DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Real Estate Fund Intelligence at $199 a month for every name. Every figure, date and source on this page is public either way.
A•••• F••• M••••••••• L••
Value add real estate managerSEC-registered adviserunder $1B· Philadelphia, Pennsylvania
Value add real estate manager, based in Philadelphia, Pennsylvania, reporting $230M of real estate gross assets across 10 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
- $230M
- Current vehicles
- 10
- 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 164662 · SEC 801-80193ShowHide
What capital do they manage?
- Real estate GAV
- $230M GAV 2024sum of GAV over non-feeder, non-quarantined real estate vehicles on the latest filing, including vehicles typed Other Private Fund and admitted on their name (a scale proxy, never fund size)
- Vehicles
- 10 current, 10 ever, 0 dropped4 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 28, 2024registered adviser
- Adviser RAUM
- $1.2Bthe whole adviser, all strategies; used for the quarantine test only
- Fund types on the latest filing
- Real Estate Fund 10, Private Equity Fund 1
- Latest vintage
- 2024from 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
- Hybridbasis: stated
- Property types
- Industrial, Multifamily, Student housing, Hotel, Office, Retailbasis: stated
- Markets
- Top 35 U.S. MSAs, Top US MSAs / dynamic growth markets, Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahasseebasis: stated
- Business kind (site)
- Real estate manager
- AUM in its own words
- $13B+ Asset managedthe manager's statement, not a DFX figure
In the manager's own words20 quotesShowHide
- Value add: “The flagship A•••• Real Estate Partners Funds (AREP) maintain a middle market value-add and thematic strategy”
- Special situations: “Special Situations/Gap Capital (premier hospitality and trophy office)”
- Debt: “The A•••• Credit Funds Strategy (“ACF”) originates debt investments secured by commercial real estate across the U.S.”
- Development: “Directly develop or partner with premier developers on high quality multifamily and student housing projects”
- Industrial: “Primary emphasis on niche last mile infill light industrial:”
- Multifamily: “Living (multifamily and student housing)”
- Student housing: “Student housing adjacent to Tier-1 universities”
- Hotel: “Asset classes include Office, H••••, Multifamily, Retail, Industrial and Residential Condominiums (in select markets)”
- Office: “Asset classes include Office, H••••, Multifamily, Retail, Industrial and Residential Condominiums (in select markets)”
- Retail: “Asset classes include Office, H••••, Multifamily, Retail, Industrial and Residential Condominiums (in select markets)”
- Other: “Residential Condominiums (in select markets)”
- Top 35 U.S. MSAs: “Focuses on top 35 U.S. MSA’s and select secondary markets”
- Top US MSAs / dynamic growth markets: “A•••• Group’s investment focus is on high quality commercial real estate assets in top US MSA’s, dynamic growth markets and critical logistics centers.”
- Nashville: “Current projects located in Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahassee, and Jersey City, NJ.”
- Tampa: “Current projects located in Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahassee, and Jersey City, NJ.”
- New York City: “Current projects located in Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahassee, and Jersey City, NJ.”
- Salt Lake City: “Current projects located in Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahassee, and Jersey City, NJ.”
- Miami: “Current projects located in Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahassee, and Jersey City, NJ.”
- Tallahassee: “Current projects located in Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahassee, and Jersey City, NJ.”
- Jersey City, NJ: “Current projects located in Nashville, Tampa, New York City, Salt Lake City, Miami, Tallahassee, and Jersey City, NJ.”
