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Manager

B••••••••• C•••••• H•••••••• L••

CRD 169198SEC 801-113423Birmingham, MIb•••••••••.comunder $1BDebt
Form ADV on IAPD
What capital do they manage?
Real estate GAV
$296M GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
4 current, 7 ever, 3 dropped3 feeders, 0 funds of funds
First on the tape
2015the extract starts in 2011; an earlier history is not visible
Latest filing
Mar 29, 2024registered adviser
Adviser RAUM
$403Mthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Real Estate Fund 4
Latest vintage
2024from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
confirmed
Strategy
Debt
Operator model
Hybridbasis: stated
Property types
Senior housing, Hotel, Retail, Healthcare, Industrial, Multifamilybasis: stated
Markets
Nationwide, Tennessee, Florida, Wisconsin, California, Pennsylvania, Arizona, Arkansasbasis: stated
Business kind (site)
REAL_ESTATE_MANAGER
In the manager’s own words
  • Debt:The Direct Bridge Lender and Equity Provider for Urgent Projects
  • Senior housing:Recent Senior Living
  • Hotel:Recent HOSPITALITY
  • Retail:Recent Retail
  • Healthcare:Recent HEALTHCARE
  • Industrial:Recent Industrial
  • Multifamily:Recent Multifamily
  • Nationwide:For over 17 years, B••••••••• Capital has been a leader in providing flexible and responsive capital to the commercial real estate industry nationwide.
  • Tennessee:Tennessee | Senior Bridge Loan | August 2026
  • Florida:Florida | Senior Bridge Loan | June 2026
  • Wisconsin:Wisconsin | Senior Bridge Loan | April 2026
  • California:California | Senior Bridge Loan | January 2026
  • Pennsylvania:Pennsylvania | Bridge Loan | November 2025
  • Arizona:Arizona | Bridge Loan | September 2025
  • Arkansas:Arkansas | Bridge Loan | August 2025
  • Connecticut:Connecticut | Bridge Loan | June 2025
Vehicles
7 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
B••••••••• C•••••• I••••• F••• V• L•• • S••••• B•
805-2614718824
feeder$213M GAV 2024492022 to 20242022InvestingDebt
B••••••••• C•••••• F••• V• L•• • S••••• C•
805-3435847264
feeder$64M GAV 2024382024 to 20242024Unknown
B••••••••• C•••••• I••••• F••• V• L•• • S••••• a•
805-2713718086
feeder$20M GAV 2024342019 to 20242019Winding downDebt
B••••••••• C•••••• I••••• F••• I•• L••
805-1035122701
fund$0 GAV 2024422015* to 2024unknownWinding downDebt
3 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleLifecycleName saysLPs
B••••••••• C•••••• I••••• F••• I••• L••
805-9326116128, dropped 2022
fund$106M GAV 2021862015* to 2021unknownDropped from ADVDebt
B••••••••• C•••••• F••• I•• L•
805-1110680651, dropped 2019
fund$15M GAV 2018302018 to 20182018Dropped from ADV
B••••••••• I••••••••• O••••••••• F•••• L••
805-5072003875, dropped 2023
fund$2M GAV 202212015* to 2022unknownDropped from ADVOpportunistic
What do they actually own?
0 trusted of 4 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
  • S•••• L•• L••• Cfo since 2014-05 also on vc
  • J•••• F•••• J•••••• Member since 2015-12 also on vc
  • B•••• K••••• T••••••• Member since 2015-12 also on vc
  • N••••••• S•••• C••••• Member since 2015-12 also on vc
  • R•••• J••••••• L•••• Managing Partner since 2017-10 also on vc
What is changing?
  • Vehicle first reported Mar 29, 2024 (observed) B••••••••• C•••••• F••• V• L•• • S••••• C• first reported on Form ADV by B••••••••• C•••••• H•••••••• L••, GAV $63,562,555
  • Vehicle dropped from ADV Mar 31, 2023 (observed) B••••••••• I••••••••• O••••••••• F•••• L•• no longer reported on Form ADV by B••••••••• C•••••• H•••••••• L••
  • Vehicle first reported Mar 31, 2022 (observed) B••••••••• C•••••• I••••• F••• V• L•• • S••••• B• first reported on Form ADV by B••••••••• C•••••• H•••••••• L••, GAV $141,845,291
  • Vehicle dropped from ADV Mar 31, 2022 (observed) B••••••••• C•••••• I••••• F••• I••• L•• no longer reported on Form ADV by B••••••••• C•••••• H•••••••• L••
  • Vehicle first reported Mar 29, 2019 (observed) B••••••••• C•••••• I••••• F••• V• L•• • S••••• a• first reported on Form ADV by B••••••••• C•••••• H•••••••• L••, GAV $41,540,833
  • Vehicle dropped from ADV Mar 29, 2019 (observed) B••••••••• C•••••• F••• I•• L• no longer reported on Form ADV by B••••••••• C•••••• H•••••••• L••
  • Vehicle first reported Mar 30, 2018 (observed) B••••••••• C•••••• F••• I•• L• first reported on Form ADV by B••••••••• C•••••• H•••••••• L••, GAV $15,175,000
  • First ADV filing on the tape Dec 2, 2015 (observed) B••••••••• C•••••• H•••••••• L•• first filed Form ADV in the extract (ERA)
  • Vehicle first reported Dec 2, 2015 (observed) B••••••••• I••••••••• O••••••••• F•••• L•• first reported on Form ADV by B••••••••• C•••••• H•••••••• L••, GAV $10,000,000 (tape start: the fund may be older)
  • Vehicle first reported Dec 2, 2015 (observed) B••••••••• C•••••• I••••• F••• I•• L•• first reported on Form ADV by B••••••••• C•••••• H•••••••• L••, GAV $60,000,000 (tape start: the fund may be older)
  • Vehicle first reported Dec 2, 2015 (observed) B••••••••• C•••••• I••••• F••• I••• L•• first reported on Form ADV by B••••••••• C•••••• H•••••••• L••, GAV $9,443,500 (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.