DFX Intelligence
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U••••• I••••••••• A•••••••• I•••
Value add real estate managerSEC-registered adviserunder $1B· Silver Spring, Maryland
Value add real estate manager, based in Silver Spring, Maryland.
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
- Not established
- Current vehicles
- 1
- Properties held
- Not established
- Institutional LPs
- 4
Form ADV, Schedule D 7.B.(1)
Pension and endowment disclosures
As of · the latest Form ADV filing; property activity carries its own dates
Why this matters
- Institutional LPs 4
- Graphs 2
Identifiers, size band and strategyCRD 106628 · SEC 801-36371ShowHide
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
- 1 current, 1 ever, 0 dropped0 feeders, 0 funds of funds
- First on the tape
- 2012the extract starts in 2011; an earlier history is not visible
- Latest filing
- May 30, 2024registered adviser
- Adviser RAUM
- $11Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 1, Other Private Fund 6, Private Equity Fund 2
- Latest vintage
- 2023from a fund name year or the first ADV report after the adviser's first filing
What do they say they do?
confirmed
- Strategy
- Value add
- Operator model
- Fund managerbasis: stated
- Property types
- Otherbasis: stated
- Markets
- United States, New York Citybasis: stated
- Business kind (site)
- REAL_ESTATE_MANAGER
- AUM in its own words
- $125 million raised by REEGthe manager's statement, not a DFX figure
- Parent
- U••••• Inc.
In the manager’s own words
- Value add: “A closed-end fund that invests alongside high-quality operating partners in real estate assets with value-creation potential through hands-on asset management, repositioning, renovation, redevelopment, development, and recapitalization, including preferred equity and distressed loan acquisition.”
- Debt: “Investments in construction and permanent first mortgages in commercial real estate projects.”
- Other: “Property Type : All sectors”
- United States: “We invest in U.S. real estate assets through fund vehicles designed to meet the risk and allocation needs of our institutional investors.”
- New York City: “U••••• Invests $12.5 Million to Fund Construction of Two Multifamily Rental Towers in New York City”
Vehicles
1 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| U••••• V•••••••• R••• E••••• F••• I• L••• 805-4887931368 | fund | $0 GAV 2024 | 0 | 2023 to 2024 | 2023 | Forming | Value add | 4 |
What do they actually own?
0 trusted of 1 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?
4 allocators, 4 rows
- N•• Y••• D••••••• C•••••• o• C••••••••• P•••••• P• in U••••• V•••••••• R••• E••••• F••• I• exact_name$19.3M fair value, as of Jun 30, 2025 askebsa.dol.gov
- C•••••• L•••••••• P•••••• F••• in U••••• V•••••••• R••• E••••• F••• I• exact_name$4.7M fair value, as of Dec 31, 2024 askebsa.dol.gov
- M•••• T••••••• D••••••• C•••••• P•••••• F••• in U••••• V•••••••• R••• E••••• F••• I• exact_name$4.7M fair value, as of Dec 31, 2024 askebsa.dol.gov
- L••••••• N••••••• P•••••• F••• in U••••• V•••••••• R••• E••••• F••• I• exact_name$4.7M fair value, as of Dec 31, 2024 askebsa.dol.gov
People
Form ADV Schedule A, latest filing
- H•••••• K••••• Director, Sr. Vice President since 2011-02 also on pe
- R•••••• F•••••• L••••••• Chief Compliance Officer since 2011-07 also on pe
- J••••• R•••••• L•••••• President, Director since 2011-08 also on pe
- K•••••• D••••• S•••• Director since 2017-08 also on pe
- H••• J•••• D••••• Sr. Vice President, R••• E••••• Equity Fund since 2023-06 also on pe
- P•••• T• H•••• Sr. Vice President since 2024-01 also on pe
- C•••• A•• H••••••• Sr. Vice President since 2024-01 also on pe
- Y•••• Y• Chief Financial Officer, Secretary, Treasurer, Director since 2024-02 also on pe
What is changing?
- Vehicle first reported Jul 21, 2023 (observed) ••• Locked
- First ADV filing on the tape Mar 29, 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.