DFX Intelligence
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B••••••••• R••• E••••• A••••••• I•• L•
Multi-strategy real estate managerNot current: last filed 2015SEC-registered adviser· New York, New York
Multi-strategy real estate manager, based in New York, New York, last reporting $25.3M of real estate gross assets across 4 vehicles.
Composed from this manager's Form ADV filings and classification.
As of · the latest Form ADV filing; property activity carries its own dates
- Last reported GAV
- $25.3M
- Current vehicles
- None
- Properties held
- 3
Form ADV, Schedule D, real estate vehicles summed
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
Nothing material in the last 365 days. No dated change on record yet.
Identifiers, size band and strategyCRD 109101 · SEC 801-55986ShowHide
What capital do they manage?
- Real estate GAV
- $25M GAV 2015sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
- Vehicles
- 0 current, 4 ever, 0 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
- Mar 31, 2015registered adviser
- Adviser RAUM
- $27.0Mthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 4
What do they say they do?
stated by the manager
- Strategy
- Multi-strategy
- Operator model
- Hybridbasis: stated
- Property types
- Industrial, Multifamily, Office, Life science, Retail, Data centerbasis: stated
- Markets
- North America, Europe, Asia, Hawaiibasis: stated
- Business kind (site)
- Real estate manager
- AUM in its own words
- $314B (Investor Capital Under Management)the manager's statement, not a DFX figure
- Parent
- B••••••••• Inc.
In the manager's own words14 quotesShowHide
- Opportunistic: “Our opportunistic business seeks to acquire undermanaged, well-located assets across the world.”
- Core plus: “Our Core+ business features stabilized real estate with a long investment horizon and moderate leverage, where we can unlock additional value through focused asset management.”
- Debt: “Our real estate debt business provides creative and comprehensive financing solutions across the capital structure and risk spectrum.”
- REIT sponsor: “The Core+ Real Estate business also comprises strategies tailored for income-focused individual investors including B••••••••• Real Estate Income Trust, Inc. (BREIT), a U.S. non-listed REIT, and B•••••••••’s European yield-oriented strategy.”
- Industrial: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Multifamily: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Office: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Life science: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Retail: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Data center: “B••••••••• is the largest data center provider in the world.”
- North America: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Europe: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Asia: “Our institutional North America, Europe and Asia Core+ strategies focus on logistics, residential, office, life science office and retail assets in global gateway cities.”
- Hawaii: “A•••••••• • B•••••• is an iconic 150-year-old business and the largest owner of neighborhood grocery-anchored shopping centers in the state of Hawai’i.”
Vehicles
4 on Form ADV
No vehicles match.
4 dropped, re-typed or historical vehicles
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| B••••••••• R••• E••••• P••••••• I•• L••• 805-1046269139 | fund | $14M GAV 2015 | 83 | 2012* to 2015 | unknown | Harvesting | Opportunistic | |
| B••••••••• R••• E••••• P••••••• I••••••• L••• 805-6864441873 | fund | $8M GAV 2015 | 83 | 2012* to 2015 | unknown | Investing | Opportunistic | |
| B••••••••• R••• E••••• P••••••• I••••••• L••• 805-6725428165 | fund | $2M GAV 2015 | 83 | 2012* to 2015 | unknown | Investing | Opportunistic | |
| B••••••••• R••• E••••• P••••••• I••••••• L••• 805-3661210884 | fund | $1M GAV 2015 | 83 | 2012* to 2015 | unknown | Investing | Opportunistic |
What do they actually own?
3 trusted of 13 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| B• M••••••• 1•• O•••• L•• FL, warehouse, distribution | manager only | 1 assessed $36.7M | Name only owner's tax-bill address is the manager's headquarters building | |
| B• B••••• M••••••• O•••• L•• FL, warehouse, distribution | manager only | 1 assessed $36.3M | Name only owner's tax-bill address is the manager's headquarters building | |
| S•••••••• G••• O•••• L•• FL, stores one story | manager only | 1 assessed $157,030 | Name only owner's tax-bill address is the manager's headquarters building |
Properties the manager names on its site
- A•••••••• • B••••••, Hawaii (retail) “••• Locked”
- L••• L•••••••• (industrial) “••• Locked”
What are they buying, selling and financing?
1 acquisition, 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••••••• D•••• G••• Global Head Of Real Estate since 2006-01
- J••• T•••••• Chief Compliance Officer Of Registrant And Each Relying Adviser since 2010-09
- K••••••• T• M••••••••• Global Real Estate Chief Operating Officer since 2015-01
- P••• D••••• Q•••••• Global Real Estate Chief Financial Officer since 2015-01
- K•••••• A••• C••••• Global Real Estate Chief Investment Officer since 2015-01
What is changing?
- Vehicle first reported Mar 30, 2012 (observed) ••• Locked
- Vehicle first reported Mar 30, 2012 (observed) ••• Locked
- Vehicle first reported Mar 30, 2012 (observed) ••• Locked
- Vehicle first reported Mar 30, 2012 (observed) ••• Locked
- First ADV filing on the tape Mar 30, 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: institutional LPs.