DFX Intelligence
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H••••• G•••• I••••••••• L••
Multi-strategy real estate managerNot current: last filed 2024SEC-registered adviser· Norfolk, Virginia
Multi-strategy real estate manager, based in Norfolk, Virginia.
Composed from this manager's Form ADV filings and classification.
As of · the latest Form ADV filing; property activity carries its own dates
- Current vehicles
- None
- Properties held
- 10
Form ADV, Schedule D 7.B.(1)
Deeds, filings and the manager's own site, bound to its vehicles
As of · the latest Form ADV filing; property activity carries its own dates
What matters now
- Apr 2031next loan maturity
Next loan maturity on its holdings: 6 Apr 2031 on H••••• G•••• I••••••••• (MI), 1 loan totalling $37.7M recorded.
in 5 years · The nearest maturity on the loans on record is years out: no refinancing pressure shows on these holdings yet.
Identifiers, size band and strategyCRD 285895 · SEC 801-108747ShowHide
What capital do they manage?
- Real estate GAV
- no GAVsum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 0 current, 31 ever, 28 dropped0 feeders, 0 funds of funds
How the GAV is measured, and the filing detailShowHide
- First on the tape
- 2016the extract starts in 2011; an earlier history is not visible
- Latest filing
- Oct 31, 2024registered adviser
- Adviser RAUM
- $3.8Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Private Equity Fund 101
What do they say they do?
stated by the manager
- Strategy
- Multi-strategy
- Operator model
- Hybridbasis: stated
- Property types
- Multifamily, Office, Retailbasis: stated
- Markets
- Worldwide, United States (24 states)basis: stated
- Business kind (site)
- Real estate manager
- AUM in its own words
- $21 billionthe manager's statement, not a DFX figure
In the manager's own words7 quotesShowHide
- Debt: “HGI has provided Preferred Equity/Mezzanine Loans with all types of lenders, including major balance sheet lenders, regional banks, and CMBS.”
- Multi-strategy: “HGI offers investors a choice of investing directly or via funds in real estate properties - including multifamily units, office buildings and retail centers - and in alternative investments.”
- Multifamily: “the firm invests in and manages diversified property portfolios including office, retail, and multifamily properties”
- Office: “the firm invests in and manages diversified property portfolios including office, retail, and multifamily properties”
- Retail: “the firm invests in and manages diversified property portfolios including office, retail, and multifamily properties”
- Worldwide: “H••••• G•••• I••••••••• controls $21 billion 1 in real estate investments and is constantly exploring real estate investment opportunities in the worldwide market.”
- United States (24 states): “HGMC currently manages approximately 65,000 market rate and affordable apartment units (including fee-managed units) in 24 states and 9 million square feet of commercial properties (including fee-managed properties) in 18 states.”
Vehicles
31 on Form ADV
No vehicles match.
31 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| H•• M• F•••• L•• 805-9109046295 | fund | $86M GAV 2016 | 11 | 2016* to 2016 | unknown | Unknown | ||
| H•• O••••••••• S••••• F••• V• L•• 805-3338463931, dropped 2023 | fund | $16M GAV 2022 | 309 | 2016* to 2022 | unknown | Dropped from ADV | Opportunistic | |
| B••••••• M••••••••• M•••••••• H•••••••• L•• 805-9264418571, dropped 2019 | fund | $16M GAV 2018 | 87 | 2016* to 2018 | unknown | Dropped from ADV | Debt | |
| V•••••• G•••• M•••••••• H•••••••• L•• 805-7260692833, dropped 2019 | fund | $11M GAV 2018 | 86 | 2016* to 2018 | unknown | Dropped from ADV | Debt | |
| M•••••• M•••••••• H•••••••• L•• 805-2551782822, re-typed Private Equity Fund | fund | $8M GAV 2024 | 117 | 2016* to 2024 | unknown | Mature | Debt | |
