions Advisors L.P. CRD 134009 | New York, NY | $7.1B GAV 2024 | $5B to $25B | 10 of 11 2 deploying, 5 harvesting | Opportunistic from vehicle names | 1 (1 properties) | 0 |
| Elmtree Funds, LLC CRD 286094 | St. Louis, MO | $7.1B GAV 2024 | $5B to $25B | 17 of 20 6 harvesting | Net lease confirmed | 3 (3 properties) | 0 |
| Cbre Investment Management Indirect Limited CRD 163590 | London | $6.9B GAV 2024 | $5B to $25B | 4 of 10 1 deploying, 1 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| TCI Fund Management Limited CRD 269954, exempt reporting | London | $6.9B GAV 2024 | $5B to $25B | 5 of 9 2 deploying, 1 harvesting | Debt stated by the manager | none trusted | 2 |