DFX Intelligence
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.
Managers
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.
983 managers
| Manager | HQ | Real estate GAV | Band | Vehicles | Strategy | Bound holdings | LPs |
|---|---|---|---|---|---|---|---|
| Banner Oak Capital Partners, LP CRD 284367 | Dallas, TX | $6.9B GAV 2024 | $5B to $25B | 11 of 13 7 harvesting | Value add from vehicle names | none trusted | 0 |
| Keppel Fund Management Limited CRD 162842, exempt reporting | Singapore | $6.8B GAV 2024 | $5B to $25B | 6 of 6 4 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| Carmel Partners CRD 160892 | San Francisco, CA | $6.7B GAV 2024 | $5B to $25B | 8 of 11 1 deploying, 4 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| P•••• F•••••• A••••••• L••• CRD 159971 | San Francisco, CA | $6.4B GAV 2024 | $5B to $25B | 34 of 88 6 harvesting | Opportunistic stated by the manager | none trusted | 5 |
| U•••• P••••••• M••••••••• C•••••• S••• CRD 332597, exempt reporting | Luxembourg | $6.3B GAV 2024 | $5B to $25B | 6 of 6 6 deploying | Unclassified from vehicle names | none trusted | 0 |
| J••••••••• L••• CRD 158207 | Atlanta, GA | $6.2B GAV 2024 | $5B to $25B | 15 of 15 2 deploying, 8 harvesting | Value add stated by the manager | 6 (8 properties) | 1 |
| C••••••• R••• E••••• L•• CRD 158397 | Fort Worth, TX | $6.1B GAV 2024 | $5B to $25B | 37 of 69 10 deploying, 14 harvesting | Value add stated by the manager | 3 (3 properties) | 0 |
| C•••• A•••• M••••••••• CRD 282845, exempt reporting | Paris | $6.0B GAV 2024 | $5B to $25B | 3 of 3 1 deploying | Unclassified from vehicle names | none trusted | 0 |
| I•••••• R••• E••••• M••••••••• S•• R••• CRD 286069 | Luxembourg | $6.0B GAV 2024 | $5B to $25B | 6 of 10 2 deploying, 3 harvesting | Debt from vehicle names | none trusted | 0 |
| A•••••• R••• E••••• G••• CRD 311914, exempt reporting | Munich, Bavaria | $5.9B GAV 2024 | $5B to $25B | 5 of 5 1 harvesting | Core plus stated by the manager | none trusted | 0 |
| N••••• I••••••••• M••••••••• I••••••••• L•••••• CRD 306545, exempt reporting | London | $5.8B GAV 2024 | $5B to $25B | 9 of 9 3 deploying, 3 harvesting | Debt from vehicle names | none trusted | 0 |
| S••••••••• C•••••• G••••• L•• CRD 149002 | San Francisco, CA | $5.7B GAV 2024 | $5B to $25B | 15 of 26 2 deploying, 8 harvesting | Multi-strategy stated by the manager | none trusted | 1 |
| I•• E••••• S••••••• CRD 297544, exempt reporting | Luxembourg | $5.7B GAV 2024 | $5B to $25B | 8 of 9 1 deploying, 2 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| N••• A• CRD 161236, exempt reporting | Stockholm | $5.7B GAV 2024 | $5B to $25B | 6 of 8 3 deploying, 3 harvesting | Multi-strategy stated by the manager | none trusted | 1 |
| S••••••• C•••••• L• CRD 107913 | New York, NY | $5.6B GAV 2024 | $5B to $25B | 31 of 40 6 deploying, 17 harvesting | Opportunistic stated by the manager | 1 (3 properties) | 15 |