| A•••••• P•••••••• H•••••••• L•• 805-4192589133, dropped 2019 | fund | $6M GAV 2018 | 23 | 2016* to 2018 | unknown | Dropped from ADV | ||
| B•••• S••••••• M•••••••• H•••••••• L•• 805-2381339577, dropped 2018 | fund | $5M GAV 2017 | 98 | 2016* to 2017 | unknown | Dropped from ADV | Debt | |
| A••••••• H•••••• M•••••••• H•••••••• L•• 805-8429182118, dropped 2020 | fund | $4M GAV 2019 | 26 | 2016* to 2019 | unknown | Dropped from ADV | Debt | |
| H•• O••••••••• F••• X• L•• 805-5273784117, dropped 2023 | fund | $3M GAV 2024 | 143 | 2016* to 2024 | unknown | Dropped from ADV | Opportunistic | |
| G•••• D••• H•••••••• L•• 805-1112670617, dropped 2020 | fund | $3M GAV 2019 | 33 | 2016* to 2019 | unknown | Dropped from ADV | ||
| H•• U• P••••••• F••• I•• L•• 805-8592675421, dropped 2023 | fund | $2M GAV 2024 | 120 | 2016* to 2024 | unknown | Dropped from ADV | ||
| W••••• C•••• P•••••••• H•••••••• L•• 805-8870714462, dropped 2019 | fund | $2M GAV 2018 | 38 | 2016* to 2018 | unknown | Dropped from ADV | ||
| H• D••••••••• F••••••• L•• 805-4457534752, re-typed Private Equity Fund | fund | $2M GAV 2024 | 62 | 2016* to 2024 | unknown | Mature | Development | |
| W••••••••• H•••••• T• M••••••••• L•• 805-7682291592, dropped 2020 | fund | $1M GAV 2019 | 5 | 2016* to 2019 | unknown | Dropped from ADV | Debt | |
| H•• B•• F••• V• L•• 805-5251583388, dropped 2023 | fund | $918,609 GAV 2024 | 99 | 2016* to 2024 | unknown | Dropped from ADV | ||
| R••••••••• D••••••••• F•••••• H•••••••• L•• 805-3870734762, dropped 2023 | fund | $703,335 GAV 2022 | 60 | 2016* to 2022 | unknown | Dropped from ADV | Development | |
| H• W••••••••• H•••••• M••••••••• L•• 805-9608538430, dropped 2020 | fund | $419,493 GAV 2019 | 2 | 2016* to 2019 | unknown | Dropped from ADV | Debt | |
| C•••• P•••••••• H•••••••• L•• 805-3592785183, dropped 2021 | fund | $233,351 GAV 2020 | 80 | 2016* to 2020 | unknown | Dropped from ADV | ||
| H•• E•••••••• F••• I• •••••••• L•• 805-2613678258, dropped 2023 | fund | $91,965 GAV 2022 | 2 | 2016* to 2022 | unknown | Dropped from ADV | ||
| 2•• 7•• H•••••••• L•• 805-8068269897, dropped 2022 | fund | $43,261 GAV 2021 | 27 | 2016* to 2021 | unknown | Dropped from ADV | ||
| B•••• 1••• H•••••••• L•• 805-5220744775, dropped 2024 | fund | $6,906 GAV 2023 | 109 | 2016* to 2023 | unknown | Dropped from ADV | ||
| H• B•••• S•••••• L•• 805-4770527333, dropped 2024 | fund | $1,185 GAV 2023 | 13 | 2016* to 2023 | unknown | Dropped from ADV | ||
| H• B•••• 1•••• L•• 805-6148719920, dropped 2024 | fund | $395 GAV 2023 | 2 | 2016* to 2023 | unknown | Dropped from ADV | ||
| W••••••••• H•••••• T• C•••••• L•• 805-6211790830, dropped 2022 | fund | $0 GAV 2021 | 6 | 2016* to 2021 | unknown | Dropped from ADV | ||
| S••••••••• S••••• P••••••••• L•• 805-9156711169, dropped 2019 | fund | $0 GAV 2018 | 77 | 2016* to 2018 | unknown | Dropped from ADV | ||
| H• W••••••••• H•••••• C•••••• L•• 805-1189954218, dropped 2022 | fund | $0 GAV 2021 | 2 | 2016* to 2021 | unknown | Dropped from ADV | ||
| W••••••••• H•••••• S•••••• L•• 805-1465334352, dropped 2022 | fund | $0 GAV 2021 | 62 | 2016* to 2021 | unknown | Dropped from ADV | ||
| H• P•••••••• E••••• H••••••• I• L•• 805-9160026537, dropped 2022 | fund | $0 GAV 2021 | 72 | 2016* to 2021 | unknown | Dropped from ADV | Debt | |
| H• C•••••• C• H•••••••• L•• 805-5003180866, dropped 2022 | fund | $0 GAV 2021 | 51 | 2016* to 2021 | unknown | Dropped from ADV | ||
| S••••••••• P•••••••• H•••••••• L•• 805-9370961743, dropped 2019 | fund | $0 GAV 2018 | 86 | 2016* to 2018 | unknown | Dropped from ADV | ||
| W••••••••• H•••••• H•••••••• L•• 805-9661113935, dropped 2022 | fund | $0 GAV 2021 | 77 | 2016* to 2021 | unknown | Dropped from ADV |
What do they actually own?
