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Manager

S•••• I••••••••• A•••••••• L••

CRD 169572SEC 801-108305Irvine, CAs•••••••••.com$1B to $5BMulti-strategy
Form ADV on IAPD
What capital do they manage?
Real estate GAV
$3.3B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
7 current, 8 ever, 1 dropped0 feeders, 0 funds of funds
First on the tape
2016the extract starts in 2011; an earlier history is not visible
Latest filing
Apr 29, 2024registered adviser
Adviser RAUM
$3.3Bthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Real Estate Fund 6
Latest vintage
2024from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
stated by the manager
Strategy
Multi-strategy
Operator model
Hybridbasis: stated
Property types
Multifamily, Senior housingbasis: stated
Markets
United Statesbasis: stated
Business kind (site)
REAL_ESTATE_MANAGER
AUM in its own words
$1.8B+ Assets Under Managementthe manager's statement, not a DFX figure
In the manager’s own words
  • Debt:Our primary focus is on debt and equity investments in commercial real estate assets
  • Opportunistic:Whole loan, equity, distressed portfolio investing in CRE assets since 2009
  • Distressed:Opportunistic Acquisitions of non-performing loans
  • Value add:Value-Add Loans for nearly stabilized properties requiring modest property upgrades
  • Multifamily:with an emphasis on in-demand workforce and affordable multifamily properties
  • Senior housing:Bridge-to HUD Loans, multifamily and senior housing
  • United States:serving institutional investors across the U.S.
Vehicles
8 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
S•••• S•••••••• O••••••••• F•••• L•
805-6816012272
master$1.8B GAV 2024292020 to 20242020InvestingOpportunistic
S•• D••• O••••••••• F••• I•• L•••
805-3917180846
fund$817M GAV 2024342018 to 20242018HarvestingDebt
S•• D••• O••••••••• F••• I••• L•
805-8036161568
master$404M GAV 2024362024 to 20242024UnknownDebt
S•••• S•••••••• O••••••••• F••• I•• L•
805-4186037881
master$110M GAV 2024112024 to 20242024UnknownOpportunistic
S•• D••• O••••••••• F•••• L•••
805-9830442673
master$108M GAV 2024172016* to 2024unknownHarvestingDebt
S•• I• C••••••••• L•
805-1422382186
master$190,017 GAV 202442024 to 20242024Unknown
S•• S•••••• O••••••••• F•••• L•
805-5066260707
fund$190,017 GAV 202412024 to 20242024UnknownOpportunistic
1 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
S•• D••• O••••••••• R•••• L••
805-2293082548, dropped 2023
fund$484M GAV 202212019 to 20222019Dropped from ADVDebt
What do they actually own?
0 trusted of 0 candidate bindings
No validated holdings yet. Candidate bindings stay off this page until their rule passes the blind-label gate.
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
No attributed events yet. An event reaches this page only through a validated holding binding.
Who finances them?
0 loans, 0 lender groups
No recorded loans through trusted holdings.
Who backs them?
0 allocators, 0 rows
No institutional LP disclosure resolved to this manager.
People
Form ADV Schedule A, latest filing
  • R••••• P•••••••• J•••••• Senior Portfolio Manager And Chief Investment Strategist since 2012-09
  • K•••• R••••••• M••••••• Partner since 2016-08
  • M•••••• L••••••• W••••••• Chief Financial Officer since 2019-12
  • S•••••• D•••••••• A•••• Managing Director since 2021-12
  • M•••••• A•••••• C••• Managing Director since 2022-06
  • T•• J••••• S•••• Managing Director since 2022-09
  • A••• S••••••• S•••••••• Chief Compliance Officer since 2023-05 also on pe
What is changing?
  • Vehicle first reported Mar 30, 2024 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2024 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2024 (observed) ••• Locked
  • Vehicle first reported Mar 30, 2024 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 30, 2023 (observed) ••• Locked
  • Vehicle first reported Sep 1, 2020 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2019 (observed) ••• Locked
  • Vehicle first reported Oct 23, 2018 (observed) ••• Locked
  • First ADV filing on the tape Aug 18, 2016 (observed) ••• Locked
  • Vehicle first reported Aug 18, 2016 (observed) ••• Locked
Across DFX

Bridged by shared CRD, CIK or SEC fund id only; the same institution’s PE portfolio companies and its real estate holdings stay on their own graphs.