| M•••••• I••••••••• R••••• H•••••••• L•• CRD 158165 | New York, NY | $5.4B GAV 2024 | $5B to $25B | 21 of 37 1 deploying, 6 harvesting | Secondaries stated by the manager | 1 (1 properties) | 0 |
| A••••• C•••••• G•••• L•• CRD 157243 | New York, NY | $5.4B GAV 2024 | $5B to $25B | 7 of 10 4 harvesting | Value add stated by the manager | 8 (8 properties) | 2 |
| H••••• H•••••• C•••••• L•• CRD 161240 | New York, NY | $5.4B GAV 2024 | $5B to $25B | 91 of 118 10 deploying, 82 harvesting | Debt from vehicle names | none trusted | 0 |
| B••• P••••••• CRD 329611 | Greensboro, NC | $5.3B GAV 2024 | $5B to $25B | 24 of 24 | Multi-strategy stated by the manager | 5 (7 properties) | 1 |
| C•••• P••••••••• L••• CRD 118729 | Boston, MA | $5.3B GAV 2024 | $5B to $25B | 11 of 15 3 deploying, 3 harvesting | Value add stated by the manager | none trusted | 0 |
| C••••• C•••••• M••••••••• ••• L•• CRD 158991 | London | $5.2B GAV 2024 | $5B to $25B | 9 of 10 2 deploying, 5 harvesting | Debt from vehicle names | none trusted | 0 |
| A••• M••••••••• L•• CRD 130074 | Los Angeles, CA | $5.2B GAV 2024 | $5B to $25B | 36 of 50 2 deploying, 22 harvesting | Opportunistic from vehicle names | 4 (8 properties) | 4 |
| C••• I••••••••• M••••••••• •••• P••••••• P••• L••• CRD 284495, exempt reporting | Singapore | $5.2B GAV 2024 | $5B to $25B | 4 of 10 2 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| W••••••••• C•••••• M••••••••• I•• CRD 105253 | Seattle, WA | $5.1B GAV 2024 | $5B to $25B | 3 of 4 1 deploying | Core plus stated by the manager | none trusted | 0 |
| W••••••• I••••••••• A••••••• L••••• CRD 285602 | Chicago, IL | $4.7B GAV 2024 | $1B to $5B | 12 of 20 4 harvesting | Value add stated by the manager | 2 (2 properties) | 1 |
| L•••••• I••••••••• M••••••••• A••• P••• L•• CRD 160797, exempt reporting | Singapore | $4.6B GAV 2024 | $1B to $5B | 12 of 20 1 deploying, 8 harvesting | Opportunistic from vehicle names | none trusted | 0 |
| R••••••••• C••••••• L•• CRD 161078 | Columbus, OH | $4.4B GAV 2024 | $1B to $5B | 21 of 28 4 deploying, 6 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| A•• C•••••• M••••••••• L•••••• CRD 307063, exempt reporting | St Helier | $4.3B GAV 2024 | $1B to $5B | 1 of 1 | Multi-strategy stated by the manager | none trusted | 0 |
| P•••• I••• CRD 105676 | Newark, NJ | $4.3B GAV 2024 | $1B to $5B | 6 of 11 1 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| A•••• C••••••• L• CRD 175054 | San Francisco, CA | $4.3B GAV 2024 | $1B to $5B | 8 of 8 4 deploying | Debt confirmed | none trusted | 0 |
| P••• L••••••••• S••• CRD 281562 | Luxembourg | $4.1B GAV 2024 | $1B to $5B | 3 of 4 1 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| M••••• C•••••• M••••••••• L•• CRD 161322 | New York, NY | $4.1B GAV 2024 | $1B to $5B | 14 of 20 3 deploying, 8 harvesting | Opportunistic stated by the manager | 1 (1 properties) | 2 |