Vehicles
10 on Form ADV
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| A•••• R••• E••••• P••••••• I•• L••• 805-8451376917 | fund | $69M GAV 2024 | 11 | 2024 to 2024 | 2024 | Unknown | Opportunistic | |
| A••• I• P••••••• S• F•••• L• 805-7479227206 | feeder | $44M GAV 2024 | 4 | 2024 to 2024 | 2024 | Unknown | ||
| A•••••• 1••• I••••••••• L•• 805-8449948952 | fund | $34M GAV 2024 | 26 | 2020 to 2024 | 2020 | Raising | ||
| A•••• R••• E••••• P••••••• I•• L• 805-5221258073 | feeder | $31M GAV 2024 | 99 | 2014 to 2024 | 2014 | Winding down | Opportunistic | |
| A•••••• P••••••• S• F•••• L• 805-1355980962 | feeder | $31M GAV 2024 | 4 | 2020 to 2024 | 2020 | Investing |
All 10 current vehiclesShow fewerlargest GAV first
| Vehicle | Kind | GAV | Owners | Reported | Vintage | Lifecycle | Name says | LPs |
|---|---|---|---|---|---|---|---|---|
| A•••• R••• E••••• P••••••• I•••• L•• 805-1190683858 | feeder | $8M GAV 2024 | 50 | 2016 to 2024 | 2016 | Winding down | Opportunistic | |
| A•••• O••••••••• F••• I•• L• 805-2327807204 | fund | $7M GAV 2024 | 99 | 2014 to 2024 | 2014 | Winding down | Opportunistic | |
| A•••• R••• E••••• P••••••• I• L• 805-4009612270 | fund | $4M GAV 2024 | 88 | 2012* to 2024 | unknown | Winding down | Opportunistic | |
| A•••• F••••••••• L•• 805-1505212527 | fund | $2M GAV 2024 | 9 | 2023 to 2024 | 2023 | Investing | ||
| A•••• F•• W•••• L••• 805-4102050156 | fund | $410,171 GAV 2024 | 2 | 2023 to 2024 | 2023 | Forming |
What do they actually own?
2 trusted of 12 candidate bindings
| Owner entity | Vehicle | Properties held | Loans | Evidence |
|---|---|---|---|---|
| A•• A•• I• T•••• I• P••••••• C• FL, light manufacturing, warehouse, distribution | manager only | 2 assessed $26.4M | Address and agent owner's tax-bill address is the manager's headquarters to the suite or floor | |
| A•••••• E••••• I•• O•••• F• L• FL, warehouse, distribution | manager only | 1 assessed $4.2M | Address and agent owner's tax-bill address is the manager's headquarters to the suite or floor |
Properties the manager names on its site
- W••••••••• I••, Houston, TX (industrial) “••• Locked”
- P•••••••• C•••••••• C•••••, A••••••, GA (office) “••• Locked”
- L• M•••••••, New York, NY (h••••) “••• Locked”
- 4•• S••••• A••, 4•• S••••• A••, Jersey City, NJ “••• Locked”
- W••• A•••••••••, Nashville, TN (multifamily) “••• Locked”
- 1••• M••••• S•••••, 1••• M••••• S•••••, Philadelphia, PA “••• Locked”
- Y••••••• O•••••, Lehi, UT (office) “••• Locked”
- W•••• W•••• B••••••• C•••••, A••••••, GA (industrial) “••• Locked”
- T•• R••••••••• a• R•••••••••, Philadelphia, PA (condominium) “••• Locked”
- M••••••••• R•••••, Times Square, NYC, NY (h••••) “••• Locked”
- W•••••••• G••••, Tampa, FL (h••••) “••• Locked”
- G•••• B••, Redwood City, CA “••• 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
- cmbs_trust steady2 loans, $105M, Dec 22, 2021 to Feb 16, 2022
- JPMorgan Chase new2 loans, $9.3M, May 19, 2025 to May 19, 2025
Who backs them?
0 allocators, 0 rows
No institutional LP disclosure resolved to this manager.
People
Form ADV Schedule A, latest filing
- C•••• A•••• S•••••• Chairman & Chief Executive Officer since 1995-04 also on pe
- J••••• S•••• C••••• Chief Compliance Officer / Chief Operating Officer since 2014-04 also on pe
- A••••• M••• N•••• Trustee since 2015-07 also on pe
- L••••••• M•••••• N•••• Trustee since 2015-07 also on pe
- A••••• J••••• D•••••• Chief Financial Officer since 2021-07 also on pe
What is changing?
- Vehicle first reported Mar 28, 2024 (observed) ••• Locked
- Vehicle first reported Mar 28, 2024 (observed) ••• Locked
- Vehicle first reported Mar 31, 2023 (observed) ••• Locked
- Vehicle first reported Mar 31, 2023 (observed) ••• Locked
- Vehicle first reported Mar 27, 2020 (observed) ••• Locked
Full timeline · 12 eventsShow fewer
- Vehicle first reported Mar 27, 2020 (observed) ••• Locked
- GAV reading quarantined Mar 24, 2016 (observed) ••• Locked
- Vehicle first reported Mar 24, 2016 (observed) ••• Locked
- Vehicle first reported Aug 6, 2014 (observed) ••• Locked
- Vehicle first reported Aug 6, 2014 (observed) ••• Locked
- First ADV filing on the tape Jun 15, 2012 (observed) ••• Locked
- Vehicle first reported Jun 15, 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.