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E•••• P•••••••• L••

Development real estate managerSEC-registered adviser$1B to $5B· Miami, Florida

Development real estate manager, based in Miami, Florida, reporting $1.3B of real estate gross assets across 21 vehicles.

Composed from this manager's Form ADV filings and classification.

Real estate GAV
$1.3B
Form ADV, Schedule D, real estate vehicles summed
Current vehicles
21
Form ADV, Schedule D 7.B.(1)
Properties held
6
Deeds, filings and the manager's own site, bound to its vehicles
Institutional LPs
Not established
As of · the latest Form ADV filing; property activity carries its own dates
Identifiers, size band and strategyCRD 170483 · SEC 801-110933Show
CRD 170483SEC 801-110933$1B to $5BDevelopmentForm ADV on IAPD
What capital do they manage?
Real estate GAV
$1.3B GAV 2024sum of GAV over non-feeder, non-quarantined Real Estate Fund vehicles on the latest filing (a scale proxy, never fund size)
Vehicles
21 current, 29 ever, 8 dropped14 feeders, 3 funds of funds
First on the tape
2014the extract starts in 2011; an earlier history is not visible
Latest filing
Mar 29, 2024registered adviser
Adviser RAUM
$1.3Bthe whole adviser, all strategies; used for the quarantine test only
Fund types on the latest filing
Real Estate Fund 21
Latest vintage
2023from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
from vehicle names
Strategy
Development
Operator model
Hybridbasis: stated
Property types
Industrialbasis: stated
Markets
not stated
Business kind (site)
REAL_ESTATE_MANAGER
AUM in its own words
$4.0 billion in gross real estate assetsthe manager's statement, not a DFX figure
In the manager’s own words
  • Industrial:manage investments in industrial logistics real estate
Vehicles
29 on Form ADV
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
E•••• V• U• F••••• I• L•
805-4663285476
fund of funds$251M GAV 2024832020 to 20242020Investing
E•••• I••••••••• F••• I•• L•
805-6747081916
feeder$198M GAV 2024102023 to 20242023Investing
E•••• V• C••••• F••••• I• L•
805-5045477837
fund of funds$125M GAV 2024812020 to 20242020Investing
A••• R•••••••• I••••••••• P••••••• ••••••••• L••
805-9884494105
feeder$121M GAV 2024232017 to 20242017Investing
A••• D••••••••• P•••••••• L•
805-2340479108
fund$102M GAV 2024392023 to 20242023DeployingDevelopment
A••• S•••••••• L••
805-4167152759
fund$91M GAV 2024242021 to 20242021Investing
A••• R•••••••• I••••••••• P••••••• G• C••••••••• L••
805-6321063551
feeder$76M GAV 202462017 to 20242017Investing
E•••• I••••••••• F••• I• ••••••••• L•
805-8574445046
feeder$48M GAV 202412023 to 20242023Investing
A••• R•••••••• I••••••••• P••••••• ••••••••• L•
805-9670925420
feeder$36M GAV 202452017 to 20242017Investing
A••• G••••••• I••••••••• L••
805-6278650007
fund$36M GAV 2024112019 to 20242019Investing
E•••• D••••••••• F••• I• L•
805-9022602787
fund$35M GAV 202472019 to 20242019MatureDevelopment
A••• R•••••••• I••••••••• P••••••• ••••••••• L•
805-3671304150
feeder$34M GAV 202472017 to 20242017Investing
E•••• I••••••••• F••• I• ••••••• C•••••••• L•
805-6968438767
feeder$17M GAV 2024232023 to 20242023Investing
S••••••• D•• L••
805-3965326436
fund of funds$15M GAV 202402021 to 20242021Deploying
E•••• I••••••••• F••• I• F•••••• L•
805-1968900791
feeder$12M GAV 202482023 to 20242023Investing
E•••• I• Q• F•••• L•
805-2257890017
fund$11M GAV 2024532019 to 20242019Winding down
E•••• D• C••••••••• L••
805-4680856223
co-investment$11M GAV 2024132019 to 20242019Harvesting
A••• R•••••••• I••••••••• P••••••• ••••••••• L•
805-1455220131
feeder$10M GAV 202492017 to 20242017Investing
E•••• I• C••••• F••••• I• L•
805-6877622628
feeder$10M GAV 2024562017 to 20242017Winding down
A••• 1• W•••• L••
805-9431948808
fund$10M GAV 2024182022 to 20242022Investing
E•••• I• U• F••••• I• L•
805-7612940698
feeder$2M GAV 2024252017 to 20242017Winding down