| H••••• C••••••• L•• CRD 160711 | Miami, FL | $3.9B GAV 2024 | $1B to $5B | 27 of 28 4 deploying, 8 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| I•• I••••••••• M••••••••• L•• CRD 286208 | Independence, OH | $3.9B GAV 2024 | $1B to $5B | 3 of 3 2 harvesting | Core confirmed | none trusted | 0 |
| M•• F••• M••••••••• L•• CRD 315098 | Dallas, TX | $3.8B GAV 2024 | $1B to $5B | 15 of 15 4 deploying, 2 harvesting | Development stated by the manager | 1 (1 properties) | 0 |
| A•••••• C•••••• M••••••••• L•• CRD 172704 | Irvine, CA | $3.8B GAV 2024 | $1B to $5B | 9 of 12 2 deploying, 2 harvesting | Value add stated by the manager | 4 (9 properties) | 1 |
| G•• R••••• C•••••• CRD 157210 | Chicago, IL | $3.8B GAV 2024 | $1B to $5B | 12 of 21 2 deploying, 8 harvesting | Multi-strategy stated by the manager | none trusted | 4 |
| B••••••••• S•••••••• C•••••• P••••••• CRD 137813 | New York, NY | $3.8B GAV 2024 | $1B to $5B | 106 of 113 1 deploying, 67 harvesting | Multi-strategy stated by the manager | 3 (3 properties) | 6 |
| F•• CRD 161468 | Chevy Chase, MD | $3.7B GAV 2024 | $1B to $5B | 10 of 11 3 deploying, 4 harvesting | Value add stated by the manager | 6 (7 properties) | 1 |
| M•••••• F•••••••• I••••••••• M••••••••• I••• CRD 111135 | Chicago, IL | $3.7B GAV 2024 | $1B to $5B | 7 of 13 2 deploying, 4 harvesting | Unclassified from vehicle names | 3 (3 properties) | 2 |
| G•• I••••••••• A••••••• L•• CRD 171093 | Chicago, IL | $3.6B GAV 2024 | $1B to $5B | 9 of 9 2 harvesting | Opportunistic confirmed | none trusted | 0 |
| R•• A•••• M••••••••• L•• CRD 158268 | Uniondale, NY | $3.6B GAV 2024 | $1B to $5B | 71 of 82 4 deploying, 52 harvesting | Multi-strategy stated by the manager | 6 (3 properties) | 0 |
| B••••••••• R••• E••••• A••••••• E••••• L••• CRD 135952 | New York, NY | $3.6B GAV 2024 | $1B to $5B | 5 of 7 5 harvesting | Multi-strategy stated by the manager | none trusted | 1 |
| T•• A••••••••• L••• CRD 108905 | New York, NY | $3.5B GAV 2024 | $1B to $5B | 7 of 9 1 deploying | Unclassified from vehicle names | none trusted | 1 |
| I••••••• C•••••• P••••••• CRD 157315 | Washington, DC | $3.5B GAV 2024 | $1B to $5B | 10 of 11 6 harvesting | Debt stated by the manager | none trusted | 0 |
| V•••••••• G•••• L•• CRD 119128 | New York, NY | $3.5B GAV 2024 | $1B to $5B | 5 of 10 4 harvesting | Multi-strategy stated by the manager | 9 (11 properties) | 0 |
| P••••••••• C•••••• M••••••••• L•• CRD 160056 | Austin, TX | $3.5B GAV 2024 | $1B to $5B | 21 of 31 4 deploying, 6 harvesting | Opportunistic stated by the manager | none trusted | 0 |
| G••••• F••••• P••••••• L• CRD 127064 | Lebanon, NH | $3.4B GAV 2024 | $1B to $5B | 16 of 33 15 harvesting | Land confirmed | none trusted | 0 |
| S•••• I••••••••• A•••••••• L•• CRD 169572 | Irvine, CA | $3.3B GAV 2024 | $1B to $5B | 7 of 8 2 harvesting | Multi-strategy stated by the manager | none trusted | 0 |
| J••••••• A•••• M••••••••• ••• L•••••• CRD 135960 | London | $3.2B GAV 2024 | $1B to $5B | 11 of 30 7 harvesting | Opportunistic from vehicle names | none trusted | 0 |
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