DFX Intelligence
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P•••••• R••• E••••• I••••••••• M••••••••• L••
Value add real estate managerSEC-registered adviser$1B to $5B· West Hartford, Connecticut
Value add real estate manager, based in West Hartford, Connecticut, reporting $1.6B of real estate gross assets across 5 vehicles.
Composed from this manager's Form ADV filings and classification.
As of · the latest Form ADV filing; property activity carries its own dates
- Real estate GAV
- $1.6B
- Current vehicles
- 5
Form ADV, Schedule D, real estate vehicles summed
Form ADV, Schedule D 7.B.(1)
As of · the latest Form ADV filing; property activity carries its own dates
Nothing material in the last 365 days. No dated change on record yet.
Identifiers, size band and strategyCRD 130289 · SEC 801-64767ShowHide
What capital do they manage?
- Real estate GAV
- $1.6B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 5 current, 10 ever, 5 dropped0 feeders, 0 funds of funds
How the GAV is measured, and the filing detailShowHide
- First on the tape
- 2012the extract starts in 2011; an earlier history is not visible
- Latest filing
- Jun 10, 2024registered adviser
- Adviser RAUM
- $1.6Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 5
- 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
- Value add
- Operator model
- Fund managerbasis: stated
- Property types
- Industrialbasis: stated
- Markets
- S••••ern California, New Jersey, Pennsylvania, port-centric New York, Las Vegas, Nevada, port-related logistics markets across the nationbasis: stated
- Business kind (site)
- Real estate manager
In the manager's own words9 quotesShowHide
- Value add: “P••••••’s value-added investment strategy focuses on rehabilitation, repositioning, redevelopment and development of low-risk industrial properties.”
- Development: “development of low-risk industrial properties”
- Industrial: “P•••••• is primarily focused on industrial assets located in S••••ern California, New Jersey, Pennsylvania, port-centric New York, and Las Vegas, Nevada.”
- S••••ern California: “P•••••• is primarily focused on industrial assets located in S••••ern California, New Jersey, Pennsylvania, port-centric New York, and Las Vegas, Nevada.”
- New Jersey: “P•••••• is primarily focused on industrial assets located in S••••ern California, New Jersey, Pennsylvania, port-centric New York, and Las Vegas, Nevada.”
- Pennsylvania: “P•••••• is primarily focused on industrial assets located in S••••ern California, New Jersey, Pennsylvania, port-centric New York, and Las Vegas, Nevada.”
- port-centric New York: “P•••••• is primarily focused on industrial assets located in S••••ern California, New Jersey, Pennsylvania, port-centric New York, and Las Vegas, Nevada.”
- Las Vegas, Nevada: “P•••••• is primarily focused on industrial assets located in S••••ern California, New Jersey, Pennsylvania, port-centric New York, and Las Vegas, Nevada.”
- port-related logistics markets across the nation: “We have a a secondary focus on port-related logistics markets across the nation.”