8 dropped, re-typed or historical vehicles
VehicleKindGAVOwnersReportedVintageLifecycleName saysLPs
A••• R•••••••• I• ••••••••• L•
805-5311922200, dropped 2024
feeder$28M GAV 2023202016 to 20232016Dropped from ADV
A••• J••••••• L••
805-9201124578, dropped 2018
fund$25M GAV 2017242014* to 2017unknownDropped from ADV
A••• R•••••••• I• L••
805-9198704241, dropped 2024
feeder$7M GAV 202392016 to 20232016Dropped from ADV
E•••• R••• E••••• F••• I• ••••••••• L•
805-5831903621, dropped 2019
fund$5M GAV 2018282014* to 2018unknownDropped from ADV
A••• R•••••••• I• G• C••••••••• L••
805-8148778749, dropped 2024
feeder$4M GAV 202322016 to 20232016Dropped from ADV
E•••• R••• E••••• F••• I•• L•
805-1066380604, dropped 2019
fund$814,000 GAV 201862014* to 2018unknownDropped from ADV
E•••• R••• E••••• F••• I•• ••••••••• L•
805-9227642180, dropped 2024
fund$349,000 GAV 2023642014* to 2023unknownDropped from ADV
E•••• R••• E••••• F••• I••• L•
805-4787979285, dropped 2024
fund$75,000 GAV 2023182014* to 2023unknownDropped from ADV
What do they actually own?
4 trusted of 7 candidate bindings
Owner entityVehicleProperties heldLoansEvidence
E• 2••• L••
FL, warehouse, distribution
manager only1 assessed $34.3MCorporate filing
sunbiz_officer_is_manager
E• 1••• L••
FL, heavy manufacturing
manager only1 assessed $9.0MCorporate filing
sunbiz_officer_is_manager
1••• W••• V••••••• L••
FL, vacant commercial
manager only2 assessed $8.1MCorporate filing
sunbiz_principal_address_hq_suite
E•••• I• Q••••• W•
NY
manager only2Name only
owner name opens with the manager's brand, no second signal
What are they buying, selling and financing?
0 acquisitions, 0 sales, 0 financings in 12 months
  • DispositionJun 26, 2013$12.6M
    through E•••• I• Q••••• W• to M•••• R••••• I••••• P••••••••• 2• held 2.3 years
    Public records no URL
  • AcquisitionMar 10, 2011$10.4M
    through E•••• I• Q••••• W• from W• 1• F•••••• B••••••••
    Public records no URL
  • AcquisitionMar 10, 2011$10.4M
    through E•••• I• Q••••• W• from W• 1• F•••••• B••••••••
    Public records no URL
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••••• N•• K••••••• Member since 2011-11 also on vc
  • J••••• N•• A•••• Member since 2011-11 also on vc
  • S••• A•••• K••••••• Member since 2011-11 also on vc
  • S•••••• M•••• A••• Limited Partner since 2022-12 also on vc
  • G•••• A•••• Member since 2022-12 also on vc
  • J••• R•••••• D••••••• Limited Partner since 2022-12 also on vc
  • D•••• M•••••••• P•••••• Cco since 2023-08 also on vc
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 29, 2024 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 29, 2024 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2023 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2023 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2023 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2023 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2023 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2022 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2021 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2021 (observed) ••• Locked
  • Vehicle first reported Mar 28, 2020 (observed) ••• Locked
  • Vehicle first reported Mar 28, 2020 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2019 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2019 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2019 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 29, 2019 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2019 (observed) ••• Locked
  • Vehicle dropped from ADV Mar 30, 2018 (observed) ••• Locked
  • Vehicle first reported Jun 29, 2017 (observed) ••• Locked
  • Vehicle first reported Jun 29, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 31, 2017 (observed) ••• Locked
  • Vehicle first reported Mar 29, 2016 (observed) ••• Locked
Across DFX