DFX Intelligence
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Manager
S••••••• B•• C•••••• A•••••••• L••
What capital do they manage?
- Real estate GAV
- $586M GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 12 current, 12 ever, 0 dropped0 feeders, 0 funds of funds
- First on the tape
- 2014the extract starts in 2011; an earlier history is not visible
- Latest filing
- Mar 28, 2024registered adviser
- Adviser RAUM
- $586Mthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 12
- Latest vintage
- 2023from 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
- Development
- Operator model
- Developerbasis: stated
- Property types
- Office, Retail, Industrial, Multifamily, Life science, Mixed usebasis: stated
- Markets
- Chicago, Miami, San Diego, Boulder County, Durham, Kamasbasis: stated
- Business kind (site)
- REAL_ESTATE_MANAGER
In the manager’s own words
- Development: “5••••• is a ground-up, new construction, creative office and exclusive retail building developed by S••••••• Bay and designed by Gensler.”
- Office: “We develop properties that transform the way our tenants work and redefine the way our neighbors live.”
- Retail: “From a thoughtful vantage point in a rapidly evolving sector, we take a hands-on approach to set retailers and restaurateurs up for success.”
- Industrial: “S••••••• Bay recently developed a 153,000 square foot light industrial building in Darien, Illinois.”
- Multifamily: “160 N Morgan is a 30-story class-A multi-family development consisting of 282 units, 89 parking spaces and 2,657 rentable square…”
- Life science: “1••• W••• C•••••• is a 285,000 RSF development provides Chicago’s rapidly growing life science community with much-needed lab space along…”
- Mixed use: “L•••••• Y•••• is a new 53-acre mixed-use community that will be developed on former industrial land along the N•••• Branch of the Chicago River.”
- Chicago: “L•••••• Y•••• is a new 53-acre mixed-use community that will be developed on former industrial land along the N•••• Branch of the Chicago River.”
- Miami: “5••••• is a ground-up, new construction, creative office and exclusive retail building developed by S••••••• Bay and designed by Gensler. The 298,000 SF space elevates Miami’s standard office experience and authentically reflects the Wynwood neighborhood’s vibrancy.”
- San Diego: “Pacific Center San Diego, CA”
- Boulder County: “Situated in Boulder County, the project development site covers approximately 2,559,491 SF and is strategically located along Highway 36, the…”
- Durham: “H••••••• S••••• Durham Planned Communities, Urban / Mixed-Use, Residential”
- Kamas: “V•••••• R•••• Kamas Residential, Planned Communities”
Vehicles
12 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|---|
| S••••••• B•• C•••••• P••••••• I•• L• 805-6135625323 | fund | $194M GAV 2024 | 4 | 2023 to 2024 | 2023 | Deploying | |||
| S••••••• B•• C•••••• P••••••• I••• L• 805-7912669647 | fund | $126M GAV 2024 | 67 | 2019 to 2024 | 2019 | Harvesting | |||
| S••• I• Q•••••••• P••••••••• L• 805-7998761654 | fund | $87M GAV 2024 | 75 | 2016 to 2024 | 2016 | Harvesting | |||
| 3•• N• M••••••• P•••••••• L•• 805-7496480351 | fund | $49M GAV 2024 | 274 | 2021 to 2024 | 2021 | Investing | |||
| S••••••• B•• C•••••• P••••••• I• L•• 805-5934388825 | fund | $36M GAV 2024 | 29 | 2014* to 2024 | unknown | Harvesting | |||
| 3•• N• M••••• P•••••••• L•• 805-4291606902 | fund | $35M GAV 2024 | 16 | 2022 to 2024 | 2022 | Investing | |||
| S••••••• S•••••• P•••••••• L•• 805-2629973891 | fund | $23M GAV 2024 | 12 | 2022 to 2024 | 2022 | Deploying | |||
| S••••••• B•• C•••••• P••••••• I•• L• 805-8244787935 | fund | $18M GAV 2024 | 56 | 2016 to 2024 | 2016 | Harvesting | |||
| S••••••• S•••••• P••••••• P•• L•• 805-1394638788 | fund | $6M GAV 2024 | 4 | 2023 to 2024 | 2023 | Investing | |||
| S••• I•• • A•• L• 805-3105810481 | fund | $6M GAV 2024 | 26 | 2021 to 2024 | 2021 | Harvesting | |||
| C•••••• K•••••••• M••••••• L•• 805-6415771317 | fund | $4M GAV 2024 | 7 | 2020 to 2024 | 2020 | Winding down | |||
| 1••• P••• M••••••• L•• 805-4180312673 | fund | $3M GAV 2024 | 12 | 2022 to 2024 | 2022 | Harvesting |
What do they actually own?