Vehicles
10 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| P•••••• S••••• I••••••••• F••• V•• L••• 805-7958912257 | fund | $537M GAV 2024 | 5 | 2021 to 2024 | 2021 | Harvesting | ||
| P•••••• S••••• I••••••••• P••••••• V•• L• 805-8528634431 | fund | $427M GAV 2024 | 5 | 2023 to 2024 | 2023 | Deploying | ||
| P•••••• S••••• I••••••••• P••••••• V• L••• 805-7416871331 | fund | $410M GAV 2024 | 5 | 2018 to 2024 | 2018 | Harvesting | ||
| P•••••• S••••• I••••••••• P••••••• V• C•••• L••• 805-2860224248 | fund | $170M GAV 2024 | 3 | 2020 to 2024 | 2020 | Harvesting | ||
| P•••••• S••••• I••••••••• P••••••• I•• L••• 805-5797382712 | fund | $31M GAV 2024 | 4 | 2016 to 2024 | 2016 | Winding down |
5 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| P•••• S••••••••• I•••••••• L••• 805-5911415759, dropped 2020 | fund | $37M GAV 2019 | 2 | 2018 to 2019 | 2018 | Dropped from ADV | ||
| P•••••• S••••• I••••••••• P••••••• I••• L••• 805-3116742781, dropped 2021 | fund | $473,913 GAV 2020 | 3 | 2016 to 2020 | 2016 | Dropped from ADV | ||
| C••••••••• S••••• I••••••••• P•••••••• L••• 805-8937451697, dropped 2020 | fund | $0 GAV 2019 | 3 | 2016 to 2019 | 2016 | Dropped from ADV | ||
| P•••••• S••••• I••••••••• P••••••• I•• L••• 805-1590018162, dropped 2019 | fund | $0 GAV 2018 | 4 | 2016 to 2018 | 2016 | Dropped from ADV | ||
| P•••• G•••• I•••••••• L••• 805-9666207811, dropped 2020 | fund | $0 GAV 2019 | 2 | 2017 to 2019 | 2017 | Dropped from ADV |
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.
Properties the manager names on its site
- T••••••• 5•, Westampton and Burlington, NJ (industrial) “••• Locked”
- 2•• C•••••, North Wales, PA (industrial) “••• Locked”
- 7• C•••••, Parsippany, NJ (industrial) “••• Locked”
- A••• R••••, North Las Vegas, NV (industrial) “••• Locked”
- M•••••••, Tustin, CA (industrial) “••• Locked”
- H••••• C•••, Unincorporated Los Angeles County, CA (industrial) “••• Locked”
- C•••••, Moonachie, NJ (industrial) “••• Locked”
- H•••••, Irvine, CA (industrial) “••• Locked”
- S•••• R••••••, Las Vegas, NV (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
- J••• M••••• H••••• C•••• I••••••••• O•••••• • M••••• A•• D••••••• O• P•••••• R••••• A•••••••• I••• since 2003-07
- K•••• A•• N•••• C•••• O•••••••• O•••••• • M••••• A•• D••••••• O• P•••••• R••••• A•••••••• I••• since 2003-10
- J••••• J••• K••••• C•••• C••••••••• O•••••• • C•••• F•••••••• O•••••• • M••••• A•• D••••••• O• P•••••• R••••• A•••••••• I••• since 2006-03
- J•••••• P••• M••••••• General Counsel since 2021-04
- Z•••••• H•••••• F•••• H••• O• A••••••••• • M••••• A•• D••••••• O• P•••••• R••••• A•••••••• I••• since 2023-12
- C•••••••• M•••• K•••• H••• O• A•••• M••••••••• • M••••• A•• D••••••• O• P•••••• R••••• A•••••••• I••• since 2023-12
What is changing?
- Vehicle first reported Mar 30, 2023 (observed) ••• Locked
- Vehicle first reported Mar 31, 2021 (observed) ••• Locked
- Vehicle dropped from ADV Mar 31, 2021 (observed) ••• Locked
- Vehicle first reported Mar 30, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 30, 2020 (observed) ••• Locked
Full timeline · 16 eventsShow fewer
- Vehicle dropped from ADV Mar 30, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 30, 2020 (observed) ••• Locked
- Vehicle dropped from ADV Mar 28, 2019 (observed) ••• Locked
- Vehicle first reported Mar 27, 2018 (observed) ••• Locked
- Vehicle first reported Mar 27, 2018 (observed) ••• Locked
- Vehicle first reported Mar 29, 2017 (observed) ••• Locked
- Vehicle first reported Mar 25, 2016 (observed) ••• Locked
- Vehicle first reported Mar 25, 2016 (observed) ••• Locked
- Vehicle first reported Mar 25, 2016 (observed) ••• Locked
- Vehicle first reported Mar 25, 2016 (observed) ••• Locked
- First ADV filing on the tape Apr 2, 2012 (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: properties held, institutional LPs.