9 trusted of 56 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| P••••••••• G•••••• A••••••••• FL, multifamily 10+ units | manager only | 1 assessed $130M | Corporate filing sunbiz principal address hq suite | |
| S••••••• • J•• A••••••••• L•• FL, multifamily 10+ units | manager only | 1 assessed $54.3M | Address and agent owner's tax-bill address is the manager's headquarters to the suite or floor | |
| P••• A• W••••• C••••• A• L• FL, multifamily 10+ units | manager only | 1 assessed $39.6M | Corporate filing sunbiz principal address hq suite | |
| S•••••••• G•••••• L• FL, multifamily 10+ units | manager only | 1 assessed $9.5M | Corporate filing sunbiz principal address hq suite | |
| N••• G••• G•••••• L• FL, multifamily 10+ units | manager only | 2 assessed $8.0M | Corporate filing sunbiz principal address hq suite | |
| P••• P•••• G•••••• L• FL, multifamily 10+ units | manager only | 1 assessed $7.7M | Corporate filing sunbiz principal address hq suite | |
| B••••••••• G•••••• L• FL, multifamily 10+ units | manager only | 1 assessed $4.2M | Corporate filing sunbiz principal address hq suite | |
| H•••••••• G•••••• L• FL, multifamily 10+ units | manager only | 1 assessed $2.3M | Corporate filing sunbiz principal address hq suite | |
| H••••• G•••• I••••••••• MI | manager only | 1 | 1 ($37.7M) | Corporate filing CMBS annex sponsor named |
Properties the manager names on its site
- R••••••••• a• V••••••• B••••, V••••••• B••••, VA (multifamily) “••• Locked”
- A•••• a• T••••• C••••, Knoxville, TN (multifamily) “••• Locked”
- N•• E•••••• P•••••••• (multifamily) “••• Locked”
- S••••••• P•••••••• (multifamily) “••• Locked”
- T•• L••••• P••••••••, PA & NJ (multifamily) “••• Locked”
- 3•• L••••••••, New York, NY (office) “••• Locked”
- P••••••• T••••, Miami, FL (multifamily) “••• Locked”
- V•••••• o• t•• G••••, Dallas, TX (multifamily) “••• Locked”
- 5• W••• 5••• S•••••, 5• W••• 5••• S•••••, New York, NY (office) “••• Locked”
What are they buying, selling and financing?
0 acquisitions, 0 sales, 1 financing in 12 months
- Loan securitized (CMBS)May 5, 2021$37.7MCMBS trust30020 CABOT DRIVE, MI through H••••• G•••• I••••••••• with W•••• F•••• C••••••••• M••••••• T•••• 2•••••••Securitised debt reporting sec.gov
Who finances them?
1 loan, 1 lender groups, next maturity Apr 6, 2031
- Woori America Bank new3 loans, $23.0M, Jun 4, 2024 to Jun 4, 2024
- First County Bank new3 loans, $10.9M, Jul 17, 2026 to Jul 17, 2026
- Broad X Funding II new2 loans, $4.4M, Jul 17, 2026 to Jul 17, 2026
- CMBS trust single1 loan, $37.7M, May 5, 2021 to May 5, 2021
- Northeast Bank single1 loan, $5.7M, Mar 20, 2025 to Mar 20, 2025
All 7 lender groupsShow fewer
- JPMorgan Chase single1 loan, $3.6M, Jun 21, 2024 to Jun 21, 2024
- Signature CRE 2023 Ventures single1 loan, $1.3M, Nov 7, 2024 to Nov 7, 2024
Who backs them?
0 allocators, 0 rows
No institutional LP disclosure resolved to this manager.
People
Form ADV Schedule A, latest filing
- J••••• E••• S•••• Shareholder since 1993-02 also on pe
- J•• T••••• R•••••• L••••• President since 2007-07 also on pe
- S••• •••• L••••••• Vice Chairman / Director since 2007-07 also on pe
- P•••••• •••• M•••••••• Director since 2007-07 also on pe
- C•••• R•••• S••••• Chief Financial Officer / Treasurer / Secretary since 2013-01 also on pe
- J•• •••• Z•••••• Director since 2020-12 also on pe
- J•••• I•• S•••• Director since 2021-04 also on pe
- C••••••••• R•••• G••••••••• Chief Legal Officer/ Chief Compliance Officer since 2022-04 also on pe
What is changing?
- Vehicle dropped from ADV Mar 29, 2024 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2024 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2024 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
Full timeline · 30 eventsShow fewer
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2023 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2022 (observed) ••• Locked
- Vehicle dropped from ADV Mar 25, 2021 (observed) ••• Locked
- Vehicle dropped from ADV Mar 28, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 28, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 28, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 28, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
- Vehicle dropped from ADV Mar 29, 2018 (observed) ••• Locked
- Vehicle first reported Nov 23, 2016 (observed) ••• Locked
- Vehicle first reported Nov 23, 2016 (observed) ••• Locked
Across DFXHow records are bridgedBridged 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.
Not yet on record: last reported GAV, institutional LPs.