5 trusted of 9 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| 3•• N• G•••• L•• IL, commercial (class 580), commercial (class 590) | manager only | 2 | Name only mailing_hq_suite_address_only | |
| 2••• N• H•••••• L•• IL, commercial (class 597) | manager only | 1 | Name only mailing_hq_suite_address_only | |
| 1••• N• M••••• O•••• IL, commercial (class 593) | manager only | 1 | Name only mailing_hq_suite_address_only | |
| 1••• N• M••••• L•• IL, commercial (class 517) | manager only | 1 | Name only mailing_hq_suite_address_only | |
| 3•• N• M••••• L•• IL, commercial (class 591) | manager only | 1 | Name only mailing_hq_suite_address_only |
Properties the manager names on its site
- 5•••••, 545 NW 26th, Miami, FL (office) “••• Locked”
- L•••••• Y••••, Chicago, IL (mixed_use) “••• Locked”
- T•• D••••, 160 N Morgan, Chicago, IL (multifamily) “••• Locked”
- 8•• B•••••••, 8•• B•••••••, Miami, FL (office) “••• Locked”
- T•• E••••••••, 225 N E••••••••, Chicago, IL (mixed_use) “••• Locked”
- T•• E•••••••• R•••••, 1245 W Fulton Market, Chicago, IL (retail) “••• Locked”
- 1••• N• M•••••, 1••• N• M•••••, Chicago, IL (multifamily) “••• Locked”
- 3•• N•••• G••••, 3•• N•••• G••••, Chicago, IL (office) “••• Locked”
- H••••••• S•••••, 606 Fayetteville Street, Durham, NC (mixed_use) “••• Locked”
- 1••• W••• C••••••, 1••• W••• C••••••, Chicago, IL (life_science) “••• Locked”
- R•••••• R••••, Boulder County, CO (industrial) “••• Locked”
- 3••• F•••••• L•••, 3••• F•••••• L••• (industrial) “••• Locked”
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
- A••••• L••• G•••• Member since 2007-10 also on pe
- D••• J••• M•••• Managing Principal since 2018-06 also on pe
- M•••••• R•••••• M•••• Chief Design Officer since 2018-06 also on pe
- K•••••• C•••• Managing Principal since 2018-06 also on pe
- C•••• Y•• L•• Chief Investment Officer since 2018-06 also on pe
- G•••••• J••• S•••••• Chief Compliance Officer since 2022-03 also on pe
- M•••••• J••• B••••••• Chief Finance Officer since 2022-11 also on pe
What is changing?
- Vehicle first reported Mar 30, 2023 (observed) S••••••• S•••••• P••••••• P•• L•• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $8,522,692
- Vehicle first reported Mar 30, 2023 (observed) S••••••• B•• C•••••• P••••••• I•• L• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $14,849,722
- Vehicle first reported Mar 22, 2022 (observed) S••••••• S•••••• P•••••••• L•• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $20,816,869
- Vehicle first reported Mar 22, 2022 (observed) 1••• P••• M••••••• L•• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $5,191,795
- Vehicle first reported Mar 22, 2022 (observed) 3•• N• M••••• P•••••••• L•• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $20,870,459
- Vehicle first reported Mar 30, 2021 (observed) 3•• N• M••••••• P•••••••• L•• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $53,189,699
- Vehicle first reported Mar 30, 2021 (observed) S••• I•• • A•• L• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $1,272,908
- Vehicle first reported Jul 7, 2020 (observed) C•••••• K•••••••• M••••••• L•• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $36,629,023
- Vehicle first reported Mar 28, 2019 (observed) S••••••• B•• C•••••• P••••••• I••• L• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $25,053,447
- Vehicle first reported Feb 5, 2016 (observed) S••••••• B•• C•••••• P••••••• I•• L• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••
- Vehicle first reported Feb 5, 2016 (observed) S••• I• Q•••••••• P••••••••• L• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••
- First ADV filing on the tape Dec 11, 2014 (observed) S••••••• B•• C•••••• A•••••••• L•• first filed Form ADV in the extract (ERA)
- Vehicle first reported Dec 11, 2014 (observed) S••••••• B•• C•••••• P••••••• I• L•• first reported on Form ADV by S••••••• B•• C•••••• A•••••••• L••, GAV $84,748,459 (tape start: the fund may be older)
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.